Optimizing the allocation of jobs on job portal

A system and method for optimizing the utilization of job slots available for the users on one of the job portals as an interconnection of at least one configurable and nameable business process element;

• said system comprises:
• a. a host computer system;
• b. at least one database component associated with the host computer system;
• c. a communication interface for accessing the host computer system from a plurality of remote input/output devices for optimizing the utilization of maximum job limits available on the job slots, this business process element, further comprising:
• d. a user providing free text job inputs on web based form via input output device, collecting the pool of jobs for the named entity and using optimization rule creation engine for recognizing the free text job inputs and mapping the free text job inputs with at least one job decision rule for managing the allocation of jobs within job slots available on job portals for at least one named entity.