{"id":1596,"date":"2016-01-05T08:06:23","date_gmt":"2016-01-05T02:36:23","guid":{"rendered":"http:\/\/54.164.18.210\/?p=1596"},"modified":"2016-02-08T10:52:05","modified_gmt":"2016-02-08T05:22:05","slug":"red-alert-resume-frauds-on-the-rise","status":"publish","type":"post","link":"https:\/\/www.jantakhoj.com\/blog\/red-alert-resume-frauds-on-the-rise\/","title":{"rendered":"Red Alert \u2013 Resume frauds on the rise"},"content":{"rendered":"<p>Yes! You read it right there is a red alert \u2013 resume frauds are on an alarming high. India ranks fourth in the Asia Pacific geo-market in terms of discrepancies found in resumes. According to the quarter1 2015 Trends report, the discrepancy rate in Banking, Financial services and Insurance stands at 40 per cent followed by the IT sector at 27 per cent.<\/p>\n<p><a href=\"http:\/\/54.164.18.210\/wp-content\/uploads\/2016\/02\/Blog-Image-150x150.jpg\" rel=\"attachment wp-att-1598\"><img decoding=\"async\" loading=\"lazy\" class=\"size-full wp-image-1598 aligncenter\" src=\"http:\/\/54.164.18.210\/wp-content\/uploads\/2016\/02\/Blog-Image-150x150.jpg\" alt=\"Blog-Image-150x150\" width=\"150\" height=\"150\" \/><\/a><\/p>\n<p>Surprisingly, the discrepancy percentage is highest in the age bracket of 41-50 years at 16.2 per cent. The overall discrepancy rate in India in the last three years is 20.11 per cent, that means 1 in 5 job applicants give certain wrong information in his\/her resume or job application.<\/p>\n<p>Isn\u2019t that a scary statistics for an employer\/ recruiter?<\/p>\n<p>The above raises a pertinent question, that why a qualified, experienced individual would falsify\/fabricate his\/her resume?<br \/>\nThe answer is written on the wall \u2013 the incapability to find high salaried jobs pushes individuals to craft fake CVs. Resume frauds have always existed \u2013 outright lies, misrepresentations and falsifications. With intense competition for limited opportunities, candidates have started creating rogue resumes, lying about facts, concealing info and bloating up achievements. This goes right up to the senior-most positions applicant\u2019s too.<\/p>\n<p>Some of the common falsifications are highlighting short-term diploma courses from premier institutes as main qualification and lying about dates of work experience. Applicant\u2019s also submit false certificates on company letter-heads, including salary slips, fib about bonuses earned, reasons for leaving previous jobs and furnish false references.<\/p>\n<p>Employers in India are now cognizant of the significance of background screening in ensuring safety and security at workplace. It is interesting to note that the IT\/ITES were among the first to adopt background screening as a part of their recruitment process.<\/p>\n<p>Background screening has gained prominence in the country over the past few years, with companies recognizing the importance of a candidate\u2019s due diligence and the role it plays in mitigating risks and fraud in the company.<\/p>\n<p>Solutions to falsifications and frauds cannot be fixed with a one size-fits-all. We strongly recommend that companies in all industries screen, not only full-time employees but also contract or part-time workers, as these employees have the same access to company premises and confidential information. These employees applications should be put through the following verification screening to spot falsifications on their resume\u2019s:-<\/p>\n<p>1. Employment verification<br \/>\n2. Education verification<br \/>\n3. Reference check<\/p>\n<p>Not screening any one category presents a huge risk to organization\u2019s and opens them up to fraud and corporate theft.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Yes! You read it right there is a red alert \u2013 resume frauds are on an alarming high. India ranks fourth in the Asia Pacific geo-market in terms of discrepancies&#8230; <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.11 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Red Alert \u2013 Resume frauds on the rise - JantaKhoj<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.jantakhoj.com\/blog\/red-alert-resume-frauds-on-the-rise\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Red Alert \u2013 Resume frauds on the rise - JantaKhoj\" \/>\n<meta property=\"og:description\" content=\"Yes! 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