In the past, customer identification and verification relied heavily on physical documents such as passports and driver’s licenses. This offline process was not only time-consuming but also prone to errors. With the global rise of FinTech innovation, the demand for seamless digital experiences soared, leading to significant changes in financial services and various other industries. […]
Hiring the right candidates is crucial for the success of any organization. However, despite the advancements in recruitment practices, many hiring managers still find themselves grappling with the challenge of identifying warning signs about bad candidates. In this blog, we’ll delve into the reasons behind this phenomenon and explore ways to address these blind spots […]
Candidate interviews play a vital role in the hiring process, yet they are often undervalued. To increase the acceptance rate of job offers, companies should approach interviews as well-structured, goal-oriented, and candidate-centric processes. Here are some tips to help you elevate your interview process and improve the likelihood of attracting desired candidates who will accept […]
In today’s competitive job market, organizations need to focus not only on attracting new talent but also on retaining their existing employees. With employee turnover rates high and job satisfaction low, HR departments play a critical role in ensuring long-term success. Plum has introduced a Talent Assessment Platform to helprecruiters address these challenges and create […]
The workforce of today comprises four main generations: Gen Zs, Millennials, Gen Xers, and Boomers. A LinkedIn report states that the multigenerational workforce is a significant factor in a company’s success and one of the key trends in talent acquisition. Each generation has its own distinct communication style, work-life balance, life goals, and work productivity […]
In the competitive landscape of talent acquisition, organizations must possess a strong Employee Value Proposition (EVP) to entice top-tier candidates. The EVP encompasses the unique set of benefits and rewards that an organization offers to its employees in exchange for their skills, talents, and commitment. Without a robust EVP, companies risk losing out on attracting […]
The ever-evolving nature of the workforce necessitates continuous adaptation and anticipation of emerging trends. In the fast-paced world, we inhabit, recruiters play a pivotal role in shaping the future of work. They possess unique insights into the evolving landscape and can provide valuable foresight into how the workforce will unfold over the next 12 months. […]
Recruitment has traditionally been viewed as a cost center, with organizations primarily focusing on minimizing expenses and filling open positions as quickly as possible. However, in today’s competitive business landscape, there is a growing recognition of the strategic value that effective recruitment can bring. By adopting a strategic approach, organizations can not only reduce costs […]
In today’s rapidly evolving technological landscape, the use of generative AI has become increasingly prevalent in various industries, including recruitment and hiring processes. However, it is essential for hiring managers to exercise caution and take proactive measures to prevent potentially dangerous misuse of this powerful tool. By following certain guidelines and best practices, hiring managers […]
The evolution of candidate experience has become a critical aspect of the recruitment process in recent years. Employers have realized the significance of providing a positive candidate experience, as it not only enhances their employer brand but also attracts top talent to their organizations. The recruitment process has shifted from a company-centric approach to a […]
As recruiters, we often focus solely on a candidate’s resume, but there is so much more to consider when assessing a potential hire. Candidates are more than just a list of skills and experiences on paper. They are multifaceted individuals with unique personalities, values, and perspectives that can greatly impact their fit within a company […]
The COVID-19 pandemic took a heavy toll on employees’ mental health. There was a majority of teams working from home; surrounded by their families or no one at all. As employees attempted to find stability at the beginning of the pandemic, this seemed to decline over time. Thus, highlighting a critical balance (or, imbalance) between […]
AI tools are popping up around us faster than ever, and our world and it’s people are beyond excited to have their lives made easier. However, a new entrant always calls for some queries, doubts and concerns. For example, hiring professionals are excited yet concerned about how AI could be used to help them evaluate […]
The tools of the trade for the hiring industry have evolved over the years to smoothen the process of recruitment. These tools have made it possible to reduce the intensity of labor involved. However, there is always room for improvement and many more tools have come into the mix to help HR leaders and business […]
As graduation day comes closer for new batches of bachelors’ and masters’ students, it’s alsotime to plan your intake of job seekers to build your teams. Tailoring your benefits to suit recentgraduates as well as filtering through them the right way, there’s a lot to know about how to goabout hiring fresh-outta-school grads in a […]
In the world of job hunts and job confirmations, there are many levels involved. From applyingfor a job to interviewing for it, we meet many people along the way. However, despite the bestintention of hiring managers and those responsible for your job confirmation, there is a certainlevel of unconscious bias that exists. Studies show that […]
