Blockchain technology is best known for cryptocurrencies; especially Bitcoin. But, it can be used for a lot of other applications as well, including employment screening. In the coming years, it is expected that blockchain will completely transform the way traditional hiring of employees happens right now. In particular, blockchain will change the way organizations hire
Working remotely has become the new normal. In the USA alone, 36 percent of workers freelance in some capacity. Independence to do their preferred work on their own terms is one of the biggest reasons attracting workers towards the gig economy. In fact, according to a news report, freelancers are making more money than an
The concept of background checks in India is still at a nascent stage. But the need for the same is steadily growing and several organizations, and almost all of the IT and ITes sectors, including the financial sector, opt for a pre-employment background check in India today. Need for pre-employment background check in India The
COVID-19 has transformed our traditional methods of doing business. It has changed the way employees work. Several businesses have institutionalized work from home practice. The abrupt change in work schedule and environment is turning to be isolating for some employees who are used to enjoying the workplace in their daily routine. But with COVID-19, work
Workforce is the biggest resource available today. Employment of people who do justice to their role, adds to a company’s growth. Alternatively, the same someone, if not suited for the post, results in a huge waste of time, money and energy; this directly affects the company’s ROI negatively as well as the individual’s career. So
In the age of data-security and strict compliance; it has become crucial for businesses to have an appropriately qualified and reliable workforce. Organizations rely on employee background verification to verify the authenticity of their certificates, work experience, home location, criminal record, and other relevant information. However, the normal verification process is not foolproof and may
With billions being affected by the COVID-19 pandemic, the world continues to hold its breath, hoping to see the slightest sign of a slowdown in the number of new cases. Almost every business sector has been affected by this crisis. Everything, including employment opportunities, has come to a grinding halt, because of the stringent implementation
Bad hires continue to plague the talent acquisition services in India quite adversely. It has been seen that bad hires tend to bleed the company by costing it five times the annual salary given to them. Resume falsification is another problem that is rampant in India. Increasing competition, along with the availability of ample job
Employee verification has become essential as part of the pre-employment due-diligence process. The need to safeguard the company’s confidential data and to verify a candidate’s background information has given rise to employment screening processes. While it may seem to be very complicated, it is a simple process which looks into the applicant’s history, thereby: Enabling
Checking the authenticity of resumes has always been a matter of concern for recruiters around the world. The biggest challenge in this process is that it requires a lot of time and money for verifying the authenticity of education, skills, work experience, and background information furnished by the candidate. Traditionally, HR managers conduct background checks
A common platform for candidates from different universities and organizations to store and share validated data. Data is verified by potential employers, no wastage of time in filtering candidates. Utilization of validated data to auto create alumni connections and help in making the communities stronger.
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