The Rise of Ghosting: How Job Candidates Are Being Left in the Dark After Reference Checks
Introduction
In the competitive professional settings and corporate world, job candidates are facing a new and frustrating phenomenon called “ghosting.” Ghosting refers to the act of abruptly cutting off all communication and contact after a reference check or during the hiring process. This can leave job seekers in the dark, not knowing whether they got the job, should continue searching, or if there has been a change in the hiring timeline.
The Losses Incurred
Ghosting in the hiring process has substantial repercussions in terms of time, energy, and money for businesses. According to various news sources, statistics reveal that nearly 50% of companies have experienced ghosting incidents during the recruitment process. This leads to wasted time spent reviewing applications, conducting interviews, and checking references. Additionally, the energy invested in evaluating candidates goes to waste when there is no response or follow-up.
In terms of financial losses, businesses are estimated to lose billions annually due to ghosting. The costs incurred by conducting interviews and reference checks, as well as the potential loss of productivity when a position remains unfilled, can be significant.
The Solution: Offer Ghosting Platform
To address this pervasive issue, Sumeru Digital has developed the Offer Ghosting Platform – a blockchain-based solution leveraging Hyperledger Fabric. This innovative platform offers various features that provide a comprehensive approach to tackle ghosting incidents.
- Report Candidate Ghosting: Businesses can report instances of ghosting they have experienced, allowing others to be aware of candidates who have previously exhibited such behavior.
- Find Candidates Trust Score: The platform offers a trust scoring system that provides an indication of a candidate’s reliability and commitment based on past interactions and references.
- View Candidate History on Blockchain: By utilizing the transparency and immutability of blockchain technology, businesses can access a candidate’s complete history, ensuring transparency and accountability throughout the hiring process.
The Utility of the Offer Ghosting Platform
The Offer Ghosting Platform revolutionizes the hiring process by providing a reliable and efficient solution to combat ghosting incidents. By encouraging businesses to report ghosting experiences and providing a trust scoring system, the platform creates a more transparent environment for job seekers and employers alike.
We urge business owners to start reporting any ghosting incidents they have encountered in the past or recently. This will help eliminate this pandemic-like problem in the business world and restore work commitments.
Sign up for a free trial of the Offer Ghosting Platform today and experience the benefits it offers in ensuring a trustworthy and efficient hiring process for your business.