The Challenges of Ghosting in the Corporate World
Introduction
Ghosting, the act of suddenly disappearing and cutting off all communication after an interview, has become a prevalent issue in the professional world. Whether you are a job seeker or a business owner looking to hire new talent, ghosting can have severe consequences. In this article, we will explore the losses in terms of time, energy, and money caused by ghosting and discuss the Offer Ghosting Platform, a blockchain-based solution developed by Sumeru Digital.
The Impact of Ghosting in the Corporate World
Ghosting can have devastating effects on both candidates and hiring companies. According to a survey conducted by ABC News, 75% of job seekers reported experiencing ghosting after an interview. This not only wastes candidates’ time and energy but also damages their confidence and reputation. Additionally, it disrupts the hiring process and leads to a substantial loss in resources for companies.
Research conducted by The Wall Street Journal revealed that ghosting costs companies an estimated $1 trillion annually, taking into account the costs of lost productivity, increased recruitment efforts, and potential damage to the employer brand image. It is clear that ghosting is a pandemic-like problem that needs to be addressed in the business world.
The Offer Ghosting Platform: A Blockchain-Based Solution
Recognizing the urgent need to tackle ghosting, Sumeru Digital has developed the Offer Ghosting Platform. This innovative platform utilizes Hyperledger Fabric, a private blockchain framework, to provide transparency and trust between candidates and hiring organizations.
One of the key features of the Offer Ghosting Platform is “Report Candidate Ghosting.” This feature allows hiring managers to report instances of ghosting, providing them with a platform to share their experiences and alert other employers of unreliable candidates. This collective reporting system enables businesses to mitigate the impact of ghosting and prevent it from happening repeatedly.
Another crucial aspect of the platform is the “Find Candidates Trust Score.” This feature assigns a trust score to candidates based on their interview and hiring history. Employers can access this score to evaluate a candidate’s reliability and likelihood of ghosting, enabling them to make more informed hiring decisions.
The Offer Ghosting Platform also offers “View Candidate History on Blockchain,” which allows employers to view a candidate’s complete interview and hiring history. This feature saves time and resources by providing a comprehensive profile of a candidate’s interactions with previous employers, eliminating the need for repetitive reference checks.
The Utility of the Offer Ghosting Platform
The Offer Ghosting Platform is a revolutionary solution that addresses the challenges posed by ghosting in the corporate world. By enabling employers to report ghosting incidents, evaluate candidate trust scores, and access comprehensive candidate histories, the platform promotes transparency, accountability, and efficiency in the hiring process.
We urge business owners and hiring managers to start reporting any ghosting incidents they have experienced in the past or recently. By reporting these incidents, companies can help eradicate ghosting, bringing back work commitments and fostering a more trustworthy business environment.
The Offer Ghosting Platform offers a free trial for businesses to experience its benefits firsthand. Visit offerghosting.com to learn more about the platform and sign up for the trial at app.offerghosting.com/register.
