People are the biggest business assets to any organization. On the same token, people can also become the biggest business risks and these risks have to be mitigated to avoid consequential damages to the organizations. Organizations need to ensure that the "right" and "safe" talents are identified before hiring. Unfortunately, these organizations still adhere to age-old practice of character reference checks with references provided by the candidates though they realize this is a pointless exercise.
Studies have shown that more than 20% of CVs or Resumes have some form of discrepancies. The discrepancies can be in several areas and hence the need for them to be channeled through different background checks based on the risks associated with their functions or roles to check their "security" and "integrity" levels. Click on this blog to have an in-depth understanding of why and how companies conduct background screening.
While background screening checks the "safety" level of the candidates, tight employee selection solutions must be in place to ensure the "best fit" talents are hired. In today's world, where there is an imperative talent man-hunt, misfits can cause negative financial impact to hiring organizations. To avoid this, a comprehensive professional interviewing and industry-specific, accountability-specific and role-specific predictive assessments will add value to a large extent.
Avvanz Screen provides 2 complementing solutions: