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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
Recruiting and retaining talent is a major challenge in the competitive world of today for HR professionals. A study conducted by Kronos and Future Workplace found 87% of global employers were concerned about retaining talent at the workplace. The scenario is not much different in India where attrition rates in
Senior executives transition to strategy development from operational levels. These leaders are responsible for providing direction by defining the mission and vision of the organisation. Besides, they are also expected to be accountable for financial growth, team coordination, employee engagement and brand image. Senior executives are also involved in building
Drug abuse has been a major concern across the world. In India, the drug epidemic has been serious enough for the government to authorise a nation-wide survey to understand the extent of drug abuse. While Punjab has been on the top of the list, the drug epidemic has also hit
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