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The next big use of blockchain.

Happy Friday! As you wrap up your week, crank up the holiday tunes and cruise into the weekend with good vibes all around.

In today’s edition:

The internet of career

Book club

Buyer’s remorse

—Adam DeRose, Mikaela Cohen, Brianna Monsanto

TECH

3 human avatars surrounded by chain links denoting blockchain in HR

Amelia Kinsinger

Due diligence is a complex and time consuming process involved in talent acquisition (TA). It takes a lot of leg work: tracking down documentation for education and learning credentials, ensuring licensures are valid and up to date, verifying employment history.

Imagine a world where a candidate or employee always had their relevant credentials verified and in their possession, as if they were on a state-issued ID in a wallet. Dror Gurevich imagines that world every day, and he’s working to build it, wallet and all.

Gurevich has been an HR tech entrepreneur for more than two decades. He’s worked to help lead HR transformation projects with LVMH, Lorell, and BMW, as well as telecom and financial companies, among others. “System integrators are like…the electricians of the tech stack, underlying the global labor market,” he said. “We are left to wire everything together to create a streamlined flow of data from one side to the other.”

But Gurevich is now eyeing a project that could alter the way we hire, credential, and manage employee data, by building out a global digital utility known as the Velocity Network, on which individuals can claim and own their verifiable career data and manage who they share it with, dubbed “the Internet of Career.”

Keep reading here.—AD

Presented By Workday

HR STRATEGY

Reading a book

Emily Parsons

HR pros have had a rough go of it this year.

Whether they’ve been impacted by layoffs or burnout, Mary Olson-Menzel, founder and CEO of executive coaching firm MVP, offers advice for finding career inspiration in her book, What Lights You Up? Illuminate Your Path and Take the Next Big Step in Your Career.

While many people pros offer great guidance to their employees, she told HR Brew that her book serves as a handbook for how they can help themselves, too.

This interview has been edited for length and clarity.

What do you want HR pros to learn from your book?

If a recruiter picked up a book, there would be all kinds of tips and tricks for them to advise their candidates on. If an in-house HR person picked up the book, there would be all kinds of different things that they could get help with in successful onboarding, and behavioral interview questions, and also activities and exercises for them to help their leadership thrive. And, then if an outplacement person picked up the book, they basically have a user manual to give to their clients.

Keep reading here.—MC

TECH

Will Ferrell saying "I immediately regret this decision."

Anchorman via DreamWorks Pictures

More than half of businesses worldwide say they experienced the same feeling some people get after buying a timeshare following the purchase of a piece of software in the past year: regret.

According to a recent Capterra report, 59% of businesses said they regretted at least one software purchase in the 18 months. The findings were based on a survey that queried more than 3,500 businesses across nine countries.

Security, IT, and software development-related programs had the highest reported purchase regret (38%), followed by marketing and communications (31%) and human resources-related software (28%).

When reflecting on the purchase they had second thoughts on, 49% of businesses say that the bad buy caused their business to have increased costs. Another 42% say that the regret purchase caused their organization to have security vulnerabilities and reduced productivity.

Keep reading on IT Brew.—BM

Together With Zendesk

WORK PERKS

A desktop computer plugged into a green couch.

Francis Scialabba

Today’s top HR reads.

Stat: More than half (55%) of white employees report being “extremely or very satisfied” with their jobs; just 44%, 43%, and 42% of Hispanic, Black, and Asian workers say the same. (Pew Research Center)

Quote: “As it stands, the modern workplace simply wasn’t built with women in mind, and it’s time for that to change.”—Melinda French Gates, on why she’s donating $150 million to nonprofits that help women in the workplace (Axios)

Read: This Virginia-based nonprofit offers uniformed workers nature-based therapy. (Suffolk News-Herald)

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