The success of your business relies on the investment of quality people, yet many employers put their business at risk by not verifying the accuracy of a candidate’s claims on their CV before making a hiring decision.
Research has shown that one in every four resumes contain false information on academic qualifications, previous work history and professional associations. KPMG in their 2012 report on Fraud, Bribery and Corruption in Australia and New Zealand, found that 43% of responding companies in the survey were experiencing fraud.
That statistic is frightening enough, but it gets worse. The average loss to fraud per organisation experiencing fraud is $3.08m, with an 82% increase of individual fraud exceeding $1m.
Inside jobs are on the increase with 75% of major frauds being committed by insiders. A typical profile of a fraudster is that they earn close to $100k and are motivated by greed/lifestyle or personal financial pressure.
In todays business climate employers can no longer rely on the good faith of their candidates and accept copies of resumes, certificates and letters as sufficient documentation as some or all of the documentation could be falsified or untrue.
Strict adherence to a thorough due diligence process for your potential and existing employees using Precise Background Services will protect your business from the following:
"DO YOU KNOW YOUR PEOPLE"
* Please note: After we have received your original paperwork through the mail, initial screening is done in Real Time, and it is possible to have Final Results within minutes. On average, 80% of all National Police History checks are processed within 1-2 business days. In cases where there is an Initial Name Match, the processing time is usually between 2 and 15 business days
We are an Australian Criminal Intelligence Commission (ACIC) accredited agency and are authorised to submit requests for National Police Checks to ACIC. ACIC are the background checking agency that delivers the National Police Checking Service for and on behalf of all Australian Police Services.