One-Third of job applicants lie on the resume. Cost of employee turnover can vary from 25% to 200% of annual compensation. A lot of time and money is wasted in checking the employees work history. Employment Verification is a 2 way street. Just by enrolling your employees and keeping the records correct, companies can save money and improve productivity.
Current process involves writing emails to previous companies that employee worked in and waiting for reply. Many companies don’t reply to such emails putting additional questions on employee’s credibility. It also takes a toll on the employees joining process.
The Process
As soon as the employee joins the company, they are enrolled in our platform. At the time of exit, the records are also updated by you. Employees also have the ability to send resignation from the platform thus eliminating manual entry.