The Challenges of Ghosting After Being Hired in the Corporate World
In today’s competitive job market, finding the right candidate for a position can be a time-consuming and costly process. However, what happens when a candidate simply vanishes after being hired? Ghosting after being hired has become a growing concern in the professional world, causing significant losses in terms of time, energy, and money for businesses.
According to various newspapers, ghosting after being hired is a pervasive issue affecting a wide range of industries. Reports show that companies have lost an estimated 14.6 hours per ghosted candidate in the hiring process, resulting in delayed projects and increased workload for existing employees. Additionally, the energy and effort invested in training these individuals go to waste, leading to frustration and decreased morale among teams.
From a financial perspective, the cost of ghosting after being hired is staggering. A study highlighted in Newspaper 1 revealed that companies lose an average of $6,500 per ghosted candidate due to recruitment expenses, including advertising, screening, and interviewing costs. Moreover, the long-term impact on productivity and client satisfaction can result in even greater financial losses over time.
To address this pressing issue, Sumeru Digital has developed the Offer Ghosting Platform, a revolutionary blockchain-based solution using Hyperledger Fabric. This innovative platform not only helps businesses avoid ghosting incidents but also provides a holistic view of a candidate’s trustworthiness and professional commitment.
Key Features of the Offer Ghosting Platform:
1. Report Candidate Ghosting
The platform allows businesses to report any instances of ghosting after being hired, creating a transparent and easily accessible database. By sharing this information, employers can warn others in the industry and prevent potential future ghosting cases.
2. Find Candidates Trust Score
The Offer Ghosting Platform employs advanced algorithms to calculate candidates’ trust scores, providing an objective evaluation based on their previous employment history and feedback from employers. This feature enables businesses to make informed decisions and reduce the risk of encountering ghosting incidents.
3. View Candidate History on Blockchain
Utilizing the blockchain technology of Hyperledger Fabric, the platform securely stores and verifies candidates’ employment history. Hiring managers can easily access and validate previous work experiences, ensuring the accuracy and reliability of the information provided by candidates.
By leveraging these features, the Offer Ghosting Platform offers a comprehensive solution to combat the challenges associated with ghosting after being hired. Its utilization of blockchain technology ensures transparency, immutability, and security, making it a reliable tool for businesses.
If you are a business owner who has experienced ghosting after hiring an employee, it’s time to take action. Sign up for a free trial of the Offer Ghosting Platform today and start reporting any ghosting incidents you have encountered in the past or recently. Together, we can eradicate this pandemic-like problem in the business world and bring back work commitments.
Visit the Offer Ghosting Platform website to learn more about how it can benefit your organization. Register now at https://app.offerghosting.com/register to start your journey towards a more reliable hiring process.
