The Latest Trends in Employee Verification
The Latest Trends in Employee Verification
Blog Article
Imagine you hired an employee recently. The professional was the best according to your benchmarks, with education from top-tier institutions, previous jobs in premier companies, and good communication skills. However, after a few days, you unexpectedly saw policemen in your office premises searching for your so-called best employee. Then, you realize that your hire was a criminal who committed dreaded crimes in the past. The next day, newspapers carried the news of arresting the criminal from your office. As a result, your business reputation degraded. Likewise, another hire could be a fraud. Your finances could be at stake due to fraudulent activities by the employee. That is why, ensuring your business is free from such employees is a significant responsibility for you as an employer. As such, you should not undermine employee verification. Otherwise, you will bear the brunt of your negligence.
What is Employee Verification?
You must have formed an idea of what employee verification could be from the instances in the previous paragraph. You can regard it as a process that involves evaluating an employee’s identity and societal behavior apart from educational and professional backgrounds.
Understandably, the verification will help ensure the employee has genuine academic credentials and professional accomplishments. In addition, it will make sure the employee is free of a criminal past.
Due to employee verification, you can hire genuine and performing employees. Such manpower can push your business along the path of success.
The Latest Employee Verification Trends
Being an employer, it is a prime responsibility to conduct proper employee verification before onboarding your manpower. At the same time, you must keep yourself up-to-date with the latest verification trends.
Remember, the availability of advanced tools and techniques has made professionals sharper. As such, they are likely to use innovative techniques to escape the employer’s eye into their undesirable past. That is why remaining up-to-date with the recent trends in employee verification is a must.
Here is a round-up of the latest employee verification practices:
#1. Leveraging AI
Manual verification is error-prone. That is why, do not implement it. Instead, use AI-based automation tools. Such tools automate the verification process. ML algorithms in such tools can automatically extract data from large datasets concerning the employee’s educational, professional, and behavioral histories. Due to the accuracy of such tools, you can select a genuine hire in less turnaround time.
#2. Real-Time APIs
In addition to accuracy, quickness has become a must in today’s fast-paced business circuit. APIs can extract data concerning the employee’s educational, professional, and criminal histories. Such APIs instantly check government IDs to verify the identity, and criminal record databases, enabling quick verifications.
#3. Social Media Screening
Analysis of a candidate’s social media behavior can reveal multiple aspects of understanding the professional better. A scan of the candidate’s social media profiles can help to detect unprofessional behavior or discriminatory conduct.
#4.Biometric Verification
This verification is a must if your business handles sensitive data. Facial recognition and fingerprint scanning can identify a candidate with high accuracy. The technique can extract accurate information from databases.
#5. Post-Recruitment Verification
An employee’s practices and behavior may change over time. That is why checking employees frequently is essential. Such verification is necessary for sensitive sectors, such as finance or security.
Verification after onboarding employees can play a decisive role in maintaining the workplace healthy and safe.
Why Outsourcing is a Good Practice
The other side of the must-needed employee verification is time-consuming and complex. You must deploy adequate resources for the verification. In addition, verification could be susceptible to errors due to complexity. Moreover, you must train your employees to keep them up-to-date on the latest trends, incurring higher expenditure. However, you can get accurate employee verification without your involvement by outsourcing the task to an external service provider.
The key benefits of outsourcing employee verification are:
Accessing a Talent Pool
Importantly, you will leverage the talent of a competent pool of verification professionals. Usually, outsourcing companies maintain an expert team of professionals to ensure the quality of their services. In addition to substantial experiences, such team members remain up-to-date with the latest tools and techniques. In addition, they have access to the essential databases to extract the relevant data for verification. They can perform error-free verification due to their expertise in spotting discrepancies.
Operating Cost Reduction
This is an associated benefit of outsourcing. You will lower your operational costs by outsourcing. When you maintain an in-house employee verification team, you could incur escalating costs that will add to your operating expenses. For example, you should invest in the latest software, and in training employees on the latest verification techniques.
