Keys Parts of the Process Are Failing:
The clear answer is YES! There is an opportunity to upend the entire system that continues to fail companies and recruiters alike on many levels. The process ultimately fails the well-qualified and honest candidate who should have been the best candidate for the job.
The simple answer is using a blockchain based technology.
A blockchain is an immutable ledger that both the employee and the certifying agency connect, and that cannot be changed.
Blockchain is better than a centralized database that we have all come to know and love in the form of applicant tracking systems, learning management and HRIS systems.
Three easy reasons:
These are all great reasons, but ultimately the primary reason is TRUST.
Blockchain enables each candidate to present a verified resume of certifications and experiences that is validated by third-party certification bodies. It means that you can trust their data and avoid re-testing and time associated with verifying credentials.
The process could look like this:
In healthcare, one client has reduced time to hire from four (4) weeks down to 3 days, by having verification of applicant’s certifications happen immediately upon showing interest in the position.
For insurance companies, candidates were able to provide verification of all certifications and work history in minutes, rather than days.
Imagine the possibilities of a trusted process and hiring in days instead of weeks!
That is the promise of leveraging blockchain for recruiting solutions.
For more information about how you can speed the time to hire and improve trust in the process, please contact us today.