HireVibes : Transforming the meaning of HR using the gift of blockchain technology

Introduction (part 1) : Get Hired, Earn More and Give Back

Let’s add another dimension to this provoking image: Imagine what 7 billion people could accomplish if we all started working together to achieve a common goal — like cleaning the environment and creating abundance for all that live on planet Earth.. Wouldn’t it be exciting to watch it happen or even better, participate?

HireVibes is a new decentralised social hiring platform that’s growing this vision, into a reality.

Using smart-contract blockchain technology, HireVibes will be able to efficiently and transparently operate as a decentralised community-run autonomous organisation (DAO). This will enable much lower hiring costs to employers and more earnings, benefits and security of information to jobseekers and referrers.

HireVibes will offer a higher quality and lower cost alternative to the centralised recruitment agency business model. And as you may have guessed by our brand, HireVibes will also be doing this in a unique and financially rewarding way for employer brands, the talent market and referrers alike — while also adding a sense of purpose and contribution to the work we all do, both on an individual and collective scale.

Business (sharing) model and 5% token reward breakdown

HireVibes will do the core work that a centralised recruitment agency / job board / freelance marketplace would normally do: by advertising and matching jobseekers with permanent, contract and freelance job opportunities worldwide based on their desired conditions.

HireVibes will incentivise the crowd to source the best candidates for job openings by enabling people to earn or share a 5% crypto token reward based on the salary or rate of the job in offer in HireVibe coins (HVC) — a blockchain utility token, for applying or referring candidates successfully to job openings (details tbc). Wage payments and contractor payroll will also be available in HVC or the native cryptocurrency that HireVibes is built on.

HVC tokens can be used for donating and voting within HireVibes DAO and we aim for these tokens to be tradable for other crypto tokens on popular exchanges.

It will be free to advertise jobs on HireVibes. Upon successful hires only, HireVibes will charge a small commission fee of (7.5%) to the hirer / employer based on the salary or rate of the job in question.

Upon receiving the payment a period of time after the new hire begins his/ her tenure, HireVibes will automatically distribute (5%) or (67% of the total 7.5% fee) back to the successful candidate and referrer, if there was one involved, using smart contract technology broken down as follows;

A) If the candidate applied directly to the job ad at the beginning of the process:

  • (4%) reward is sent to the placed candidate in cryptocurrency tokens (HVC)
  • (1%) donation fund is sent to the placed candidate for donating to Humanitarian and Environmental initiatives and eco-friendly projects of their choice using (HVC)

B) If the placed candidate was referred to the job ad at the beginning of the process:

  • (2%) reward is sent to the placed candidate in cryptocurrency tokens (HVC)
  • (2%) reward is sent to the referrer in cryptocurrency tokens (HVC)
  • (1%) donation fund is sent to the placed candidate for donating to Humanitarian and Environmental initiatives and eco-friendly projects of their choice using (HVC)

Unique Selling Points

1. By financially and ethically incentivising the crowd to source candidates (crowdsourcing) with a 5% financial and donation reward;

HireVibes DAO will generate a larger quantity and higher quality of direct and referred CV applications to open job vacancies. Thus; making it easier for hirers to make the right hires consistently in an efficient and cost-effective way, which also generates highly positive PR marketing for each employer brand.

2. This 5% token reward includes a fixed 1% donation fund for donating to Humanitarian and Environment projects of the new hire’s choice.

On average, this will roughly be a 500 euro sum generated per each new hire made through the HireVibes platform, which if it’s used right; is a lot of resources for supporting humanitarian and environmental projects.

One such option to donate to will be a not for profit organisation called WellsforZoe who can transparently construct a water well in Malawi, East Africa using local labour for 250 euros. One well provides clean drinking water to 300+ people for life.

So, imagine every time someone finds a new job or helps a friend to find a new job, each successful candidate also generate on average a 500 euros donation fund as a spin-off effect of finding a new job, which can be used to provide 600 people in need with water for life!

HireVibes will grow a team of HV Recruitment Facilitators to drive more jobs and candidates to the HireVibes platform. With a target KPI of 5 hires per month being very possible as outlined in our whitepaper, each HV Recruitment Facilitator would help generate 2.5k per month in donations to qualified (transparent) charities. Using the wellsforzoe model explained above, this would help bring water to 3,000 people in need per month or 36,000 people per year.

With a team of 100 HV Recruiters hitting their KPI’s; this would help guarantee access to clean drinking water to 3.6 million people for life and per year!

The potential for positive impact is vast and unlimited. Building two water wells is an amazing contribution to a bigger cause that anyone will be able to make by finding a new job or a new hire through HireVibes.

Conclusion — to be continued

HireVibes creates positive experiences for everyone involved in the hiring process; the new hires, referrers and the Employer Brands in question, while also generating resources for eco-driven projects and qualified (transparent) charities per each hire made through HireVibes DAO.

Humanity has the skills, energy and capacity needed to create a harmonic and abundant world in which everyone thrives. HireVibes is a project aiming to help us use our collective energy and creator capacity in a way that generates positive vibrations for ourselves and the environment; frequently.

As the man known as Nikola Tesla once said;

‘’To understand the keys to the universe, think in terms of energy, frequency and vibration‘’

Thank you!

I would like to give a huge shout out and thank you to our team and everyone who helped HireVibes get to this stage! However, it’s only the beginning of a very exciting journey ahead and we want everyone to get involved.

There will be a capped donation-based token generation event and bounty campaign coming up in the near future (details tbc).

Stay tuned for updates by following us @HireVibes on Twitter and by signing up to our newsletter on http://www.hirevibes.org/

If you would like to contribute to HireVibes whitepaper below is a link to our Github page, code will be available soon. All contributions are warmly welcomed.

Git: https://github.com/hirevibes