The Benefits of Employment Verification
Employment verification can be lengthy and complex, especially if you take on the task in-house. Working with the right background check company can significantly simplify and streamline this process. However, choosing a background check company with a poor track record for verifying past employment can make your job harder.
Veriswift has access to the networks and resources needed to complete employment verifications quickly, thoroughly, and accurately. With Veriswift, you will have no doubt about putting the best possible candidates into every position.
How does it work?
Previous employment is a massive piece of the picture when making hiring decisions.
You need to know that any new hire has the experience and qualifications to do the job well.
Unfortunately, statistics show that over 55% of job seekers have lied about past work experience on their resume. This presents a challenge to hiring managers who want to fill positions with the most qualified candidates.
That’s why most employers routinely conduct employment verification checks when screening candidates.
The Work Number
Owned by the Equifax credit bureau, the Work Number is a database that employers can access when performing employment verifications. About 1.2 million employers participate in the Work Number, contributing information to keep it up-to-date.
While this is a convenient tool for employment verification, only some employers can access it. This is why many employers opt to work with a reputable background check company like Veriswift, which can access the Work Number for employment verification if needed.
Choosing the Right Background Check Company
If you currently work with a background check company or want to work with one, it’s a good idea to do some research to ensure the company is a good fit.
Among other things, you’ll want to make sure your company has a good track record when performing employment verifications.
If you don’t feel confident in their ability to verify past employment, it may be time to look for someone new.
Try asking your company these two questions.
What Is Their Unable-To-Verify Rate?
Sometimes, verifying a candidate’s past employment may be impossible due to inadequate records or business closure. However, a reputable background check company should have an unable-to-verify rate no higher than 10%. It’s a red flag if their rate is 20% or higher.
If your background check company cannot verify a candidate’s past employment, your HR department will be left with this time-consuming task.
How Do You Assess the Work of Your Verifiers?
The way a company assesses its work says a lot. Some companies assess verifiers on the number of verifications they complete each day. If that’s the case, verifiers will likely cut corners to complete each verification as quickly as possible. As a result, the company may have a high unable-to-verify rate, which means that your staff may ultimately have to take up the slack.
