Challenges of Ghosted? Look out for these tell-tale signs…
The phenomenon of ghosting has become increasingly prevalent in the professional and corporate world, causing significant losses in terms of time, energy, and money. According to numerous news reports, the number of ghosting incidents has skyrocketed in recent years, affecting businesses of all sizes.
Ghosting refers to the abrupt and unexplained disappearance of job candidates, employees, or business partners, leaving employers and organizations in a difficult position. This trend has been observed in various industries, from tech startups to multinational corporations.
Statistics compiled by reputable newspapers indicate the impact of ghosting on businesses. The New York Times reported that ghosting can cost companies an average of $30,000 per hire, including recruitment expenses, onboarding costs, and lost productivity. The Wall Street Journal highlighted that over 20% of job candidates don’t show up for interviews, and CareerBuilder stated that 55% of employers have reported ghosting incidents during the hiring process.
In response to this growing problem, Sumeru Digital has developed the Offer Ghosting Platform, a blockchain-based solution utilizing Hyperledger Fabric technology. This platform offers a comprehensive set of features to tackle and prevent ghosting incidents in professional settings.
A key feature of the Offer Ghosting Platform is its “Report Candidate Ghosting” functionality. This allows businesses to log and document instances of ghosting, creating a database of ghosting incidents. By reporting ghosting incidents, employers contribute to a global knowledge base that helps identify patterns and potential red flags when dealing with potential candidates.
The platform also provides a “Find Candidates Trust Score” feature, which assesses the reliability and commitment of potential candidates based on their past interactions with employers. By utilizing machine learning algorithms and analyzing historical data from ghosting incidents, the platform can generate a trust score for each candidate, enabling businesses to make more informed hiring decisions.
Additionally, the Offer Ghosting Platform allows businesses to “View Candidate History on Blockchain.” This unique feature provides a transparent and immutable record of a candidate’s professional history, including previous employment, projects, and performance evaluations. Employers can easily access this information, giving them a holistic view of a candidate’s credibility and reducing the chances of encountering ghosting incidents.
The Offer Ghosting Platform leverages the power of blockchain technology to provide a robust and secure solution to the ghosting problem. Hyperledger Fabric ensures the integrity and immutability of the data, safeguarding against potential tampering or manipulation.
In conclusion, ghosting has emerged as a significant challenge in the professional and corporate world, leading to substantial losses for businesses. The Offer Ghosting Platform developed by Sumeru Digital offers an innovative and comprehensive solution to combat this issue, empowering employers to report ghosting incidents, assess candidate trust scores, and access transparent candidate histories on the blockchain. This platform has the potential to transform the way businesses hire and establish work commitments.
Business owners and employers are encouraged to start reporting any ghosting incidents they have experienced in the past or recently through the Offer Ghosting Platform. By doing so, they contribute to eradicating this pandemic-like problem in the business world and restoring work commitments.
Sign up for a free trial of the Offer Ghosting Platform now by visiting their website, and register at the following URL: https://app.offerghosting.com/register.