Employment verification has the maximum discrepancy: Report

In acompetitive job market with shrinkingjobopportunities,candidates in large numbers have beenfoundtomisrepresentinformation in their applications to prospective employers. The background check discrepancy levels shot up from 10.29% in FY2016 to a whopping 15.21% in FY2017, an increase of 48% over the previous year, according to AuthBridge’s benchmark Annual Trends Report on Background Screening in India. In otherwords,nearlyoneoutofsix cases (candidates) background checked by AuthBridge was found to have an element of mismatchbetweeninformationsuppliedbythecandidateandactual, verified information.

Thereport,titled‘Background Screening in India: Trends and Insights 2017’ is fourth in aseries of benchmark annual trends reports.Ananalysisoverlakhsof checks and cases conducted by employers across India Inc., this report provides rich insights about discrepancy trends in hiringacrossindustries, states, genders and age groups.

This year’s figures indicate that as job candidates are increasingly more likely to misrepresent information to prospective employers, companies need to adopt comprehensive backgroundscreeningprograms to keep up the quality levels of their hiring.

AjayTrehan,Founder&CEO, AuthBridge said: “Increased competition and easy access to job related information, along with a dynamic job market has led to increased faking of information by candidates, demonstrating the need for Trust-OnDemandacrossindustries.Organisationsarerespondingtothese challenges by developing structured background verification programmestoensuretheyonly hire trusted candidates with the right fit.”

Somekeyfindingsofthereport includeemploymentverification witnessedthemaximumdiscrepancy followed by address verification, reference checkand education verification respectively.

Financial Services industry had the maximum discrepant cases with a rate of 24.99%, followed by Telecom. Discrepancy in the Internet/e-Commerce/ Dotcom industry decreased by 20% in FY 2017 when compared with FY 2016.

The analysis reveal that addressrecordsaremostmanipulated in this industry, which saw a sharp rise this year. The discrepancy was found to increase with age group in this industry.

Police verification, database check,IDcheckanddrugtestare a few checks which are high on risk, according to the report.