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Hiring for a position? Are you conducting a credit check on your candidates? If you have not given time to these questions yet, then it’s time you do. A credit check is valuable to employers for seeking added insight into a prospective employee. It reveals information about a person and
Pressure of hiring excessive workers within a short period of time may open doors for resume fraud and manipulation. The revelation of CV fraud cases highlights the importance of conducting background screening to ensure applicants’ credentials are actually in line with the words on a resume or CV. The most
In April 2018, an instance of a senior employee of an e-commerce company committing fraud made headlines. The accused entered into a fraudulent agreement with one of the suppliers. Substandard products supplied by the vendor were priced on par with genuine products. The company had to file a police complaint
A Gallup study highlights the fact that 87 percent of employees across the globe, including leaders, are not engaged at work. Disengagement at any level can cost companies up to $96 billion in terms of lost productivity annually. Senior leaders are responsible for mobilizing teams and boosting engagement at junior
For every organisation today, hiring is a gamble. With the number of frauds increasing year by year, you never really know who you are welcoming into your organisation. Regardless of the position, the risk is the same. This means that even for leadership positions, it is necessary to conduct exhaustive executive screening.
With the outgrowing speed of technology boom in India, efficient hiring is the biggest trigger for ‘instant’ background verification today! Every industry sector is experiencing shortage of talent and trust in the way hiring is being done. With the overall discrepancy level significantly rising from 10.29% to 15.21%, a great
While it is important for businesses to know their employees, it is equally important that they know their customers and/or clients. That is why KYC, which stands for Know Your Customer is a critical component for any organisation. It is a process that helps to identify and verify that customers
While it is important for businesses to know their employees, it is equally important that they know their customers and/or clients. That is why KYC, which stands for Know Your Customer is a critical component for any organisation. It is a process that helps to identify and verify that customers
The importance of address details and their role in identity theft Today, due to the increased digitization of personal information, identity thefts and frauds are on the rise. Increased counts of identity thefts are causing concerns while hiring suitable candidates. Address detail is an important personal information of any individual
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
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