4th pillar Blockchain integrated project: a new world for the HR industry
4TH PILLAR created a high-tech blockchain-based hub that will serve and change the HR and finance industries forever. The project would have positive impact on the environment since it is tailored towards reducing the usual activities of paper work of HRs.
4th pillar has made a remarkable move to break the strong nut of getting the most appropriate employees for the right position. The bottle neck of misfit in employment processes can be completely eliminated. It takes Real ingenuity of the team to come out with this kind of concept.
Kudos to 4th pillar managers and the acumen of the entire team in revolutionizing the system of operation that is currently the norm. With fourth pillar platform, the human resource manager could be very assertive in the recruitment exercise.
Over the years, Europe have experienced lack of work force. Does it mean that Europe really lack work force? Of course, no. The issue might have been as a result of this gap of not been able decipher appropriate employees to man the desired task. Therefore, to get the economy back to its desired expectation, there is need for a change. It is time to change and upgrade the HR industry. Humanly speaking, the traditional way of doing things in the HR industry could be very demanding.
Human resource managers’ challenges
Currently, here are outlines of the pressing needs in the HR sector.
• Getting sufficient number of qualified employee for a required task. this is getting tougher almost every day.
• The exorbitant employee acquisition task, the problem of employees’ insincere record (coupled with data in the existing CV) is becoming a nightmare.
• There is the incentive schemes definition challenge for employees to change jobs. The fear of acquiring reliable work history when recruiting cross-border is greatly increasing by day.
• 38% of companies are thinking about digitizing their HR operations and are in dire need of a suitable affordable technological solution.
• A significant amount of manual labor (216 million working individuals in Europe alone).
Using 4th Pillar’s decentralized model, we want to dramatically disrupt the workforce employment recruitment industry and achieve considerable market share quickly before cryptocurrency and blockchain technology become mainstream in the next few years. In a nascent space, far more must be done than white paper creation followed by social media blasts. A good mix of thought leadership, credibility, community, channel creation and research are making the 4th Pillar project stable and delivered on its promise and goals. That is why we focus our marketing efforts on the absolute quickest 4 pillars
The global employment and recruitment industry continue to show solid growth, increasing both the depth and scope of its HR solutions and supporting around 72 million people worldwide to access work each year. According to Ciett’s 2016 economic Report, global annual sales revenue reached 450.4€ billion with an annual increase of %8.6. The global recruitment process outsourcing market is forecasted to grow at a compound annual growth rate of %17.66 from 2017 to 2021, according to recent reports (Technavio - Infiniti Research Ltd. (2016), Global Recruitment Process Outsourcing Market 2021-2017). The growth potential is enormous due to approximately 3.3 billion employees in 2017 according to ILO modelled estimates. One of the key trends in the HR industry will be the process of digitization. 38% of companies are thinking about digital HR and only 9% of them believe they are fully ready for it. 72% of organizations believe digital HR is an “important” priority, while 32% claim it is “very important” (Source: Deloitte University Press).
henrygreat
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HENRYGREAT
HENRYGREAT
The Author is a classical researcher of topical issues in the area marketing, business, ICOs, bounty, and cryptocurrencies
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