What Is A Background Verification?

Background verification is a process of pre-hiring employees. It detects fraudulent behavior and helps to ensure that the hired employee is safe and productive for the organization. BGV helps organizations detect employee professional character, such as fraudulent behavior, past criminal activity, and whether submitted documents are legitimate.

Is It Important to Do?

In India, it’s not legally mandated to conduct background verification; however, it is very helpful in preventing poor hiring decisions. BGV is important because employees may provide spoofed documents to secure better jobs and salaries. Without verification, organizations may waste time and money on unsuitable candidates.

Importance of BGV

• Risk mitigation: About 80% of employees include forbidden information in their resumes. BGV helps ensure that qualified and verified employees are hired. Organizations always seek better-qualified candidates.
• Workplace safety: Workplace safety is mandatory. Different types of people work together, and it is important to have a safe environment to enhance productivity. BGV helps identify employees with any criminal backgrounds.
• Reputation protection: In this competitive world, an organization's reputation is crucial. 58% of clients assess productivity, and BGV helps ensure that standards are met.
• Efficacy and accuracy: BGV enhances accuracy and efficiency in hiring processes, ensuring that suitable employees are selected and organizational operations are protected.
• Discuss terms: Organizations gain insight into employees' professional behavior, allowing for better alignment on terms and increasing organizational potential.

Which Major Components Are Included In BGV?

Several checks are included in BGV, with major components listed below:

• ADDRESS VERIFICATION: The employee's provided address is cross-checked physically or digitally. This verification confirms whether the address exists and if the individual resides there.
• EDUCATIONAL VERIFICATION: This process verifies the accuracy of provided educational documents. Many educational institutions issue fake degrees, and BGV helps identify these discrepancies.
• EMPLOYMENT VERIFICATION: This verification checks employee behavior and capabilities as verified by previous employers. It identifies inaccuracies in experience letters, salary slips, and offer letters that may have been altered.
• CRIMINAL VERIFICATION: Organizations must know if their employees have any criminal past, whether minor or major. This verification is crucial for informed hiring.
• ID VERIFICATION: Many individuals face identity theft, making it essential to verify the genuineness of identification.
• PROFESSIONAL REFERENCE CHECK: This check is important to understand an employee's personality, which plays a significant role in the organization's growth.

Is It Beneficial for Small Businesses or Organizations?

Yes, BGV is beneficial for small organizations. Conducting background verification helps reduce poor hiring decisions and fosters growth by ensuring that qualified and reliable employees are hired.

Why Choose INTERAXIC?

• INTERAXIC MANAGEMENT SERVICES provides the best service with a wide range of verification services, including address, educational, employment, criminal, KYC, professional, drug testing, and more. These checks ensure a complete profile verification process is conducted reliably.
• INTERAXIC MANAGEMENT SERVICES utilizes AI technology to enhance accuracy and efficiency. They use a Virtual Internal Portal (VIP) for easy data handling, ensuring client data safety and reducing manual errors.
• INTERAXIC MANAGEMENT SERVICES offers 24/7 client support, ensuring faithful and accurate service without mistakes.
• INTERAXIC MANAGEMENT SERVICES complies with data security policies, including GDPR and the Information Technology Rule of 2011, holding ISO 9001:2015 & ISO 27001:2013 certifications, along with DSCI, SHRM & NASSCOM certifications in background verification.
• INTERAXIC MANAGEMENT SERVICES serves all industries, providing the same level of accuracy and efficiency for small businesses and large enterprises.
• Choosing INTERAXIC for verification needs ensures accurate, efficient, and reliable results, helping organizations make informed hiring decisions and reduce risks associated with fraudulent credentials.