Nick Corcodilos has an article about a new site called Dayak that “lets employers bid to see how cheaply they can hire talent.”:http://corcodilos.com/blog/54/on-the-edge-of-the-curve As he points out in the article, you get what you pay for.
I think “this page from the Dayak website”:http://www.dayak.com/index?type=howItWorks is all you need to know about them. That much cheesy stock photography is never a good sign.
Seriously, this is just bad news for everyone. When you’re treating people like eBay items, like interchangeable commodities, you’re going to hire the absolute most average people, or worse.