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Author Topic: Blockchain will reshape the recruitment market  (Read 275 times)
BitHub.pl (OP)
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November 20, 2017, 12:54:51 PM
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There are currently very few practical methods for assessing the reliability of employee’s references. This problem can be solved thanks to reputation systems based on blockchain and crowdsourcing – says Kartik Mandaville, CEO in SpringRole, in Bithub.pl’s #SundayInterview.

What’s your idea and why does job/recruitment market need SpringRole?

Kartik Mandaville: The job market is flooded with the unverified resumes. Reference checks are the way by which an employer checks the validity of the information that a potential employee has provided in his/her resume. The information provided varies and may include previous job experience, educational information, specific projects, and skills that the candidate possesses.

An estimated 53% of resumes contain some amount of factual inaccuracy. Thus, validation is very important in hiring a new candidate. If the documents or claims are not valid they can become a major concern for employers and can lead to rejection of the candidate or business risks down the line. Effective reference checking can prevent companies from making bad hires and weed out candidates that make false claims. Most reference checks involve checking attestations first made long ago, and these checks are repeated by many subsequent reviewers.

Full interview on https://bithub.pl/english/sundayinterview-blockchain-will-reshape-the-recruitment-market/

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November 20, 2017, 04:23:42 PM
Last edit: November 20, 2017, 05:31:10 PM by KingScorpio
 #2

There are currently very few practical methods for assessing the reliability of employee’s references. This problem can be solved thanks to reputation systems based on blockchain and crowdsourcing – says Kartik Mandaville, CEO in SpringRole, in Bithub.pl’s #SundayInterview.

What’s your idea and why does job/recruitment market need SpringRole?

Kartik Mandaville: The job market is flooded with the unverified resumes. Reference checks are the way by which an employer checks the validity of the information that a potential employee has provided in his/her resume. The information provided varies and may include previous job experience, educational information, specific projects, and skills that the candidate possesses.

An estimated 53% of resumes contain some amount of factual inaccuracy. Thus, validation is very important in hiring a new candidate. If the documents or claims are not valid they can become a major concern for employers and can lead to rejection of the candidate or business risks down the line. Effective reference checking can prevent companies from making bad hires and weed out candidates that make false claims. Most reference checks involve checking attestations first made long ago, and these checks are repeated by many subsequent reviewers.

Full interview on https://bithub.pl/english/sundayinterview-blockchain-will-reshape-the-recruitment-market/

companies do the same, even the biggest ones that basically print money all the time, they also hide their bad parts so they can attract better employees, and keep their employees performance together

secondly people arent robots or machines whose materials have been tested, focusing like an idiot on cv, will end you up beeing alone,

all humans are individuals with individual social attachements, measuring them is very difficult

regards

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November 20, 2017, 04:31:30 PM
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No doubt it will - it has a lot of unexplored potential still, it just needs time.
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November 20, 2017, 04:47:42 PM
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I think the industry has already reshaped itself far beyond this concept, to be honest. Can't remember the exact statistics, but I'm fairly certain a very high number of recruitments, especially in tech and white collar jobs, are now done via networking. I can even feel this myself, since I don't network too well. It seemed far easier to get noticed and latch interviews years ago. Last year, I sent out literally hundreds of CVs, each tailored and accompanied by targeted cover letters, with only a handful of responses.

Even when I still had my long-term career, it was more and more the norm for new recruitments to be someone known by someone already within the company. Formal recruitment processes were still carried out (advertising, shortlisting and interviews) but the decisions were usually made a long time ago. Colleagues from other industries also tell me the same.

Now if you had a blockchain that would level the playing field and reveal network links and associations...

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November 27, 2017, 12:35:47 PM
 #5

We are building SpringRole from the ground up, keeping all stakeholders in mind. Users are fairly incentivized with SRT as are attesters, ultimately providing a highly useful and validated resource for recruiters and prospective employers – says Kartik Mandaville, CEO in SpringRole, in continuation of last week’s Bithub.pl’s #SundayInterview

https://bithub.pl/english/sundayinterview-blockchain-competition-linkedin/

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