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.
Less than a year after the end of World War II, 1946, household debt was less than 15 percent of the US Gross Domestic Product (GDP). Then, in the 1960s, Bank of America, offering the first credit card, BankAmericard (later renamed Visa), sent some 60,000 credit cards out to anyone and everyone in California. Of […] read more
Just because a debt drops off a credit report doesn’t mean a debtor doesn’t owe it anymore. Just because the statute of limitations for a debt passes, doesn’t mean a creditor can’t still collect it. We’ll look at debts and how they hang around even if people think they’ve gone away or are uncollectible. It’s […] read more
It’s a business, owning rental property. Even if you don’t think it is, it is. Watching every piece, every penny determines how profitable the investment will be. Think about it. Investors own an operation that may involve millions of dollars in assets but believe it’s just “something to do” or passive income. Then those investments […] read more
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Steve W., PinPoint Insurance
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