The Most Important Aspects of Employee Verifications That You Shouldn't Ignore                                                                      

The process of confirming a person's past or current employment status is known as employment verification. It guarantees that the individual has the necessary experience to do the job properly. False claims, gaps in employment, or fabrication of job titles can all be discovered through employment verification.


Previous employers are contacted to corroborate a candidate's information, including job titles, tenure, and reasons for leaving / termination (if applicable). It's a crucial aspect of the pre-employment screening process because it exposes whether or not your prospects are trustworthy and a suitable fit for the job.


Employment verifications continue to provide considerable benefits to 84 % of firms.


The Importance of Verifying Employment


Candidates can commit resume fraud in a variety of ways while applying for jobs, including lying about their experience, licenses, or education, inflating duties or management experience, or omitting data like their reason for leaving a previous position. In order to protect your company from fraud, it is crucial that you verify the candidate's education and work history.


Highlights Of Employee Verifications:


According to a study, 1out of every 6 candidates lies on their resumes.


During the employment process, 72 % of businesses utilize social media to vet prospects.


According to a poll, 96% of employers do some form of background screening.


According to a poll, a bad hire or hiring someone with a fraudulent degree can cost an employer $17,000 on average.


Are You Unsure If Pre-Employment Screening Is Necessary At Your Company? Here Are A Few Things To Consider:


If employees having access to money, financial records, or sensitive databases turn out to be untrustworthy, they might cause major difficulties.


An organization may suffer not only the immediate consequences of any negative employee verification (such as theft or putting the company at risk of legal action), but also the long-term ripples that result from a disrupted work environment, costly lawsuits, workforce loss, and, ultimately, the effect on profits.


In The Past, Bad Hires Have Cost You A  Lot Of Money


We all make errors, and the majority of employers will make a bad hire at some point. Indeed, according to CareerBuilder, 75% of employers admit to hiring the incorrect individual for the job. These are avoidable errors that should not be made again. Pre-employment screening businesses have the knowledge and experience to help you avoid costly mistakes and enhance the efficiency of your hiring process.


You Should Be Aware Of The Following Employment Verification Data


The purpose of good employment verification is to make a company more successful. Here are some startling figures:


The most important reason to perform background checks is to prevent job fraud. 


At least one error or falsehood can be found in 53% of applications or resumes submitted to hiring managers.


According to the report, 14 % of businesses used part-time or full-time personnel to handle time tracking for their employees.


Here Are The Pros And Cons Of Employee Verifications

Pros

1. A more secure environment: When you know that the person you're hiring is innocent, you can rest assured that everyone is safe, including your entire company.

2. Liability for negligence: This section is that if an employer hires someone who poses a threat to other employees, the employer is responsible.

3. The method of verification: Regrettably, not everyone is truthful about their employment experience and education.

Cons

1. It is unjust: Just because someone made a mistake in the past does not indicate they haven't changed and aren't willing to help your company.

2. Exorbitant: This is conducting a comprehensive investigation and learning what a person is concealing can be extremely costly for them.

3. Potential blunders: You must ensure that you are vetting the correct individual when you verify someone else's background.

So, How Do You Check A Candidate's Previous Employment History?

The candidate's job history, educational qualifications, driving record, medical history, and criminal record are often included in an employment background check.

The background check must be communicated to the candidate in writing. This is a different document from the job application.

The candidate must consent to the background check in writing.

If a pre-employment screening is required for employment, the company must make this explicit in their written policy.

In Summary, Background Checks Help To Select The Best Candidate Is It True?


Numerous cases have occurred in which corporations have suffered financial and reputational harm as a result of their personnel. In many of these cases, the failure of employers to follow the process of getting to know their employees properly has been the issue.


Your consumers will not be served properly if you hire the wrong person. This type of employee behavior will reflect negatively on your company. We can help you solve these types of issues. Contact us to get our services.