Stop Issuing Paper-Based Relieving Letter or Experience Certificates

How do you know you are not hiring fraudulent employees? Unethical employees are costing the industry $800 Billion according to KPMG. Your paper-based relieving letter and experience certificates can be copied and is prone to fraud. Are you wasting your HR Department’s resources on the wasteful process of answering background check emails of employees who have left you? Let CredCV streamline your process.

30% of Business Failures Are Caused By Employee Theft.

According to the Association of Certified Fraud Examiners (ACFE), companies lose 5% of their revenues each year to employee fraud. Based on information gathered from the ACFE’s Global Fraud Study, the median loss caused by a single case of occupational fraud is Rs. 9 lacs. The study also revealed that companies with less than 100 employees had 28% higher fraud losses than larger companies. How can you ensure that employees who leave you due to unethical behavior don’t fake your Relieving Letters and Experience Certificates? How can you ensure, you don’t hire such employees as well?

Online Verification of Employment, Agents, and Consultants using Your Branded Portal:

CredCV provides a world-class your-branded Employment, Agent, and Consultant Verification platform for employers

• Your HR department can now spend their time on productive work instead of answering employment background verification questions about employees who have left your organization.
• No more issuing relieving letters or experience certificates that can be manipulated by fraudulent employees.
• Employees can place resignations via the platform that can be accepted based on terms of employment.
• Absconding employees will find it difficult to find employment elsewhere and hence will reduce.
• Fraudulent employees can be flagged to let future employers the bad apples in the industry which over time will tighten the screws and will reduce drastically.

Capture Employment and Exit Records:

By capturing employment contract details or agent details, one can ensure the validity of data and background checks before easier. Verified data shows with a green tick mark and in case of issues in employment, it shows with a red tick mark making it easy for employers to make a decision.

Go ahead and STOP issuing relieving letters and experience certificates. CredCV’s innovative process will help you save money in HR and also act as a deterrent for fraudulent employees.

Major CredCV Features:

• Your Company Branded Job Portal
• Virtual Interviews using built-in Video Conference
• Send Offer Letters Via CredCV which can be accepted or rejected.
• Employee Background Checks for Criminal, ID, Address, etc.
• Hire Employee into the system with Terms of Employment
• Performance Appraisal (OKR) with Trust Score with Analytics
• Social Platform For Employee Engagement Kudos, Stories, Events, Classes, etc
• Exit Process and Trust Score while Exiting for Unethical Employees
• Whistle Blower Software to help solve issues before it blows up

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