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.
Millions of Americans face financial difficulties because they just “don’t get it,” their financial health on a knife’s edge. On a basic five-question financial literacy quiz, 80 percent couldn’t answer four of the five questions correctly. The world runs on money, but they don’t “get” how money works. Because of their ignorance, their illiteracy, they […] read more
As evictions begin in earnest with delinquent renters looking for a new place to live, Fannie Mae (the organization that underwrites mortgage loans for millions of people around the country) is making it easier for renters to buy a home. Of course, renters with an eviction aren’t likely to be candidates for Fannie’s new program, […] read more
Half of all renters live in SPRs, industry lingo for Small Property Rentals. The Census Bureau defines those as one-to-four family dwellings, and they make up 76 percent of rentals. Individual owners own 92 percent of them. That’s the good news. I’ll explain why in a minute. The bad news is that SPRs reported a […] read more
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