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Impact of Technology on Background Screening Industry Technology continues to empower and revolutionize many businesses across industries. In the context of India, the level of market penetration for background screening industry is still low; technology is playing a vital growth. With the increasing awareness among recruiters about the possible risks involved in hiring candidates without proper List Of Background Verification Companies In India, more organizations are opting for background screening. To catch up with the rising demand and to capitalize on the available flea market background verification companies are trying to innovate the way background verification data is processed and handled. Technology has revolutionized the way the business done by enabling customers to demand and expect instant gratification. So for Background Verification Companies In Kerala, this means to develop new ways to get reliable and faster outcomes. With the shifting scene of private and public information processing and ongoing digitalization of the nation by the government, technology is playing a major part in the industry too. Some data analyzing companies have developed cutting edge technologies to aggregate and dig data scattered over many databases using machine learning, Deap-search algorithms, and AI to deliver efficient, reliable and faster results. The digitalization of public records like voter ID, PAN, Aadhaar, etc along with police records, educational records, and court records has simplified a good deal in speeding up the verification process. Today masts of the verification companies have the ability to verify criminal background, educational records, and identity of the candidate within seconds which enables the recruiters to take the decision with confidence and fast. With more and more educational institutes, business and government bodies moving towards digitalization of their database. Key areas where technology plays an important role in the industry are, Criminal background: With access to over 200 lakhs court records civil and criminal across the nation, few organizations have produced state-of-the-art search algorithm powered by machine learning and AI, which is proficient of accuracy to an extent of picking a pin from a pile. It can hunt for the criminal history of a candidate across the country in a matter of seconds. Operations: Organizations has produced a platform that has automated the back-end works much like an assembly line where many credentials of applicants are validated in-parallel by various teams and planned on the platform to organize the results and produce the statement at the end. For more information: Background Verification Companies In Hyderabad. Tags: Background companies in India, Background screening Companies, Best Background Verification Companies In India Recent Verifitech News Impact of Technology on Background Screening Industry March 22, 2023 Employee Wellbeing In A Hybrid Workplace November 29, 2022 Data Analytics in HR November 29, 2022 How to Retain Valuable Employees November 29, 2022 Change Your Corporate Culture November 29, 2022 Technological Innovations in BGV industry September 29, 2022 Load More Leave comments on this post

Why Background Screening is becoming an extremely serious process in India? You might be wondering what caused the Background Screening process to become a serious issue in India. It’s not a single event in a single company which led to this but a chain of events happening in corporate offices all over the country. For years the recruitment process is plagued with cases of employee fraud, and misrepresentation of data and resumes. Until recently it was only the big companies with offices offshore, IT or ITeS companies, financial companies or private banking sectors that obligatory to have reliable employees due to diligence mechanisms like verifying candidate’s details.  Even though the background verification industry has grown rapidly over the last few years it is nowhere close to where it should be. According to the economic survey, only 7.5 cores of the overall working population work in formal sectors leaving the rest 81% in the informal and agricultural sectors which is pretty unregulated. But now it seems that the things are going in the right direction as the 3rd party verification companies are proactively helping the formal sector. With the onset of “gig economy” service sectors ola, uber and Fastrack has opened themselves to background verification process but it has a long way to go. So how important it is for companies to adopt the background screening process? It is very essential for corporations across industries, to adopt or conduct background verification as it weeds out unsuitable applicants thereby preserving the bottom line of an organization. Besides this, boosted salaries can subdue a company year-on-year while the applicant is in the system. Additionally, Background Verification Companies In Mumbai also secures an employer or a company in case of any employee-related liability or mishap. Above all, usual background screening assures the security of the customers and employees while decreasing the chance of impairment to the company’s