Reputation level of an employee allows accessing varieties of jobs that he can apply on the platform. Reputation level of an employer permits access to various talent pools available over the platform. Reputation of an employee/employer is rated over considering four aspects each of 25 points, totalling it to 100 maximum points
1. Identity Verification -25 Points
1.1 KYC Verification - 5 Points
KYC (Know your customer) is mandatory for any user to utilise Freela platform. The
Platform allocates 5 points on KYC (Know your customer) - a user earns it by
registering their identity proof’s (driving licence, passport, etc.,) on Freela platform.
1.2 Real life certifications – 10 Points
By uploading their real life certifications like graduation, masters etc., in their
respective fields, the users can get an add-on up to 10 points on reputation scale.
1.3 Online certifications – 5 Points
If a user uploads any online certifications from platforms like Udemy, Coursera, they
will be given an add-on up to 5 points on reputation scale.
1.4 Proficiency Exams – 5 Points
Freela platform is partnering up with multi-billion dollar companies like AON, and
leverages those relations with companies to conduct AI based tests to check the
proficiency in the specified fields of Employees and the user gets an add-on up to 5
points on reputation scale which also provides better opportunities for the user.
2. Weighted Average Rating System – 25 Points
Employee and Employer can be rated only after completion of the contract hence no
unreliable ratings are given to the employee and employer. The reputation of an employer or
an employee rating is going to influence/affect the rating given.
Example: Employee Rated by Employer
|Weighted Average Rating
Weighted Average Rating = (5*5 + 2*1) / (5+2) = 3.85
If the employee is rated by the average rating system then they get a rating of 3 points whereas, in the weighted average rating system, the rating is 3.85 because the rating given by the higher tier company is more valued than the rating given by the lower tier company.
Example: Employer Rated by Employee
|Weighted Average Rating
Weighted Average Rating = (5*1+1*5) / (5+1) = 1.7
If the employer is rated by the average rating system then they get a rating of 3 points
whereas, in the weighted average rating system, the rating is 1.7 because the rating given by
the higher tier employee is more valued than the rating given by the lower tier employee.
3. Arbitration Rating- 25 Points
Freela platform provides 25 points of arbitration rating on the reputation scale of every user to begin with. When an employee or an employer goes for an arbitration, then the arbitration rating goes on decreasing. Involvement of an arbitrator reduces the rating score of an employee. Freela Platform strives for conflict free contracts and
encourages not having any arbitrations and using the platform for completely free.
4. Tokens Staked - 25 Points
As with any country and token economics, when people/users earn and save what they have earned,
they indirectly help the respective economy/currency by affecting the supply-demand equations of its
currency. So when users stake their tokens on the Freela platform in various available staking pools,
they are contributing to the Freela economy and Freela token value and in return the platform provides
them with some reputation that can be pivotal in their success.
Number of tokens needed to be staked to earn 5, 10, 15, 20 or 25 pts from this section
will be decided by the DAO as required