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AuthRight |
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A monthly e-newsletter on Background Screening brought to you by AuthBridge Research Services Pvt. Ltd, India |
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VOLUME I, ISSUE 2 |
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JANUARY 2006 |
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L E A D S T O R Y Background Screening & Employers
Employers are increasingly turning to background screenings of job applicants as concerns about identity thefts, information leaks, financial scams and criminal activities are rising. With estimates of up to 40% resumes containing false or tweaked information, employers want to insure that what they are getting in an employee is what they were promised.
Employers in the past have conducted checks internally or used services of private detective firms for a background check before hiring key individuals. With the rising incidence of falsification at the recruitment stage, most companies are now settling down to a tried and tested route of going to pre-employment screening specialists.
Background checks confirm candidate actually did graduate from the mentioned college or worked at the previous mentioned employer at the stated designation during the stated time on resume or job application. The trend of providing convenient references to elicit a favorable feedback is rampant. Verification companies ensure employer and professional references are genuine and not friends and colleagues.
Background screening benefits employers and employees alike. For employers, screening saves the time and money wasted in recruiting, hiring and training the wrong candidates and eliminates potential difficulties in the work force.
For applicants, the advantages of working for a company that requires screening is that efforts have been made to ensure that co-workers have the qualifications and credentials they say they have. In addition, employers typically screen for criminal records, especially those involving violence or dishonesty.
Of course, a background screening is not a full-fledged FBI-type investigation. Screening companies typically look for red flags indicating gaps, potential problems or resumes that are not factual or omit important information.
I N T H E N E W S - N A T I O N A L Security details charted out for BPO employees Source: Statesman News Service, New Delhi January 1, 2005
The shaken BPO industry after the rape-murder case in Bangalore has accepted various proposals suggested by Delhi and Gurgaon police. Pre-employment screening of all third-party service providers, including drivers is among the agreed measures to be immediately taken up. In a virtual overhaul of security infrastructure for BPO employees, the industry leaders in association with CII, CCAI, Delhi and Gurgaon police and private security agencies have worked out a detailed action-plan to make security full-poof. I N T H E N E W S - I N T ER N A T I O N A L Global Screening With companies expanding into newer pastures, and applying global policies the demand for background screening is on the rise. But the process of screening backgrounds presents unique challenges in countries like China, India and most of Asia. Each person born in India has two dates of birth-one biological and one when the birth is officially recorded. There are 27 different ways to spell the name Muhammad. Doing a criminal background check in India and much of Asia almost always requires visits to individual police stations India, the third largest English-speaking country in the world, offers unique challenges with about 100,000 students graduate each year from a single university. And to check educational credentials employers need to supply the schools with the seat and roll number of their job candidates. Though things may get easier with India considering adopting a national identification system, such as the use of biometrics or an alphanumeric designation like the Social Security number as used in the United States. Another trend that may help employers is the process adopted by the United Arab Emirates and New Zealand, for example, where background screening is tied into the process for work visas. |
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FROM OUR PRESIDENT's DESK With employee theft causing failure of 30% of small businesses and costing companies more than $400 billion dollars annually, the call for companies to background check new & old employees is growing louder. Internal employee related thefts occur 15 times greater than external theft.
No sector of industry is immune to the dangers of unsafe hiring and internal employee frauds. A cursory look at statistics is startling.
Statistics show 1 in 7 applicants submitted for screening by dealerships in the Automotive Industry turned up criminal records. 33% of employees admit to stealing from their workplace in the financial sector. Studies demonstrate that up to 40% of applicants resumes are falsified in Food Industry. In healthcare, employee theft robs owners of $20-$40 billion annually, with 75% of crimes going unnoticed.
The hospitality industry statistics demonstrate that up to 40% of employment applications are falsified and background screening has been correlated with a 10% decrease in employee turnover. Employee theft is the cause of 46% of retail industry loss.
Statistics reveal India is going the US way with nearly 20% call centre applicants exaggerating percentages obtained, professionals in IT, Finance and diverse sectors exaggerating designations and projects handled.
The trend of providing convenient references (friends) to elicit a favourable feedback was noticed to be particularly high in the case of chartered accountants and professionals with a degree in Master of Computer Applications.
Research reveals candidates from tier-II cities tend to provide incorrect information more often and that universities and colleges in the eastern India provide the maximum number of forged degrees and certifications.
As awareness and the need for background screening intensify, better screening procedures and reliability of screening reports will ensure verity. Ajay Trehan In the course of our background checks, our operations team encountered some alarming cases of resume inaccuracies.
• An insurance trainer of repute with a major insurance company was proven to sexual impropriety. • A senior executive's professional verification stated him to be low on sincerity, questionable on integrity and below par on performance. • An applicant's professional verification found him flamboyant, autocratic and making big claims hitherto unachieved . |
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A B O U T A U T H B R I D G E AuthBridge, India is an upcoming, professional pre-employment background screening firm, headquartered in Gurgaon, India's services hub situated next to New Delhi. With nearly 25% resumes carrying false or inaccurate data, ensuring safe recruitment processes is undeniably high on the priority list. Companies, healthcare establishments, educational institutions all need to guard against the chances of a inapt recruitment. Background Screening is conducted for freshers, for experienced recruits, for Staff & Administration of Educational Institutions, for Healthcare Staff & Administration among others. |
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This newsletter is brought |
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Information provided on this newsletter has been independently obtained from sources believed to be reliable. However such information may include inaccuracies errors or omissions. AuthBridge shall have no liability to you or third parties for the accuracy. Completeness, timeliness or correct sequencing of information available on this newsletter or for any decision made or action taken by you in reliance upon such information or for the delay or interruption of such information. AuthBridge shall have no liability for investment decisions or other actions taken or made by you based on the information provided on this newsletter. |
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© Copyright AuthBridge Research Services Pvt. Ltd. All rights reserved. |
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