4th Pillar: The solution of HR problems using blockchain technology

in #cryptocurrency7 years ago

A successful company is supported by employees who have the best quality so that the activities in the company can run well too. Therefore, HR people are required to manage and ensure the quality of their employees' performance is maintained. The problem is not a few employees who feel the performance management in a company is not running well. What are the problems in HR and how does 4th Pillar handle them?

Salary and information transparency

It cannot be denied that the HR division plays an important role in the success or success of a company. This division is arguably responsible for the wellbeing of employees in the workplace. The well-being of good employees will certainly have a positive impact on their daily productivity in the company. One important element in determining workers' welfare level is salary.

Traditional companies often deduct the salaries of their workers to be allocated to insurance etc., in addition to providing incentives in the form of job benefits. The problem is a non-transparent salary calculation mechanism. the poet is given details about the salary and allowances, but the company never publishes the salary calculation mechanism that matches the performance of each employee.

4th Pillar gives a new way of giving salary. Individuals will be paid according to existing information. 4th Pillar will perform a series of the automatic verification process to know the accuracy of data/information of each user. This method will provide a fair salary calculation and in accordance with the contribution of each individual to a company. The salary calculation will also be displayed in a transparent manner so that both companies and individuals can begin to cooperate well.

Through blockchain technology, employees and companies will both benefit from the digital paycheck (cryptocurrency) system. Employees will get a salary in accordance with their performance and company does not need to pay extra costs such as transfer fees etc. Make it easy for companies to hire employees that fit their financial ability and vice versa, individuals will also have the opportunity to be employed by a company that is able to pay what it can do.

Performance Management

A successful company is supported by employees who have the best quality so that the activities in the company can run well too. Therefore, HR people are required to manage and ensure the quality of their employees' performance is maintained. The problem is, not a few employees who feel the performance management in a company is not running well.

Once again, 4th Pillar has a system that can measure employee performance and adjust to the salary to be earned. Employees will compete in a healthy manner and the company will not find a sycophant. In traditional firms, disputes between employees often occur because of the injustices committed by the company to employees; especially regarding performance and salary. Traditional companies often pay the same salaries to employees with different work ethics (discrimination). 4th Pillar will eliminate the discrimination factor and make the work environment fair for all.

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