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2020 is just two months old and we’re already seeing rising employee frauds in major companies across India. From major MNCs to banks, frauds worth over INR 10 Crore have been already committed. Hard to believe isn’t it, that such big corporates are falling prey to employee fraud, that costing…
When the e-wallet major, Paytm uncovered a fraud last year, it had already bore a loss of over Rs. 10crore. An ex-employee who had worked for 2 months for the organisation, was charged under IPC sections related to criminal conspiracy, cheating and violation of Information Technology Act along with five…
A weak job market may be followed by an increase in resume frauds, but even when the economy is healthy, various cases come up where employees have lied in their resumes and everyone had to bear the cost. With resume fraud being rampant, it comes as no surprise that almost…
As the saying goes, “One bad fish, spoils the whole pond”, one bad hire can financially cost a company a huge amount. And not just money, which of course is a great loss, but a bad hire is also a loss of time, resources, productivity and motivation. In the current…
Companies around the world are starting to secure themselves from fraudulent schemes by candidates during and post interviews, by going for a thorough background verification. About 34% of the applications received across industries around the world contain information that isn’t true. Can you believe that? To secure the companies with…
Choosing a background-screening provider is an important step when it comes to hiring a new candidate for a job. There are a lot of factors to be kept in mind while partnering with a vendor, not only because it might be a bad decision to hire a certain candidate without…