Diversity in the workspace is increasingly being recognized as not just a moral but also a business necessity. In today’s economy, having everyone on board regardless of their race, color or gender preferences is important; if they are talented, they are hired! However, with the clash of generations, mindsets and opinions, achieving diversity is a […]
Many organizations are adopting an entirely digital outlook towards processes. As new technologies adapt businesses for more efficiency, increasing their software implementations, they have also transformed into being more competitive in their respective fields. Largely virtual workspaces offer abundant opportunities like global market expansion and efficient remote workforces. For HR & recruiting departments however, digitization […]
Diversity in the workspace is increasingly being recognized as not just a moral but also abusiness necessity. In today’s economy, having everyone on board regardless of their race,color or gender preferences is important; if they are talented, they are hired! However, with the clash of generations, mindsets and opinions, achieving diversity is a multi-faceted and […]
Analyzing skills and the gaps in skill-sets helps determine the difference between the current setof skills one has, whether newly hired or an existent employee, and a desired skill-set for afuture job role. Many brands use this analysis to discover abilities of an individual that may ormay not be conducive to a job where specific […]
It’s quite evident how the last few years have been tough on the talent industry and the hiring agencies. There have been ups and downs, highs and lows as well as frustrations from trying to get through the workday without breaking in spirit Because of not knowing what comes next, whether the current scenario is […]
2022 has been a journey of ups and downs, highs and lows and pluses and many minuses for the world of HR and recruitment. From mass resigning to bulk layoffs, the tone of the job market has evolved rapidly with strides. From big tech giants laying off thousands of employees to major takeovers from company […]
The global IT industry is facing an undeniable talent shortage which makes it no secret that there are jobs to fill and seats to take. By 2030, we see a projected global talent shortage of over 85 million which could lead to a major loss in unrealised annual revenue. While hybrid working methods have widened […]
Job hopping has turned into a rampant trend when it comes to candidates and the jobs they apply for. Over 80 percent of employers reported being ‘ghosted’ by their candidates on receiving a better job offer in-between their interview processes. Many candidates today feel that job-hopping or taking up freelance projects over a full-time commitment […]
With more remote working processes, fraud can take place against employees too. As we have evolved into a hybrid-working system post the COVID-19 pandemic, fraud from fake employers has come to rise exponentially. Regardless of being a saving grace for most, work from home and hybrid-working setups also have their fair share of detrimental effects. […]
Moonlighting is a common term used to signify the act of undertaking multiple jobs apart from your primary employment. It doesn’t mean just one or two jobs at a time. It can be 7 jobs at a time if one is capable and agile enough to undertake them. During the coronavirus pandemic, the lockdown forced us […]
Gig-economy is the newest catchphrase on the professional block. It basically means a working environment that relies less on permanent contract employees and more on freelancers and project-based talent. There are various reasons why organizations may choose to work in a gig-economy styled environment. They may try to save money that would otherwise become a burden […]
While working multiple jobs has been prevalent in days of the past, nowadays, it has increased in every field. Today, moonlighting poses a threat to organizations by way of competitiveness and effects the mental and physical health of employees which in turn affects their ability to work at their most optimal. What can you do […]
One of our Andhra Pradesh based clients was all set to onboard a new employee. As part of the routine checks conducted before confirming employment, Verifacts also does a thorough check on financials including the person’s EPFO account. This is a new regulation at our company to filter through the riff-raff as many employees in […]
A client of ours requested background verifications for some candidates who were applying for a mid-senior level job. On checking document submissions by all of them, we found one that stood out. This candidate had an impressive profile of previous employment and on checking each one, we found that he had faked the entire list, […]
A background verification agency is always here to help you look through the books and crannies to understand where your applicants are lying, misinforming, or hiding. But, have you checked the agency you are hiring too? One such case came out way, where a background verification company was taking reports and details back to their […]
Hiring drivers is much harder than one can think. After all, your life is literally in your driver’s hands when you are commuting or traveling. Whether it’s an accident, style of driving or credentials, caution must be taken in order to hire a trustworthy and experienced driver for your personal and professional needs. One of our […]
