- According to AuthBridge, an identity management and business intelligence company, eight out of every 100 applicants will be deceived or misinformed on work applications in 2020. The IT sector has the highest disparity in employee background verification at 16.60 per cent.
- Email, jobs, identification, and education verifications are the most common discrepancies
AuthBridge said in its sixth annual trend study that despite a decrease in overall discrepancy over the last three years, the healthcare sector had the second-highest discrepancy at 12 per cent. It is followed by retail at 10.22 per cent, and BFSI (banking, financial services, and insurance) and pharma at 9.76 per cent and 9.65 per cent, respectively.
With a discrepancy ratio of 9.58 per cent, the travel and hospitality sector was also on the list of industries with the highest discrepancy ratios.
According to the survey, “eight out of every 100 applicants lie or misinform during the work application process.”
According to the report, candidates aged 35 to 39 have the highest disparity rate of 9.09 per cent, showing more significant incentives for candidates in this age group to falsify their qualifications for better job opportunities.
“Candidates aged 35-39 had the largest proportion of disparities, and the same age group has been performing well for the past three years… In an emailed response, AuthBridge Founder and CEO Ajay Trehan said, “It is important to be careful when recruiting in that age group.”
“The overall top-level trend shows difference has seen a decline in the last three years – and it’s understandable,” he said of the report’s results. As corporate India becomes more aware of and adopts background screening procedures, it weeds out suspect applicants who either refuse to start the process or have a compelling excuse to be truthful.”
“Interestingly, there has hardly been a decline in the gig economy room, and the gap has stayed between 4% and 5%,” he said.
Email, jobs, identification, and education verifications are the most common discrepancies, according to AuthBridge.
“Employment verification remains the most egregious offender – the review with the most inconsistencies throughout industries. It is needed for all white-collar recruiting, and businesses must screen at least the previous three jobs,” Trehan explained.
Between 2018 and 2020, police verification in the on-demand sector increased significantly from 3% to 19%, he said.
According to the survey, two out of every 100 applicants in the on-demand and blue-collar sectors had a criminal or civil litigation history.
According to Trehan, address search discrepancy decreased to 6% in 2020 from 10% in 2018, owing to improved address verification mechanisms. However, the eastern part of India still has the highest discrepancy due to rugged terrain and dropouts.
“For straight three years in a row, Northern part of India showed the highest discrepancy in education checks standing at 1.44 per cent in 2020, and it also had the highest job discrepancy at 5.71 per cent,” according to the study.
It went on to say that East India had the highest difference in address checks, at 5.45 per cent.
AuthBridge’s Annual Trend Report 2020 “draws data-driven insights from millions of background checks performed by the firm and inconsistency patterns found in the details shared by candidates during their verification process over the last three years,” according to the company.
The study analysed disparity trends across 15 industries using a range of checks. Identity verification, address verification, education verification, reference verification, and criminal background verification were among the tests performed.