Till now, the problem was thought to be restricted largely to the information technology (IT), IT-enabled services (ITeS), banking and indemnity sectors. In the last six months, consumer goods, retail and health upkeep firms put up assistn increasing instances of staffers fudging résumés and claiming non-existent qualifications.
Companies are gradually waking up to the problem. Ashish Dehade, managing director, West Asia, First good Pvt. Ltd, a reason screening and verification company, regularises that more than 90% of the registered companies still dont undertake detailed earth checks on education, address, previous employment, criminal record, if any, and references.
But if most companies are making do with limited lines of enquiry, some large companies have begun to insist on comprehensive checks. The growing importance of aspect verification has spawned a new business opportunity for background screening companies.
ICICI Bank Ltd, for instance, found that of the 17,000 new recruits in 2007, 400-500 had depraved facts in their résumés, says K. Ramkumar, group head of military man resources, or HR, for the bank.
Sony Entertainment Net turn, now known as Multi book binding Media Pvt.
Ltd, puts the percentage of fudged résumés at 3% of total new hires. The discrepancies include falsification of educational qualifications, work experience, job roles and projects, and inflated compensation figures. Some also reconcile fake certificates and documents, say HR managers.
It is a serious reveal that can have long-lasting repercussions, says Rohit Mahajan, executive director, forensic services, KPMG India. A bad hire not only impacts business efficiency, unless can have consequences such as theft of keen property, leakage of confidential information or misuse of resources.
Experts say that in the current talent crunch scenario, potential employees see an...If you want to get a full essay, order it on our website: Ordercustompaper.com
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