Employee Background Verification helps prevent the cost cycle by helping to hire a dependable candidate after a set of proper background checks. Some of the important ones are:
Experience Verification:
For any company to decide whether to hire an employee, it is critical to thoroughly verify the employee's professional background like experience, company, and designation.
What if he/she has worked for several companies across different cities?
The costs incurred earlier for verification done locally have now been raised multi-fold. Are there any savings? It becomes much more cost-effective if you partner with a company that has a nationwide reach.
Address Verification:
By verifying information such as the proprietor or leaseholder, the period of stay, and the location in a residential neighborhood, a field officer verifies the validity of an address, It depends on the distance and accessibility of the location, the cost varies
Education Verification:
A high priority is to check that validates the hired candidate's resume against the details provided, in this case, educational background verification. A majority of universities are yet to update their systems, which will make it complicated to verify academic details, while some of the universities are maintaining an online database of student records, The cost varies with the distance and the fees tagged in recovering the records at the university.
Criminal Verification:
The task gets difficult at this stage, once again, due to the absence of centralized database systems (except for the National Crime Records Bureau), especially in India where there are no felony or misdemeanor courts. A field officer needs to put in a request for criminal verification of the candidate to cross-verify records that are predominantly maintained manually at state and district level Police divisions.
How does it benefit the business?
The advantages of performing extensive background verification have a lot more to it than just the economic savings.
Reduces the risk of a range of hiring tragedies - efforts, time, saving cost.
Reduces Employee Turnover by helping acquire responsible employees.
Brings this atmosphere to the company that prevents any illegal activities both from outside (fake resumes) and within the organization (internal fraud).
Allows HR to focus on core work and see no discrimination claims or mishandling of regulatory compliance policies.
Assures workplace protection and peace by running intensive checks to identify any negative records- drug usage, theft, criminal history, and past workplace behavior.
Improves the brand value that speaks for the overall work environment and company guidelines and policies.
In today’s competitive world, getting a small edge over your competitor can be a big reward. So Employee Background Verification plays a tremendously vital role. Your business heavily depends on your internal collaborators, as much as it does on the external ones. Employees are the pillars on which your business stands and if these pillars are strong enough, then no matter how heavy a system rises to, they would stand powerful and tall, always.
Riddhi Corporate Services Limited (RCSL) provides CPV Services in Ahmedabad with experienced and knowledgeable Field Executives that are capable of addressing the challenges that come with the process of Field Verification Services