Free White Paper on New Trend with Employment Verifications
May 5, 2009
We just posted a great new research paper on employeescreen University about a disturbing trend we’ve noticed when conducting verification of past employers. Our Vice President of Quality Service, Kevin Bachman explains how job applicants and prospective employers are being hurt by organizations who have downsized and cannot or do not respond to verification requests in a timely manner.
See excerpt below:
How Another Company’s Downsizing Negatively Affects Your Hiring Initiatives
by Kevin Bachman
In today’s economic climate, companies that can hire have a distinct advantage. As unemployment soars, talented employees are available simply as a result of corporate downsizing. Individuals that were nowhere to be found at 4% unemployment are abundant at 8%. Trusted with conducting the employment verifications, a screening partner plays a vital role supporting these talent acquisition initiatives. As healthy companies position themselves for an economic upturn, it is necessary to validate whether the qualifications of the star performer who fell in their laps are true.
Here’s where things are beginning to get dicey. With the increase in organizations that are downsizing, we are finding an alarming trend. Often, these organizations are no longer adequately staffed to be able to provide verifications in a timely manner, if at all for former employees. It makes sense this function would be lost on the cutting room floor. It doesn’t add any value to the company and can be a time drain. Employees are encouraged to focus on tasks that help make money or cut costs. And providing dates of employment, job titles or the salary does neither.
So as companies refocus their efforts, employeescreenIQ anticipates a further shift in personnel, human resources, and accounting departments. In honor of the typical experiences of the door to door encyclopedia salesman, here’s how the employment verifier could soon be as rare as a shelf full of Britannica’s.