Web3 HR Platforms Show Superior Results in 2024
Web3 HR Platforms Show Superior Results in 2024
馃 HR Goes Crypto Native
Crypto-native hiring platforms demonstrated significant advantages for Web3 companies in 2024:
- Faster hiring processes through streamlined global access
- Improved employee retention rates compared to traditional platforms
- Efficient direct payments using cryptocurrency options
- Reduced administrative overhead and compliance complexity
Companies focusing on project outcomes over hours worked, while offering crypto payment options, reported the best results. The data suggests Web3-native HR solutions are becoming a competitive advantage for blockchain companies.
Key success factors:
- Global talent pool access
- Simplified hiring workflows
- Crypto/hybrid payment flexibility
馃 Web3 HR Wins Last year, #Web3 companies saw faster hiring and better retention when they used crypto-native platforms. Global access, direct payments, and less hassle made the difference. Hire smarter.
HR Red Flags in Web3: More Work, Same Pay
A concerning trend in Web3 employment practices has emerged where employers are increasing workload without corresponding compensation adjustments. - Common scenario: Companies offering additional responsibilities while maintaining current salary levels - This practice effectively reduces hourly compensation - Similar to traditional tech industry issues but particularly prevalent in Web3 *Key Warning Signs*: - Sudden responsibility increases without pay discussion - Vague promises of future compensation - Immediate start requests followed by communication gaps **Best Practices**: - Document all role changes - Request clear compensation terms - Establish communication expectations
Fair Pay Evolution in Web3
Web3 continues reshaping global compensation with significant developments in remote work infrastructure: - **Smart contracts** enable transparent, automated payment systems - **P2P crypto payments** eliminate traditional banking barriers - **Location-independent compensation** focuses on skill value rather than geography The shift from traditional payroll to blockchain-based systems allows for: - Real-time payments - Reduced administrative overhead - Enhanced payment security - Global talent access These tools mark a practical evolution in how organizations handle compensation, particularly for distributed teams. Early adopters report smoother operations and improved talent retention.
STON.fi and Chrono.tech Partnership: jTIME Token Listing
STON.fi has partnered with Chrono.tech, listing the jTIME token on its platform. jTIME represents $TIME on the TON blockchain. Key points: - $TIME is Chrono.tech's native token, powering their ecosystem including Time Farm - jTIME is now available for swapping on STON.fi - Users can access the swap feature at https://app.ston.fi/swap This collaboration expands the accessibility of Chrono.tech's token ecosystem, potentially benefiting users of both platforms.