5 Things You Must Check When You Screen an Applicant
If you have taken more than three or four applications, you might have discovered that job applicants and rental applicants are sometimes less than forthcoming. Things get left off; other things get embellished; still other things are forgotten. According to a 2014 Hireright Employment Screening Benchmark Report, 88 percent of survey respondents said that employment screening had exposed a job candidate who lied on a resume.
Usually the omissions and embellishments are easy enough to ferret out.
The US Department of Labor offers the following statistics:
53% of all job applications contain inaccurate information.
49% of the 3,100 hiring managers surveyed had caught a job applicant fabricating some part of his/her resume.
34% of all application forms contain outright lies about experience, education, and ability to perform essential functions on the job.
9% of job applicants falsely claimed they had a college degree, listed false employers, or identified jobs that didn’t exist.
11% of job applicants misrepresented why they left a former employer.
Two credit scoring systems are most used by those who check credit for lending, renting and hiring. The old “standby” is FICO. That’s what people think of when they ask what someone’s score is. It ranges from 300 (never pays anybody) to 850 (just-about-perfect). Then there’s VantageScore. They use the same numbers as FICO. The […] read more
By Robert L. Cain Pew Research and the US Census Bureau say “more U.S. households are headed by renters than at any point since 1965.” In addition, vacancy rates in many parts of the country are almost non-existent, with under 4 percent in many cities on the West Coast. That information, when combined with […] read more
By Robert L. Cain Most landlords and many employers check applicants’ credit before they rent to or hire them. Making it more difficult, however, according to the Identity Theft Center, is that since January 1, 2005 there have been 7,954 security breaches with 1,054,627,432 (that’s right, over 1 billion) personal records hacked, including the […] read more
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