In this competitive business landscape, it becomes quite difficult for a candidate to get the desired job profile. It goes without saying that candidates do some modifications to get the job in a reputed company. Everyone has a dream to work in a multi-national corporation. After all, we all aspire to grow our career graph, right from salary hike to designation promotion. In this regard, some job aspirants choose the right way or some inclined to wrong path. Here companies need to be careful as a massive number of employees apply for different position and it becomes strenuous task to identify the genuine candidate.
In such scenarios, employment verification is essential to sort out those profiles who are not legal and have dubious records. For this, companies nowadays choose data verification services to conduct a comprehensive verification of the data furnished by candidates. Conventionally, companies were reluctant to get their business data verified and validated. Organisations of late have realised that outsourcing third party verification service is an important aspect for your business to prevent the consequences of hiring bogus employees.
From various reports and researches, it have been found that many businesses have witnessed numerous discrepancy and fraudulent cases. Companies might lost their critical information, lose business project and huge money by hiring wrong candidates who have criminal records. Even more, companies can be involved into legal proceedings which tarnish the business image in the marketplace. Of late, many companies have realised the value of carrying out comprehensive verification. Now, they are focusing on the significance of getting their data/information verified and validated. Employment verification services not only streamlines the HR process, but also helps in gaining competitive advantage.
Let’s have a quick run through on all the benefits of acquiring third party verification services.
Complete background check: In complete background check, 
each and every details about a candidate is checked to identify whether that candidate is genuine or not. With the help of employment verification, you can stay assured that you will be selecting the right candidate who is suitable for the respective job position. Such service providers have a competent team of data verifiers who have appropriate knowledge of this domain. These agent perform the complete examination of a candidate’s profile and identify the discrepancy if exist.
In comprehensive verification process, data verifiers confirm the following details:
- Job start and end dates
- Job roles and responsibilities held with previous employer
- Previous work experience
- Salary and appraisal details
- The reason for termination (in some states) and leaving the job
- Educational certificates and professional degrees
Reduction in operational cost: Gone is the time, when you required to set up an on-premise infrastructure to run the screening process. It not only requires a huge capital amount, but also consumer lots of efforts, manpower and time. However, hiring specialised team of data verification experts help you in finding out the errors involved in the data furnished by employees. Herein, you need not to pay for maintenance and not involve your critical resources in performing screening. All you need to pay for the service on a monthly basis. Third party verification service provider follow industry standard and have well-equipped infrastructure. Therefore, it can help you in reducing the operational cost so that you can invest your money on the resources required to boost your profitability.
Streamline HR process: As candidate profile is completely analysed through the experienced data verifiers, you don’t have to take much time in hiring the candidate who have genuine records. This service will allow you to provide quick joining date to the legitimate candidates. In addition to this, employment verification enables your HR department to focus on core tasks which boost the business productivity.
Therefore, hiring expert data verification services is a crucial aspect for all business in this modern time.
