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Did you know that organisations in today’s world face higher risk due to employee frauds than external fraud factors? According to the ACFE 2016 Report to the Nations, Typical Organisation Loses 5% of annual revenues to Fraud. While countries are making move to fight the black (money), you should ensure
Address of a person is probably the only antecedent that can easily be faked. The employer may or may not consider it to be important while verifying other aspects of the candidate. But today, fake addresses are increasingly being used to hide past criminal patches. 15% of candidates were found
‘Two senior staff members of HSBC Saudi Arabia were found out to be hired with unaccredited degrees’, a Channel 4 News investigation finds out. This revelation is simply shocking! A candidate should be questioned on the validity of his degree and credentials . The brunt of unaccredited degrees is such
Background screening has become a standard process across the globe which has emerged as an effective tool to curb the risk of wrong hiring. Influenced with the benefits, employee background check has got to offer, more and more companies have joined the bandwagon. Employee background check offers a wide scope
“The moment I looked at the certificate, I knew it was fake. The signature of the then registrar (evaluation) looked doubtful. I’ve been with the varsity for 30 years and know what the signatures of ex-registrars look like. Moreover, the certificate read ‘University of Bangalore’ at the top, though it’s
Background verification is a crucial process for any organisation regardless of the industry they belong to. You should not blindly trust whatever information an applicant has provided in their resume. If it turns out he/she had provided incorrect information at that time, it could create unnecessary problems for the business.
A reference check should be more than just a formality during the hiring process. The extra step to verify a candidate’s credentials could prove invaluable to a company. An Employee reference check will also help the organisation to validate if the information presented by the candidate is true and does
With the expansion of new growth sectors, companies seem to be on a hiring spree. The idea essentially is to boost growth and employment in the country. Increased hiring introduces increased responsibility to keep stringent background screening processes in place. Unfortunately, the HR department of most companies do not have
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The most noteworthy aspects of our collaboration has been the ability to seamlessly onboard partners from all corners of India, for which our TAT has been reduced from multiple weeks to a few hours now.
