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A company is only as good as its employees. Bad hires can cost companies significantly in terms of finance and reputation. Hiring the right people is crucial for business success. Role of talent acquisition in effective hiring Businesses need to give top priority to talent acquisition as hiring the
Background verification is a crucial procedure in the hiring process of many companies; police background verification is one of the most important aspects that should never be overlooked. It is the responsibility of any company to make sure that they create a safe and secure work environment for all their
When making a financial investment, whether it be in real estate or a company’s stocks, you need to know that it is a good investment. Investment due diligence is the process of investigating the potential investment risk and security before investing. Both, companies looking to acquire other companies and individuals
Ever thought of hiring a parking lot personnel with a history of car thefts? How about consulting a doctor who does not have the required statutory licenses to perform a particularly risky surgery? There was a controversy some years back at Fortis Hospital where there was a death of a
An increasing number of frauds committed by a company’s own employees have led to the need for more stringent background verification. How employees have defrauded their companies In June 2017, 53-year-old Susan Rue pleaded guilty to defrauding her former employers Procter and Gamble of $500,000. In her fourteen years with
Criminal records check is part of the comprehensive background verification conducted prior to the hiring of a candidate. It reveals the criminal history, if any, of the candidate by checking various records available in the public domain. According to SHRM (Society for Human Resource Management), 69% of organizations conduct criminal
With instances of identity thefts becoming commonplace, it has increasingly become important for businesses to perform identity verification on all their customers. This includes demanding valid identity proof as well as address proof. In a country like India, where just 10 percent of the population has valid credit scores, it is a necessary
Form 16 Background Verification is an important step for any business in the hiring process for a new employee. It can help companies verify that the information the candidate has provided regarding his or her previous compensation is true since it clearly contains every salary transaction, including tax deductions. Therefore,
Background verification is a necessary element of recruitment. 1 in every 6 candidates were found to lie on their resume in 2017. According to another survey by CareerBuilder, more than half of the 2500 managers interviewed said they had caught the lies in their prospective employees’ resumes. While most commonly
Tech-enabled background checks are transforming the way hiring and on-boarding is performed across industries. HR is increasingly adopting HR Technology to lead business growth needs across organisations. New-age products & screening services ride on an array of capabilities assimilated from various services providers. Powered by technology, all these platforms leverage digital APIs to
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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.
