| | AUGUST 20168Consultants ReviewWhat is Corporate Verification?It is a process by which an independent agency verifies the antecedents of a potential hire to confirm the claims made by him/her in the Resume with regard to age, qualifications, experience, character, criminal records, if any, drug abuse et alWhy do Corporates need Corporate Verification?One of the most critical decision points in selection of a potential hire is the personal interview based on a Resume/Application Form which the candidate fills up. Most often the personal interview process lasts for an hour and it is very difficult to assess whether the claims made by the candidate are fully true. Research has established various types of Resume falsifications:· Resumes and job applications that contain falsifications 53 percent· College students surveyed who would lie on a resume to get a job they want 70 percent Resumes that are misleading 78 percent · Resumes that state fraudulent degrees 21 percent· Show altered employment dates 29 percent · Have inflated salary claims 40 percent· Have inaccurate job descriptions 33 percent· Give falsified references 27 percent · *These numbers were gathered by Accu-Screen, Inc., ADP, and published by The Society of Human Resource Managers (SHRM).It has, therefore, become imperative for organisations to depend on an independent verification/background check of the candidate's background.Being a practising HR professional over the last more than 30 years, I have gone through some of the most difficult hiring mistakes ­ not because you misjudged the competence of the candidate but because I could never discover some of the hidden stories in their career. Every candidate who comes for an interview presents his best self and always has a glorious story to tell. What he/she does not reveal is the dark sides of the career. Sample the following:1) My team has been visiting the premier B-Schools to hire management graduates. In one such occasion, they made offers to few students from one of the top B-Schools. One of the studentshad a bright academic background and stood ahead in the hiring process amongst his peers. After he joined, his immediate superior IN MY OPINIONCorporate Verification in India ­ A PerspectiveBy K. A. Narayan, President-Human Resources, Raymond LimitedK A Narayan is an HR Professional and has worth 25 years of experience in large Indian Global Corporates heading the HR functions. He has been associated with number of Industry Associations and Educational Institutions. His major forte has been in Leadership Development, M&A, Industrial Relations, OD and transformation.
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