Applying for an insurance policy? Make sure to find the right centers for your testing. One such case had come our way, that brought to light a racket about fraudulent stamping and providing of medical records and certificates and reports. In Mumbai, a police raid led by a PI was conducted on the Nursing Home […]
An education check is as important as a criminal, social or employment check. Our Bangalore team was catering to a request by one of our long-standing clients with a background check for various applicants for a position they were trying to fill. In carrying out other checks, an education verification was required too. One of […]
Marijuana, the most common drug to be consumed by the public, has been legalized in many countries, for example, the US. However, in India, this product in any form is banned and its consumption is punishable by law. The effects of marijuana are vast and long-lasting on one’s mental and physical health. Adverse effects arise […]
Hiring drivers is much harder than one can think. After all, your life is literally in your driver’s hands when you are commuting or traveling. Whether it’s an accident, style of driving or credentials, caution must be taken in order to hire a trustworthy and experienced driver for your personal and professional needs. One of […]
Car fleets, cab companies and similar organizations hire in multitudes when it comes to drivers & riders for within city limits or inter-city travel. This is a sensitive form of hiring because you are indirectly responsible for the safety, comfort and lives of many other people on a daily basis. Whether it be your customers […]
People often wonder why there are such obvious (to some) questions on background verification. After all, if one is applying for a new job, they obviously had justified reasons to leave their previous employment. Not really. Many questions on a background check can be obvious, but digging deeper can reveal some hard truths that allow […]
The jewelry industry in every part of the world is a high-risk field with very valuable materials, whether it’s ready jewelry, stones, metal or money. While being a very high-risk sector, it is also a very highly unorganized field where jewelry store owners handle most of the incomings and outgoings themselves, apart from a few […]
The coronavirus pandemic hit us all pretty hard. But it hit harder on those that lost their jobs in multitudes. Many companies laid off batches of employees in one go to recover losses and cut costs majorly. This has had a negative impact on many employees that are struggling to find new jobs and restart […]
We all know that a major part of the world suffered being laid off during the coronavirus pandemic. Beginning from early 2020 until the end of 2021, we all have had trouble maintaining jobs and finding new ones after being laid off forcefully. However, this has not fared as well for many among those that […]
When we talk about employee verifications, most companies tend to only re-confirm past employment, some financial records and names of universities that one has attended. However, there are times when we find that a candidate has mentioned the name of a university that does not even exist. Yes, this is a fact. This is mainly […]
An uncommon yet plausible way to fraudulently pass a background verification is by having your verifier miss checking EPF accounts. We encountered one such case at Verifacts and saved the day for one of our clients who was on the verge of hiring a wrong candidate. An applicant from Andhra Pradesh presented as the perfect […]
Why do we exist? To make hiring breezy for you. At Verifacts, we understand the consequences of hiring the wrong team member. Whether a past that is dotted with offenses or a personality that affects your organization’s productivity, we understand how a wrong hire can turn things upside down for your company and your people. […]
Many a-times we overwork ourselves, burn out and lose our productivity and skills. It takes a long time to build back from how successful we used to be, because we overworked ourselves and now don’t have the energy or mental strength to do any more. Lately, more and more people, whether working at offices or […]
A background verification entails various details like education, previous employment, references, behavioral testimonies, identity and offenses. One of the most important out of these verifications is an address check of where you physically reside while applying for a position at a company. Why is this done? Sometimes, companies receive applications from those that are not […]
Your background verification reports are large in size & complicated in details. Oftentimes, if you have hired a fraudulent background checking agency, you could be a victim of fake or unfinished or fabricated reports. How to know what’s real and what’s not? When they say ‘everything is not the way it seems’, that means you […]
When it comes to exes, we’re all very apprehensive of taking them back. Here, we talk about professional exes, and how rehiring them can be a boon, if done the right way. When it comes to hiring, your background verification and identity check process must apply equally to new applicants as well as rehires. It […]
When it comes to rehiring employees to either temporarily fill vacant spaces or command a permanent position, we always recommend extra caution. Most companies trust their ex-employees to be truthful, faithful and diligent because they have already worked with them in the past. However, this is not always the case. People change every minute, and […]
Verifacts is a highly trusted, global facing , Background Verification firm. We persevere to reduce the unknown and mitigate risks for our clients.