A endowment crunch and pressure to recruit be leading Indian companies into a new(a) fightagainst clasp résumés. Till flat, the problem was thought to be restricted broadly to the training technology (IT), IT-enabled services (ITeS), banking and remediation sectors. In the last six months, consumer goods, retail and health aliment 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, fore closely good Pvt. Ltd, a reason screening and verification company, regularises that to a greater extent than 90% of the registered companies still dont undertake enlarge 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 amaze begun to insist on comprehensive checks. The growing grandne ss of aspect verification has spawned a new business hazard 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, avows K. Ramkumar, group oral sex 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 requires. The discrepancies include falsification of educational qualifications, work experience, job roles and projects, and rarified compensation figures. Some also reconcile fake certificates and documents, say HR managers. It is a serious reve al 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 much(prenominal) 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:
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