Employment Verification Service Crucial Role in 2022
The process of confirming a person’s past or present employment status is known as employment verification service.
It guarantees that the individual has the necessary experience to do the job successfully. Verifying employment can also show false work titles, wrong claims, and employment gaps.
The corporation makes contact with former employers to verify a candidate’s information, including job titles, tenure, and termination/leaving reasons . Employment verification service determines whether your prospects are reliable and a suitable fit for the position, making it a crucial step in the pre-employment screening process.
Employment Verification Service Most Important Function
Candidate resume fraud can take various forms, including wrong duties or management experience, lying about experience, licenses, or education, or even missing information like the reason a candidate left a previous position.
Employment verification service is credentials and work history is the only foolproof way to safeguard your company against fraud. Are you unsure whether your company needs to adopt pre-employment screening? Here are a few elements:
1. People in positions of trust that you hire
If they prove to be unreliable, employees who have access to money, financial records, or sensitive databases could result in serious issues.
2. You’ve been hurt by poor employees in the past.
Everybody makes errors, and most employers eventually hire someone they later regret.
In fact, 75% of employers claimed to have made a bad hiring decision, according to payrollbangladesh.
3. Your staff turnover rate is high.
If you see that staff are arriving and departing far too frequently, think about hiring a professional firm to guide you in making the best choice the first time.
4. Finding reliable applicant data can be difficult.
Employment verification service is recommended to let a background screening business handle this process since it can be time-consuming for employers to verify the events and places indicated on a CV.
Statistics about Employment Verification Service That You Should Know
A successful firm is the sole aim of good employment verification service. Here are some surprising facts:
The primary goal of background checks is to prevent employment fraud. Employers continue to gain significantly from employment verifications in 84 percent of cases. 53 percent of the applications or resumes that applicants provide to hiring managers are inaccurate or false in some way.
According to a bad hire or the use of a fake degree can cost a company $17,000 on average.
According to an AuthBridge survey, one in six job seekers fabricate information on their resumes. Employers evaluate applicants using social media during the recruiting process 72% of the time. 96% of the employers surveyed in a survey use some form of background checking of employment verification service.
How Can I Check a Candidate’s Employment History?
Candidate resume fraud can take various forms, including wrong duties or management experience, lying about experience, licenses, or education, or even missing information like the reason a candidate left a previous position.
The Challenge Then Becomes, How Can You Confirm a Candidate’s Prior Employment?
An employment verification service includes the candidate’s employment history, educational background, driving history, health history, and criminal record.
- The candidate must disclose the background check in writing.
- The employment application is not the same as this document.
- The candidate must give written permission for the background investigation.
- The employee has the right to be informed when a check in
Employers can get information about a candidate’s skills, flaws, and overall performance by speaking with their previous managers.
Conclusion
The problem in many of these instances has been that employers don’t adhere to the process of properly getting to know their employees. In a perfect world, employment verification service could be normal to rely completely on a candidate’s resume and take them at their word.
