Candidates

Companies

Candidates

Companies

Candidates

Companies

Match Day Rules

  1. Purpose

The purpose of Match Day is to streamline the hiring process for both candidates and companies. We strive for quality, speed, and transparency for all participants.

  1. Key Definitions

Term Meaning
Match Day Cycle Fonzi’s continuous hiring marketplace. Candidate profiles are live and Employers may place bids at any time.
Bid An Employer’s request to interview a Candidate for a specific role, including the compensation terms (salary, equity, and guaranteed bonus). Candidates can view and respond to bids as soon as they are placed. An Employer may update an open bid to the same or better compensation, never lower.
Response Window The time a Candidate has to accept or decline a bid: 7 days from receiving it, ending at the end of the Candidate’s local day. Example: a bid received on a Friday can be answered until end of day the following Friday.
Bid-Lock The moment a Candidate accepts a bid. All compensation terms in the accepted bid freeze and become irrevocable for 60 days from acceptance.
Term Meaning
Match Day Cycle Begins when profiles go on preview Monday at 9 AM ET and ends when the Candidate Choice Window closes on Friday at 9 PM ET.
Preview + Sealed-Bid Period Monday 9:00 AM ET → Tuesday 9:00 AM ET (24 h) – Employers both browse profiles and place their first sealed bids. Candidates cannot yet view any bids.
Bid Window Tuesday 9:00 AM ET → Thursday 9:00 PM ET (2d 12h) – All initial bids become visible to candidates. Employers may raise, but never lower, compensation.
Bid-Lock Friday 6:00 AM ET – All compensation terms freeze and become irrevocable for 60 days.
Candidate Choice Window Tuesday 9:00 AM ET → Friday at 9:00 PM ET – Candidates accept or decline all bids.
  1. Response Timing

Event When
Bidding Continuous. Employers may browse profiles and place bids at any time.
Candidate response Within each bid’s 7-day Response Window.
Automatic close A bid with no answer by the end of its Response Window is closed automatically as declined.
Phase Opens Closes
Preview + Sealed Bids Mon 9:00 AM Tue 9:00 AM
Bids Revealed (Bid Window) Tue 9:00 AM Fri 6:00 AM
Candidate Choice Window Tue 9:00 AM Fri 9:00 PM
  1. Employer Commitments

  1. Active-Hiring Only: The Employer affirms that every bid it places is for a fully approved, budgeted, and applicable open role.

  2. Bid Integrity: Salary, equity, and guaranteed bonus submitted through the Platform may not be reduced for 60 days after Bid-Lock. Perks may be added, never removed.

  3. Responsiveness: The Employer designates a Talent-Acquisition POC who replies to Fonzi Slack or e-mail within one business day.

  1. Candidate Commitments

  • Accept or decline each bid within its 7-day Response Window. Bids left unanswered are closed automatically.

  • Attend scheduled interviews or notify Fonzi at least one business day in advance of any conflicts.

  • All compensation negotiations with Employers during the Response Window must be conducted with a Fonzi Concierge Recruiter cc’d.

  1. Communication Channels

  • Slack/Text - Primary for scheduling, bid-status pings, and escalation

  • E-mail - Bid response delivery, candidate introductions

  • Calendar Invites - Sent by the company to the candidate with the Fonzi PoC recruiter in copy for every interview slot

  1. Rule Updates

Fonzi may update these Rules at any time. Updated Rules apply to all bids placed after notice. Continued participation after such notice constitutes acceptance of the updated Rules.

  1. Hierarchy

If these Rules conflict with the Agreement or an Order Form, the Order Form shall take precedence, followed by the Match Day Rules, and then the Agreement.

Effective Date: July 22, 2026