SUBJECT: Management Information System

SUBMITED TO: Sir Khawer Bashir

SUBMITTED BY: Fahad Nizam

ROLL NO: 2015-BBA-012

Q no.1 Prepare a review of each job sites listed above include target employers,
target employees and notable features of site?
ANS: (a) All the sites providing an information about buyer and seller. These sites
include target employers, target employees, programmer, designer, admin,
consultant and guidance of buyer. The following sites represents following
features in it.
WWW.ELANCE.COM
Target Employers: all. Target Employees: Programmers, designers, writers,
marketers, admin, and consultants. Buyers post projects for bid. Buyers can get
guidance for describing and posting a project and receive a bid from service
provider. Service provider information and portfolios are available for comparison
purposes. Service provider work as independent contractor. Buyers can also
select “pre-packaged” for fixed cost and saved themselves the trouble of having
to set up and define a project.

How it works: You can hire by the hour or by the project and then track progress
in your “Workroom” where you can “View and manage work-in-progress online
instead of on-site. Messages, screenshots, files and completed work are
automatically saved here”. One nifty feature is the ability to Invite co-workers to
join your Workroom as needed.

Payments: Approve milestones or time sheets prior to making payment.

Fees: Elance deducts between 6.75% and 8.75% from each payment (depending
on the project budget), transferring the remaining amount directly to the service
provider’s Elance account. In addition, there is a one-time $10 account activation
fee to set up an Employer account.

Our experience: Generally higher quality providers that are bit more expensive.
Probably the best option for larger jobs where you need to hire a team with
strong technical skills, or if you don’t want to be bothered with mediocre
providers. Note that in 2013, desk merged with Elance although both websites
retained their separate identities.

WWW.GURU.COM
Target Employers: all. Target Employees: business and technology professionals.
Buyers post projects for bid. Buyers rate service providers. And service provider
work as independent contractor. The site displays service provider experience and
site generated earnings. Buyers can also select “pre-packaged” for fixed cost and
saved themselves the trouble of having to set up and define a project.

How it works: Pay for completed work.

Fees: Memberships are available from $29.95 to $99.95 per quarter.

Project Fee – Either 5 or 10% of the Invoice or Escrow amount, depending on your
membership level.
Escrow Fee – 2% of the escrowed amount. Only charged when Safe Pay Escrow is
used.
Employer Payment Method Fees – Up to 4% for a credit card payment and 2.5%
for Withdraw Method Fees – $3 to receive funds by check and $9 to receive
funds by wire transfer.

Our experience: caters more to US based freelancers (182,000 workers in the US

vs. 51,242 in India, and only 1,887 in the Russian Federation). Working with a
native English speaker is sometimes a good option when you need to be able to
verbally communicate project requirements. Guru is also a good option if you are
looking to work with a US based provider.

WWW.MONSTER.COM
Target Employers: all. Target Employees: This is the highest rated site in these
exercise. This site supports employees and prospective employers with resume
postings and jobs offering as well. This sites make available a resume writing
service and provides a job seeker networking tools.
WWW.VWORKER.COM
Target employers: consumers of technology services. Target employees:
independent technology contractors. Buyers post software development projects
for a bid. Service providers are rated by a buyers. Buyers are rated by the
percentage of posted projects with a bid they accepts. This helps service
provider’s gain insight about whether or not a buyer is serious about using these
services.

(b) Which site did you find most useful and why?
ANS: Each one of these web portals has its own merits and demerits. Of the
following freelancing web sites
(www.monster.com, www.vworker.com, www.guru.comand www.elance.com).
Almost everything is common, excepting dispute resolution and job types.
www.guru.com: Very simple interface, easy to work links, a large pool of
freelancers and employers, easy dispute resolution, nice rating system and easy
payment system for freelancers, excellent Safe Pay a freelancing web portal
comes completely free to freelancers, though with a higher fee structure of 15%
of total value. Professionally done web site with excellent features and links,
Excellent dispute resolution system that is free of charge to both parties, perhaps
the largest pool of freelancers from all over the world, very good for technical
jobs, great reporting system, wonderful payment system for freelancers through
a number of methods.
www.monster.com: A professional web portal that has changed the way in which
hourly payment system works! However, fixed price system is a bit flawed
because of absence of an escrow system. It is a good portal with thousands of
experienced freelancers.

www.elance.com: Another great web portal for both employers and freelancers!
However, the only grouse is the flawed dispute resolution system that charges a
hefty fee for both parties. For newcomers, getting a job on this site could be very
tough and challenging. Employers seem to love this site while the average value
of freelancing job seems to be higher when compared to other sites.