Outsourcing can help to escape such expenses. Usually, external service providers ask for fixed monthly payments. That allows you to predict your expenses while lowering your operating costs. Besides, the outsourcing model is beneficial for small and medium-sized companies that have fund limitations.
Saves Time
There can be many aspects to verify before onboarding employees, such as checking educational and professional backgrounds, and criminal history. These activities consume substantial time.
However, outsourcing can relieve you from spending time on such activities. As the outsourcing service provider will handle the tasks, you can verify your employees on time. That will also reduce delays in employee onboarding.
High Accuracy
Usually, employee verifications by such professional service providers are accurate. In addition to the expertise of competent and experienced professionals, the usage of advanced tools increases accuracy. The tools reduce the possibility of errors.
Maintain Compliance
Employee verification involves handling personal data. Remember, you will face legal action if you expose the data to the wrong hands. However, you can prevent such risks by outsourcing.
Expert professionals in such service providers comply with the existing data protection laws. They remain up-to-date with the latest regulations. As such, they can adhere to the legal mandates while handling candidate data.
Streamlined Scalability
When businesses scale up, they need to hire more employees. However, the process can become cumbersome due to lengthy verification processes. However, outsourcing can help smoothen the process. The service provider will verify the new joiners on time, enabling streamlined onboarding.
Choosing an Outsourcing Service Provider
The benefits of outsourcing are attractive. However, there is a twist. Hiring a competent employee verification service provider is essential. That can allow you to reap the full benefits of outsourcing. If you somehow end up hiring a sub-standard outsourcing company, you might not get efficient services. Due to low-quality services, you could waste your time and money while hampering your business.
Therefore, do not undermine the need to examine your prospective outsourcing service provider thoroughly. Here are a few practical tips for choosing one:
Full-Service Spectrum
Check whether your prospective outsourcing company provides the full spectrum of employee verification services. If it does not, refrain from hiring the company. Ideally, such a service provider should offer:
- Educational background verification
- Professional history verification
- Criminal background verification
- Identity verification
- Reference checks
- Social Media behavior verification
Industries Served
Check the industry sectors your prospective outsourcing company served in the past. Choosing a service provider that has served clients in your domain could be a good idea. Such a company will understand the challenges of your business. In addition, a service provider with experience in your business domain is likely to have expertise in handling compliance and specific verifications.
Legal Compliance
You will face legal consequences if you delegate the task of employee verification to a service provider that is incapable of properly handling compliances. That is why ensure the company complies with the relevant data protection laws. In addition, the service provider should maintain strict data confidentiality.
Technology
Evaluate the technology infrastructure of your prospective outsourcing service provider. Ensure it has the latest tools. Remember, accurate employee verification calls for advanced tools. As such, the company is not likely to deliver efficient services if it does not possess modern technology.
Turnaround Time
Hiring employees is a time-consuming process. It gets longer if verification consumes more time. Therefore, check how long your prospective service provider takes to verify employees. Choose a company with a short turnaround time.
Reviews
Reading online reviews is an effective method to determine how the service provider handled its clients in the past. Reject the company if you find bad reviews. Shortlist the ones with good reviews. However, you need to be careful while reading reviews. All good reviews may not be genuine. Some could be fake.
Another good tactic to determine the service quality is to ask the company to provide a reference. Speak to the reference to understand the service quality.
Costs
Finally, assess the fees. Do not finalize a service provider with high fees. Remember, high fees do not signal good service quality.’Therefore, choose one that offers quality services at reasonable fees.
Conclusion
Do not ignore the need to stay informed of the latest trends in the employee verification circuit. That will help you to implement the recent methods in verifying your new joiners. Remember, old techniques may not derive impactful results. Outsourcing the function to a competent service provider can be a good idea. That will help you leverage its expertise in implementing the latest techniques without your involvement. At the same time, outsourcing will help reduce your operating costs. However, choose an outsourcing service provider carefully. Report this page