Attracting and Retaining Top Talents
The rapid advancement of AI and automation has created a paradox in the labor market - while more and more workers having hard time to find a job or facing risk of being replaced, COMPANIES CONTINUE STRUGGLING TO ATTRACT AND RETAIN THE TALENTS.
Coincidently, the demographics of labor pool participants and their interest have changed and, having the right skill to navigate modern technologies, a large share of them, per Deloitte Global, is looking to take advantage of digital currencies to boost their financial viability.
Although it offers exciting potentials, digital currencies have no inherent value even so it may benefit from its universality and scarcity.
Yet, digital currencies do gain the immense extrinsic value, similar to stock or bond, when it’s backed up by a specialized APPLICATION providing the means, processes and a tool for companies to incentivize its workforce.
Yet, digital currencies do gain the immense extrinsic value, similar to stock or bond, when it’s backed up by a specialized APPLICATION providing the means, processes and a tool for companies to incentivize its workforce.
By integrating digital currency into their compensation structures, companies can leverage the efficiency and growth associated with cultivation of its talent asset, and, as the result, offer compelling value proposition for prospective and current employees.
The LARGE COMPANIES may have some ways by offering limited profit sharing, stock options or restricted stock units (RSU) - though it has its disadvantages like tax implications, lack of flexibility, and limited upside potential.
The MID-SIZE AND SMALL COMPANIES, however, are not that fortunate and more often than not have no incentives at all besides the base salary.
THE SHEER NECESSITY CREATES
THE STRONGEST ARGUMENT FOR NEW TECH
THE STRONGEST ARGUMENT FOR NEW TECH
The know-how
HiRe (Hiring and Retaining) is DECENTRALIZED APPLICATION AND PLATFORM leveraging the power of blockchain technology to create a global ecosystem for attracting and retaining top talents.
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The HRT tokens can be quickly settled on blockchain exchanges allowing global trading, conversion into fiat currencies and instantaneous access to liquidity and financing.
Obtaining established security from underlining layer 1 blockchain, the HiRe application resides on layer 2/3 blockchain/platform and double down on transparency, security and speed of performance resulting in:
- enhanced scalability and extended ability to handle higher number of transactions
- increased throughput, reduce transaction fees and cost of services
- improved privacy due to reduced volume of processed data
The HiRe allows companies to leverage talents’ short supply against its high demand, creating sustainable value in the form of talent asset that, when tokenized (converted into namesake HRT tokens), providing companies with the opportunity to commence the unique incentives (digital currency) for attracting and retaining top talents.
HiRe Application Platform
The HiRe platform employs a novel “mechanism” of rewarding users based on their expertise, work quality and time spent on the platform.
The mechanism offers an internal “virtual resource” - a time to stimulate the multitude of registered users’ activities and services. This resource can also be used to manage the Node, including its size, growth, and security, and to improve efficiency and cost of HRT transactions. The consolidated, by users, resource can be consequently exchanged on the platform for HRT tokens.
It uses HiRe smart contracts that comprised of algorithms, rules and conditions to govern the HRT transactions, while creating robust ecosystem for identifying suspicious patterns and/or anomalies helping to prevent fraudulent activities.
Intuitive user interface facilitates quick access to a broad range of services, streamlining processes for individuals and companies alike
MONETIZATION AND VALUE GROWTH
The opportunities for monetization is driven by mutually-advantageous business relationship between talents and companies, and by advertisers partaking direct access to a valuable and vetted workforce segment (talents) with high disposable income and ability to buy premium products and services.
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The growing mandate for application augments the value of HRTs within business ecosystem while bringing additional buy-in interest from non-affiliated users, third-party applications, vendors and service providers utilizing unique value of talent asset in the fast-growing and dynamic markets of commercial, DeFi and FinTech services.
Global ecosystem
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