To know exactly who you're investing in

In this competitive labour market, marketing oneself to create a desired perception by a prospective employee is increasingly utilised and becoming ever more subtle. There are even companies that specialise in putting together a 'professional' resume.

People are generally honest, but when it comes to applying for a job, research shows that approximately 1 in 4 candidates (25%) falsify their resume to some degree. That's resume fraud!

Costs to your Business

150% of the first year package - this could easily be the overall cost of recruiting a permanent employee, including time involved in training, before they reach peak productivity. That's a minimum cost of $60,000, and when recruiting senior executives, plan for anywhere up to $500,000 and beyond.

Why agree to an investment on this scale without knowing precisely what you're investing in? You cannot afford not to verify the claims of one of your most costly yet valuable resources, your people.

Employee Fraud

According to the Australian Institute of Criminology, fraud cost the Australian economy $5.88 billion in 2002 and this is expected to have risen since then.

Don't let employee fraud, workplace misconduct and litigation damage your business, as it has done to two thirds of current Australian businesses. The future performance, direction and credibility of your organisation depends on it.

While this is a very real issue, and one that can significantly damage your brand as well as staff morale, it is one that can be prevented through verifying and thoroughly investigating those claims made by potential employees.

A recent study found:

• 85% of the worst frauds were by insiders on the payroll
• 55% of these came from management
• 85% of the managers had less than one year service in their role
• Only 20% of frauds are exposed
• (2003 Ernst and Young)

When you make an offer to a candidate after using Verify, you can be 100% sure that the substantial investment you are about to make has been well researched.

It's about Building a Culture of Integrity

Did you know that up to 99% of reference checks involve calling a mobile number of a contact provided by the candidate? Would you submit a referee that was not going to provide glowing praise and recommendations?

Our experience has found that referees are not always who they claim to be, were often not in a role managing the candidate and in some instances never even worked in the same organisation.

Verify goes far beyond your average reference check, not only researching your candidate and what they were really responsible and accountable for, but also the authenticity and actual relationship to the provided referee. Where the information gained is not adequate, we'll go further, so that you know your candidate has the qualifications, knowledge and expertise claimed.