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1 in every 6 candidates were found to lie on their resume in 2017, according to AuthBridge’s Benchmark study. Background Verification data analysis reported Resume Frauds to rise by 48% compared to 2016. Thanks to the readily available job information across job portals and accepted increased attrition and frequent switching
Businesses today operate in a collaborative mode and third-party vendors are a necessary part of this collaboration. Conducting vendor due diligence is critical to strengthen trust and mitigate risks. Vendor due diligence helps businesses join hands with reliable and competent agencies while ensuring compliance with legal or regulatory mandates. Vendors –
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
The #MeToo movement has hit the headlines in recent times. Though many high-profile cases came out from the media and news industry, sexual harassment has a long history and is a serious concern worldwide. According to the US Equal Employment Opportunity Commission (EEOC), 75% of workplace sexual harassment incidents are not
Fake education certificates are more prevalent than most people realise. Given the immense competition for employment in India, it is not uncommon for many students fudging or faking their education certificates and marksheets. As wrong and illegal it may be, the ground reality is clear from the amount of scandals
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
Financial frauds grabbed headlines recently across India with the losses suffered by public sector banks reportedly going up to Rs. 2500 crores. The Reserve Bank of India released data that showed employees were involved in all of these financial scams. Employees, both former and current, are the major fraud perpetrators
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
With the number of frauds increasing year by year, a thorough background verification is imperative for employers. You must check to see if every bit of information provided by applicants is correct as this is the only way you can ensure the safety and security of your company itself and
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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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.