brand. How often frauds come along during background screening? Usually, during the recruitment process, the candidates tend to fraud by submitting fake certificates. But recently there have been cases where companies issuing fake experience certificates even though they are a legitimate organization. These frauds come to light when the Background Verification Companies In Hyderabad ask for subsequent tax records and relevant salary slip, which will be non-existent most of the times. Aside from this, there have been incidents where even senior executives fake their credentials which at that level were detrimental for the company. For more information: List Of Background Verification Companies In India. Recent Verifitech News Why Background Screening is becoming an extremely serious process in India? March 22, 2023 Employee Wellbeing In A Hybrid Workplace November 29, 2022 Data Analytics in HR November 29, 2022 How to Retain Valuable Employees November 29, 2022 Change Your Corporate Culture November 29, 2022 Technological Innovations in BGV industry September 29, 2022 Load More Leave comments on this post

FAKE EDUCATION CERTIFICATES – RISK OF HIRING FRAUDSTER Forged education documents and certificates are more widespread in our country than most of us are aware of. Due to the intense race for employment in our country, it has become a staple thing for the students to fake or fudges their mark sheets and educational certificates. As we know it is an illegal and punishable offense, but the reality strikes us hard when the Fake University Lists gets published by various bodies every year all around India. To be specific students have even provided fake records for getting into Harvard University. Thousands of candidates have produced such fake education certificate across the country for getting jobs. The problem is very real and escalating every second. It needs our immediate attention. If you compartmentalize this issue, two major sets of people are getting affected by this activity. First, it poses a great threat for the employers of such candidate. Hiring such incompetent people will affect their productivity hardly. Second, it also increases the problem of justice for the candidates who have been losing the job opportunity due to the exaggerated and forged documents. What is ensured in the Education Verification? The candidate’s qualification is genuine under consideration The skill set of the candidate is properly verified The academic performance of the candidate is revealed The candidate is verified of any unethical circumstances Weeding out the wrong candidate Saving organization time and resources   Why there is a need for background verification for a company? Increase in the modernization and computerized environment which has been increasing rapidly. Organizations are competing with each other at fast paced that they don’t find time to verify each and every candidate they hire. At times, the rush to fill the position makes a company vulnerable for ineligible candidates. Background verification is even skipped in some companies in the process of quick hiring. Saving time doesn’t mean sacrificing the whole company. Here is where the Employee Background verification companies tag in to simplify the work of the company and to find the best candidates. Recent Verifitech News Employee Wellbeing In A Hybrid Workplace November 29, 2022 Data Analytics in HR November 29, 2022 How to Retain Valuable Employees November 29, 2022 Change Your Corporate Culture November 29, 2022 Technological Innovations in BGV industry September 29, 2022 What qualities to look when hiring employees September 13, 2022 Load More Leave comments on this post

Alert Today – Alive tomorrow! Generally, being on drugs is a very harmful thing to do. Driving under the influence of it makes the whole situation even worse and more critical. It is an illegal offense to drive under the influence of alcohol or any kind of drug.  It will definitely make your accuracy in driving limited. It makes you very unstable. Inaccuracy will increase the chances of an accident eventually. Here are some of the signs of people who drive under the influence of drugs: They do not react in time to an unprecedented conditions due to abridged ability They have poor vision and blurred vision leads to the distortion of the road/traffic. They tend to take risks excessively and are unable to conclude when the risk is beyond their control and too serious. The most vulnerable characteristic is the inability to evaluate the speed or distance of another vehicle or a pedestrian. Driving under the impact of drugs might pave the way to employment loss and even imprisonment. In some worst cases, it might lead to a critical injury or even death, both to the person influenced by drugs and the opposite person in the calamity or a pavilion. Impact on the Organization The driver’s actions will not only affect him and the passenger in the cab. His actions affect the whole organization. It impacts the whole trust that the company had strived hard to build for several years. One seed is enough to spoil the whole crop. The Reputation Management process is crucial in any business organization and, it is at stake when you have not included Employee background