In 2011, the effect of the US economy crash was felt in India in terms of job loss, decreased projects and more importantly the clamour of oversees clients to get more ROI from their Indian service provider. The wavering job market provided the employee verification industry with a unique opportunity to showcase its importance in the Indian market. The Employee Background Verification services have since made great in roads in providing fast and accurate information to help companies assess candidates during the pre and post hiring process.
There were obvious apprehensions about the success of the Employee Background Verification service in India, given the lack of a centralized database for background screening. However this major hurdle bas been overcome by the background verification industry by creating localized networks to check on the candidates educational and employment details. The Internet has also helped in analyzing, detailing and verifying candidate information. Candidate information collected from both the offline and online venues is merged, validated and the final verdict sent across to the requesting companies. The employee background verification service has become a HR manager’s advisor and guide. The information provided via the background verification service helps the HR manager get a transparent and unbiased view into the candidates past, and thus helping the HR manager make a confident hiring decision.
The application of the employee background verification services not only helped in hiring new deserving candidates but also helped retain valuable employees through an ongoing post-employment verification process. The post employment verification process provides the company updates about its employees new achievements, both educational and/or social. Access to this information can help the HR manager develop a better understanding about the employee requirements and help retain the employee by addressing the employee requirements within the company.
2011 was a year of recognition and acceptance of the background verification services in India. The service proved its potential as an important HR tool. This service industry continues to evolve and is gaining acceptance from a plethora of new industries. All companies that follow a background check policy have experienced undisputable short and long terms benefits. If you are a company that has yet to set up a employee background process then call us @ +91 40 42007092 today and we will tell you how you can have a more profitable and productive 2012.
Verifying of these entries of an employee is very significant, while to make a concrete verdict employer must check some other records like- medical records, military services, lie detector test and much more. These are the causes why Employee Background Check is regarded for!