Employers Are Concerned about Identity Fraud during Hiring – According to New Study by HR Research Institute and Sterling
A large majority of organizations (80%) indicate it is possible that they have experienced employee or job candidate identity (ID) fraud. Furthermore, there are various concerns about the quality and accuracy of employee and job candidate ID data(Sterling).
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HR.com‘s Research Institute conducted the research study, The State of Identity Verification, in partnership with Sterling, a leading provider of background and identity services. Insights from the study reveal the views of HR professionals about the need for implementing an effective identity verification solution as part of the hiring process to catch identity issues early.
According to the report, many employers have concerns about employee identity verification issues, especially in light of new technologies and the millions of ID theft cases each year. The research found that the most common reason for identity verification becoming more important is that technology is making it easier to fake an identity.
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“Employers need to verify identities, especially with the recent increase in remote hiring,” stated Debbie McGrath, Chief Instigator and CEO of HR.com. “By engaging in proper due diligence, organizations can protect themselves against bad actors, and financial and legal concerns as they hire, screen, and onboard.”
“This research validated much of our thinking around identity and underscores the importance of getting identity right at the start of the screening and hiring process so that organizations can better position themselves to build great corporate cultures that are rooted in trust and safety,” said Taylor Liggett, General Manager of Sterling Identity.