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Even as unemployment reached an eleven-year high figure that runs into millions, the economic downturn is leading to a financial crisis. Companies resort to budget cuts on many aspects including background verification, security, and labor to save on expenditure. These short cuts, however, do not lead to success as wrong hires
A resident of Ahmedabad was shocked when he suddenly received a phone call asking if he was the guarantor of a loan. When he verified the same at his bank, he found that someone had used his PAN number along with two years’ IT returns and changed the relevant information
What does it take to find a people a boss with exceptional leadership traits? It definitely takes a lot, much more than conducting a mere interview. An ideal leader should be a person who understands the importance of building great sincere teams ; having great organisational skills; possessing strong communications
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 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
India’s retail industry has grown considerably over the last decade. In fact, AT Kearney, a global management consulting firm in the U.S. has ranked the country as the 4th most attractive – among thirty other top markets – when it comes to retail investments. This welcome growth also comes with
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
An overview of due diligence Due diligence involves conducting thorough research or audit of an investment, firm or product. It basically involves the various steps involved in analyzing the details before entering into an agreement or before a financial transaction with other parties. Due diligence also comprises of the investigation that
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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.
