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'Significant' decline in job background check discrepancy

There has been a four percentage point decline in the overall level of case discrepancies in information shared by candidates looking for employment over the past three fiscal years, says a report. According to AuthBridges benchmark Annual Trends Report on Background Screening in India, the overall level of discrepancies in information shared by candidates has come down to 10.29 per cent in 2015-16, from 14.13 per cent in 2013-14. The data for the report were collated from checks conducted by AuthBridge in the past three fiscal years: 2013-14 to 2015-16. "In our effort towards enabling trust in relationships and improving the quality of hires, we are now seeing a significant decline in the overall discrepancy levels in information shared by candidates," AuthBridge founder and CEO Ajay Trehan said. He further noted that technology is driving background screening delivery and analysis leveraging multiple sources and techniques and is profoundly changing the way relationships and alliances are created. The report looks at discrepancies with respect to four major areas -- employment, education, reference and address. Employment check has the highest discrepancy (10.06 per cent). Sector-wise, the banking and financial services sector showed most mismatches in the cases analysed in 2015-16. Discrepancy in the Internet/e-commerce/dotcom industry went up by about 60 per cent in 2015-16 compared with 2014-15 to 14.75 per cent. The report said tenure and designation/salary are the most manipulated data by candidates while sharing their employment details while fake documents and university/courses are the two major reasons for education anomalies. Source: Economictimes,Business Standard,The Indian Express,