Do you consistently find yourself evaluating resumes that contain exaggerated or falsified information? Are you constantly feeling that your job candidates are claiming erroneous education credentials, inflated salary information and/or exaggerated job titles? Have you become skeptical about most of the information that is in your candidates’ resumes?
As a hiring manager, you do not want to find yourself having to fire an underqualified employee who has duped your organization. Or even worse, you do not want to have to contend with a more threatening situation that has been triggered by a deleterious employee. These types of situations can become a drain on your organization’s resources, manpower and budget.
2012 research from the Society of Human Resource Managers (SHRM), Accu-Screen Inc. and ADP found “53 percent of job applicants commit some form of resume fraud.” The study also showed that 31 percent of people confessed to lying on their resumes.
That same year, the SHRM also surmised “job seekers who had committed deviant acts in the past were more likely to have fraudulent resumes.” The organization found that a correlation does exist between the type of people who lied on their resumes and their unscrupulous backgrounds.
The SHRM’s research reaffirmed certain common assumptions about the cause-and-effect relationship of the hiring process. By unknowingly hiring candidates who deceitfully provide false resumes, you will increase your odds of bringing nefarious people into your organization. The financial consequences can be devastating.
In 2002, the Association of Certified Fraud Examiners (ACFE) reported employers lose about $600 billion a year, or about $4,500 per employee, due to occupational fraud and abuse. Within their study, ACFE assigned each of the 663 occupational fraud cases that they examined into one of three categories — asset misappropriations, corruption, or fraudulent statements. ACFE designated falsified “employment credentials” under the “non-financial fraudulent statements” category of their study. It accounted for a large share of annual losses to employers.
Hence, you need to be aware of the potential financial costs associated with accidentally hiring and training someone with a fraudulent resume.
You can reduce your chances of running into these arduous problems by digging deeper into your candidates’ backgrounds. You need to properly and thoroughly verify the employment credentials of all of your candidates. Lots of HR managers try delegating verifications to their in-house staff. However, they often end up finding the process to be a lot more time-consuming and laborious than they originally anticipated.
In most cases, HR departments do not possess the in-house expertise required to efficiently navigate through the typical challenges of the verifications process. All too often, employers end up realizing they need the assistance of outside experts to implement and operate an employment screening program.
So how do you know who to outsource your verifications to? Many organizations have chosen to work with an outside verification solutions provider, and this is a good start, but this often brings inconvenience and exorbitant costs. There are certain key attributes you want to look for in a verification solutions provider. You need a provider that offers an efficient and cost-effective solution for verifying your candidates’ employment histories, educational backgrounds and professional credentials.
Luckily, HRemp’s team of background screening experts and software engineers have worked on this problem and created a new type of efficient verification services. Our customized reports will allow you to easily assess your candidates’ qualifications and identify inconsistencies on their applications. You will not have to expend a lot of effort trying to interpret confusing data. We will equip you with the accurate information that you need to select the best candidate for any of your open positions.
You will quickly realize the benefits of HRemp’s user-friendly reports, and witness your hiring process become much quicker and more precise. Unlike some other more challenging and complicated verification solutions, our efficient verification services will save you valuable time. And we will empower you to make the right hiring decisions based on accurate information about your candidates’ records of employment, education and professional references.
Provide yourself some further confidence going into every hiring decision by using HRemp’s verification solutions. You will feel that much more secure knowing that you have the accurate intelligence needed to choose the best candidate for your job opening.
Disclaimer Statement: All information presented is for information purposes only and is not intended to provide professional or legal advice regarding actions to take in any situation.