verification in your recruitment process. The cost of a bad hire just doesn’t simply end with an unsuccessful business. One mistake made out of negligence can cause serious problems for the reputation of a business. Many cases have been filed against cab drivers for their misconduct on behavior and, the count keeps on increasing with respect to molestation and harassment cases of passengers. Now big players have understood the need for a proper background check on their recruits and the issue has come to the forefront again. Also, merely running a background check will not meet the purpose. Recruiters should run a detailed background check on their recruits with the assistance of third-party verifiers. Background verification experts (i.e.) a third-party verifier will have access to a few sensitive pieces of information like a criminal record and real past experience etc. With the verifiers from Background Verification Companies In India, recruiters can check whether a cab driver was involved in any criminal activity or malpractices. The traffic offenses such as excess speed, drunk & drive cases of their past will also be checked thoroughly. Employee background verification is inevitable in today’s market to avoid possible threats that have the potential to demolish your hard-earned reputation. Hurry up in case you have not included background verification in your employees. Turn off your ticking time bomb by doing what you must have done earlier! Recent Verifitech News Employee Wellbeing In A Hybrid Workplace November 29, 2022 Data Analytics in HR November 29, 2022 How to Retain Valuable Employees November 29, 2022 Change Your Corporate Culture November 29, 2022 Technological Innovations in BGV industry September 29, 2022 What qualities to look when hiring employees September 13, 2022 Load More Leave comments on this post

Risks you can avoid when background verification plays a pivotal role in your Hiring process  Inadequate Diligence in the process of hiring often creates potential risks which could turn your reputation upside down. Recruiting the right talent is the most important key to success. As a recruiter, we should understand the importance of a strong recruitment process. In fact, recruiters often get cheated with false information in the resume and other mandatory documents which in turn poses dangerous threats to the brand’s reputation.  What will happen to a business if a recruiter employs any fraud or in the worst case a terrorist in their organization? The only possible solution to avoid such risks is to include Employee background verification at the time of recruitment. It is always best to hire third-party verifier who happens to be a professional to run a thorough verification on each head. We have identified a few most common crucial risks which we might face if we fail to do background screening. Loss of hiring potential employee: Talent acquisition and management is the process which involves a huge investment of time and resources. Recruiters should do a complete background check while bringing a new hire on board. A bad hire may be inevitable and at sometimes applicants can have a great resume and brilliant attitude at the time of interview but may not be a right fit for the role. But nevertheless, the mistake can cause serious problems for organizations. Firstly, recruiters might select an unqualified employee who is not even capable of doing the job which might pose serious threats to a brand’s reputation. Secondly, recruiters might lose the chance of hiring a potential resource as the as the demand for a limited number of vacancies is high. In this highly competitive recruitment process, recruiters tend to make a costly mistake by hiring unfit ones in place of a potential employee. In this highly competitive recruitment process, recruiters tend to make a costly mistake by hiring unfit ones in place of a potential employee. Unsafe conditions for customers and employees: Without a thorough background check, recruiters have high chances of hiring an employee who’s proclaimed as a fraud by government authorities like banks etc. Consequences are unimaginable when a firm recruits any drug addicts, illegal immigrants or in worst case TERRORISTS.  With the negligence in background checks, a firm would not only invite legal troubles, but it is also unsafe for your nationals or employees or your own self. Without thorough background verification, it is difficult to identify whether an applicant has a history of stolen assets or confidential data from the previous employer. Better Safe than Sorry. To curb such kind of risks, recruiters should add an Employee background screening as the most important aspect of their recruitment process. Choose the best from the number of Background Verification Companies in India to screen your employees. Recent Verifitech News Risks you can avoid when background verification plays a pivotal role in your Hiring process March 22, 2023 Employee Wellbeing In A Hybrid Workplace November 29, 2022 Data Analytics in HR November 29, 2022 How to Retain Valuable Employees November 29, 2022 Change Your Corporate Culture November 29, 2022 Technological Innovations in BGV industry September 29, 2022 Load More Leave comments on this post