“Ideally, in a hiring process there should only be one interview. In this interview, the HR manager should evaluate the candidate as an individual to see if there is a cultural fit and a whiff of emotional equity. The rest can, and should be taken care of using technology.”
This is the ideal recruiting and hiring scenario painted by our CEO, Kartik Mandaville.
“We are far from such a scenario,” he continues. “There are professional profiles online, better social attestations of skills, better profile matching algorithms, hiring ATSs and online skill evaluation platforms. Yet, there are major gaps in our processes today. We aim to bridge these gaps. We are building the tools and products which would lead us to a recruiting future which we feel should have been ours already.”
Almost all of the technology we are building right now revolves around the above thesis. We found something lacking in the current system and changed it.
SpringVerify is one such piece in the larger puzzle of hiring. We found that there was little to no technology being used in background verification processes. Background checks were still being done by using the same old paper forms, collecting hard copies of documents, and worse still, providing physical reports.
This had to change. There is a lot which could be done in the background verification space. For one, we could do good using online forms and provide digital reports.
Obviously, SpringVerify does more than just provide online forms to be filled. You can read about the processes we use and how we reduce time by more than 30% here.
The future of work
The future is remote. Collaboration needs to happen between folks living thousands of miles apart. It is already happening, and we will see more and more teams spread across the globe.
The working landscape has changed dramatically over the last couple of decades. Things have moved from being efficiency-centric to being human-centric. There is a great emphasis on building a team which will resonate the brand values, the company culture, and the cohesiveness needed to pull off amazing work. The trend will only accelerate from here on.
With the advent of machine learning, artificial intelligence, and blockchain; every job role is set for a major overhaul in the coming years. Work will entail more creativity and more of how we use technology to automate the non-creative parts.
Great teams aren’t a product of chance. They are built meticulously. We believe the focus of future hires would fall back to human capacity and compatibility. Hiring fast and hiring right will become a core focus of any team going forward if it is not already.
We are building technologies to drive the future of work.
Hiring in the future will need to be super-efficient. Technology will have solved some of the problems we are facing right now. But hiring the right candidate will become tougher.
Hiring rights are crucial to long term business success. At Springworks, we want to be at the forefront of helping businesses hire the right talent, and enable them to then perform at their best. We are building products which will solve major roadblocks for hiring teams and enable higher productivity, collaboration, and efficiency.
Background Verification is only one of many aspects which needs to improve. SpringVerify addresses it beautifully.
Creating authentic reputation based profiles is another, and we are solving it with SpringRole.
Unlocking the human potential
This is just the start.
We believe that human potential should not be wasted in managing the mundane. Processes which take up time and have longer learning curves are a waste of time.
We believe every process could be better, more efficient, and human-centric. And, we believe work could genuinely be fun — more creative — more of building — and less of managing.
We want to enable everyone to be more productive, work with amazing people, have fun doing what they love the most, and build things which matter.
You can expect us to build everything which will push the envelope towards a future envisioned by Kartik, and then some more.
In the process, we hope to deliver the future of work to everyone.
Doing background verification yourself is complicated and time-consuming. Try our employee background verification platform, Springverify – where employee verifications happen seamlessly and with minimal effort required from both the company.
SpringVerify is the modern take on the age-old problem of employee verification being costly, tedious, and out of reach of small businesses. We are trying to build a platform where the employee verification process happens seamlessly and with minimal effort required from both the company and the employee.
We believe that employee verification is a must for any business. It is a critical process in ensuring that every employee working with you is faithful and could be trusted. CareerBuilder survey shows that a company stands to lose on average $17000 on a wrong hire. Read more here.
We have built the platform with blockchain and believe that it will change virtually everything it comes in contact with. Blockchain helps us in building a decentralized system which keeps all our data secure and immutable. Read more here.
SpringRole is enabling everyone’s #VerifiedProfessionalProfile on the Blockchain. It is a decentralized attestation-based professional network platform powered by the blockchain.
SpringRole is the platform where people can view, share, and get attestations on their professional profile, thereby creating a verified resume that they can share and use. The organizations themselves verify a user’s educational qualifications and work experience, which is written directly to the blockchain. To assess a user’s skill set, SpringRole has a system of weighted endorsements that let users objectively look at people’s profiles and evaluate their skill level.
What is Blockchain technology?
Blockchain is a place to store information in a much more secured manner, impossible to hack. It is a ledger of transactions distributed across the network.
How does Blockchain affect recruitment?
With more automation, Blockchain makes the process more efficient and time-saving for both the recruiters and the candidates. Hence, with an enhanced candidate experience, Blockchain helps in an easier and faster hiring process.
Will Blockchain be the future?
The scope of Blockchain is seen to be growing a lot in future, and in different sectors like finance, data analysis, and more. It is definitely the future.
Why is blockchain a disruptive technology in Human Resource management?
Blockchain offers more accessibility and affordability to regulate HR tasks. These tasks are now much more convenient for HR professionals to carry out. It helps them focus on newer and more important tasks rather than manually focusing on one.
[Published July 4, 2019 Last Updated May 12, 2022]