A benchmark study on employment background screening revealed more than eight out of ten employers found resume fraud that includes embellishments or outright lies on job applicant resumes in the last year.
The federal government is facing a vast backlog of people seeking security clearances, as more than 700,000 applicants are waiting on background checks.
Although current employees present significant ongoing organizational risk due to their access to company assets, customers and other employees, a survey found that 48% of employers do not rescreen their personnel post-hire.
According to a CareerBuilder survey, 75 percent of employers said they have hired the wrong person for a position, and of those who had a bad hire affect their business in the last year, one bad hire costs them nearly $17,000 on average.
The practice of conducting employment background screening has been around a long time and has become ubiquitous that it is inexplicably tied to the employment hiring process.
