Repute: India’s First Open Talent Network


Posted June 22, 2022 by repute

The main goal of this verification is to verify that they have access to trustworthy staff, which will result in improved client interactions and productivity.

 
Before hiring any candidate, the majority of significant and leading firms such as Google, Deloitte, and others conduct background checks. The main goal of this verification is to verify that they have access to trustworthy staff, which will result in improved client interactions and productivity. According to the Professional Background Screening Association's (PBSA) research, there are three main reasons for conducting employee verification: The safety of consumers and staff receives 83 percent of the vote. In contrast, the hiring of suitable employees receives 51 percent. According to their poll, there are various other reasons, like safeguarding the company's reputation, preventing material loss, etc.

Here are a few reasons why you should conduct a thorough employee background check.

● For Workplace Safety
According to a Legal Service India report, the number of violent cases at the company has increased dramatically, from 371 in 2014 to 570 in 2017. Your job as a responsible business owner or employer is to keep your employees safe and secure. As a result, conducting background checks is critical to eliminate any unwanted imposters in the firm and maintain it completely secure.

● Higher Costing On Account of Hiring the Wrong Candidate
Did you know that hiring an inappropriate person might cost you a lot of money? According to a Better Place research report, Indian organizations are placed fourth in business decisions that result in a bad hire. According to three out of ten businesses, the average cost of terrible recruitment is INR 20 lakhs. Furthermore, it is a waste of time, a loss of job posting fees, and a negative impact on other employees, among other things. These charges, however, can be avoided if you work with a background verification firm. These businesses stop you from making poor recruiting mistakes that result in a loss of both money and time.

● To Mitigate Negligent Hiring
Negligent hiring is when a company hires someone who has already committed criminal acts. If they have a criminal record, they are more likely to engage in illicit behavior in the future. In this case, the firm will be held liable for the illegal activities of its employees. To avoid improper hiring in the future, you should conduct a legal inquiry that uncovers any employees who could jeopardize your company's reputation. A background check is a comprehensive solution that covers educational and employment verifications, allowing you to avoid making rash decisions.

● To Hire Honest Employees
Almost all candidates exaggerate their information, qualifications, and certifications on their resumes nowadays, according to 90% of hiring departments. Falsifying details on a CV has become commonplace to gain employment with a company. Candidates may also falsify educational qualifications to obtain employment and may go further by providing false information. As a result of such mishaps, it's critical to conduct employee background checks on your staff.

● To Safeguard Company’s Reputation
We understand that poor recruiting can harm a company's reputation. If a regular employee engages in illegal activity, it might harm your company's reputation. However, this incident can be avoided by using background verification services to ensure that only ethical employees are hired. Make sure you select a reputable network for job verification, or you risk falling into the wrong recruiting scenario. They reduce the risk of identity theft and fraud by enabling only validated ID papers to be entered. In this approach, Repute helps the organization develop strong, competent candidates.
Companies also conduct personal background checks. To do these tests, several organizations have their artificial intelligence-powered software. Individuals can conduct a background check on themselves to learn what employers are seeing about them if their names appear in any public database, including civil and criminal databases. On the other hand, background verification companies cannot undertake a background check on a person's religion, caste, race, or other factors.

About the Company: ( https://repute.net) Repute can be trusted to govern a company's onboarding processes because it is a blockchain-based talent network. We are assisting both domestic and international enterprises in developing an environment in which both employers and employees may build trusting connections and accomplish desired outcomes. To safeguard your business and its reputation, contact us immediately for all of your background checks.

Open networks and blockchain technology are utilized to securely exchange data, conduct transactions, share insights, and collaborate. Data monopoly is prevented because of decentralized data sharing, which offers you ultimate control over your data and how it is used. Embrace the Web 3.0 concepts. Using blockchain technology, share data and insights with your peers on the network. A single entity does not own the data, ensuring it is not monopolized.
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Issued By Repute
Country India
Categories Business
Last Updated June 22, 2022