The Rising Trend of New Hire No Shows: Challenges and Solutions
In today’s professional settings, the frequency of new hires not showing up for work has become a growing concern for businesses across industries. This phenomenon, known as ghosting, has resulted in significant losses in terms of time, energy, and money for companies.
According to several news reports, the rate of ghosting has skyrocketed in recent years. Statistics show that 27% of new hires don’t show up on their first day of work, leading to increased recruitment costs and wasted resources.
The Offer Ghosting Platform developed by Sumeru Digital serves as a blockchain-based solution using Hyperledger Fabric to address this pressing issue. This innovative platform offers a range of features designed to provide a holistic view of candidates and improve trust and transparency in the hiring process.
Features of the Offer Ghosting Platform
The Offer Ghosting Platform offers three key features:
- Report Candidate Ghosting: Businesses can report instances of candidate ghosting through the platform. This data is stored securely on the blockchain, ensuring its integrity and immutability.
- Find Candidates Trust Score: Employers can access a candidate’s trust score, which is calculated based on their past history of commitment and reliability. This feature provides valuable insights into a candidate’s potential behavior.
- View Candidate History on Blockchain: The platform allows employers to view the complete history of a candidate’s job applications, offers, and responses, thereby enabling them to make better-informed hiring decisions.
The Utility of the Offer Ghosting Platform
The Offer Ghosting Platform offers several benefits to businesses:
- Increased Accountability: By making candidate ghosting incidents visible and reportable, the platform encourages individuals to fulfill their work commitments and discourages ghosting behavior.
- Time and Cost Savings: Businesses can save significant amounts of time and money by avoiding the lengthy and expensive recruitment process associated with ghosting incidents.
- Better Decision-making: The platform’s features enable employers to assess a candidate’s reliability and commitment levels, empowering them to make better hiring decisions.
The prevalence of ghosting poses a serious challenge to the corporate world. It disrupts operations, damages the reputation of employers, and hampers overall productivity. It is crucial for business owners and hiring managers to actively combat this issue by adopting solutions like the Offer Ghosting Platform.
Signing up for a free trial of the platform can provide businesses with firsthand experience of its effectiveness in addressing the challenges posed by new hire no shows.
Business owners who have experienced ghosting incidents in the past or currently can contribute to eradicating this pandemic-like problem by reporting their experiences through the Offer Ghosting Platform. This collective effort will help restore work commitments and ensure greater integrity in the business world.
Take a step towards combating ghosting and sign up for a free trial of the Offer Ghosting Platform today.
