Hiring an employee is no more restricted to just a one to one interaction of the interviewer and the interviewee on either side of the table where adjudicator analyses the job seeker and simultaneously have a thorough look at the resume. Today the process exceeds a step further where background checks are brought in the loop before a candidate is hired. This article comprises nuts and bolts as in why such verifications are important for the employers.
Organization's surreal environment at times may put extra pressure on existing employee to combat the competition and meet the targets. Companies do practice the tradition of expanding the workforce in order to add value to the profession and accomplish the set target. Filling the void in the hierarchical structure is all on mind and out of haste companies go on choosing a misfit for their internal team, leaving the organization suffer badly in the long run and staking its high held reputation. Pressure of hiring candidates to comply with the benchmarks may cost extra to companies at times. This scenario reflects a situation of corporates who go on hiring candidates without performing necessary background verifications of the job seeker.
Candidates are hired at times thinking of them to be the asset of the organization but realties goes way far bitter. A wrong fit gives itch and it truly holds true in the case of non-credible employee.
Background Checks: Need of an Hour for the organizations
Hiring involves lot of cost, time and effort of the organization and hence a wrong selection can leave a bitter taste, spoiling the work culture. To safeguard the internal environment of the organization, it becomes necessary for the recruiters to do necessary checks before a job seeker is hired. Fraudulent resume cases are surging each day and recruiters are highly encountering troubles pertaining to the resume of the employees. Wrong information being incorporated in the resume is a common practice of the job seekers these days.
Deceptive data about the previous employment, salary packages and misleading facts on the resume is the reason of trouble for the employers. To avoid such instances it is essential that organizations carry necessary verifications. Many online job portals facilitate this service where the employer can conduct a background verification of the employee to draw accurate information.
Effects of Verifications
Recent reports have shown a rising trend in the curriculum vitae embellishments and discrepancies and almost 48% of the organizations having less than 100 staff have experienced problems with vetted employees.
It is researched that younger population having low experience incorporates more discrepancies in the resume, concealing the authentic details. A candidate under 20 years is 26% more likely to have wrong information than a resume of 50-51 year old applicant. Graduates have few discrepancies in comparison to non-graduates. Women applicants resume tends to show less percentage of discrepancies in comparison to men candidates.
How shall companies proceed with background check?
The employers shall obtain certain information pertaining to the employee which involves-
Credit reports, under the Fair Credit Reporting norms, employer shall seek written consent of the employee before drawing employee's credit report. Credit report incorporates data where the employee lives, whether the employees pay the bills timely or not, has he filed bankruptcy ever or not. This information is procured by employers from credit reporting companies who sell employees profile and is later used by the organizations.
The credit reporting companies also sell the information to insurers and renters which are used for future verifications.
Verifications help the organization to filter the wrong information incorporated by the candidate in the resume. This assists corporates to draw a clear picture of the applicant and they can proceed with the necessary decision as deemed fit.
Author bio: Rashmi is a professional blogger and content writer. She regularly contributes her ideas about job search tips and how to write resume and about Background verification.