85% OF FINANCIAL SERVICE FIRMS HAVE UNCOVERED LIES ON CVS

A new study reveals that 85% of HR and risk professionals in the financial services have experienced candidates presenting false information on their CVs or on job applications. The HireRight study also found that 75% uncovered flaws in applicants CVs during the screening process that, otherwise, wouldnt have been found. Screening occurs during the recruitment process after the initial process of sourcing job candidates is completed. This involves reviewing CVs and cover letters, conducting video or phone interviews and, ultimately, finding the right candidate. Furthermore, the study revealed that 31% of those issues were found during senior-level background screening.

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