As job market ebbs and raises sag, fake CVs increase
By hook or by crook - that seems to be the new mantra for some jobseekers in a flagging economy. In these times of slowdown, jobs are difficult to come by, salary hikes are shrinking and job security is eluding candidates. Himani Chandna Gurtoo reports.business Updated: Mar 14, 2013 02:20 IST
By hook or by crook - that seems to be the new mantra for some jobseekers in a flagging economy.
In these times of slowdown, jobs are difficult to come by, salary hikes are shrinking and job security is eluding candidates. To cope with the current flux, applicants are doing everything - from altering markesheets to producing fake certificates from universities to mentioning a fictional company as a former employer - to grab their dream jobs, say hiring experts.
Around 84% of organisations based in India, both domestic and global, have come across such applicants, a survey of 90 companies by global consultancy Hill & Associates has found.
The desire for higher pay packages, better titles and faster career growth are providing the trigger.
"Such increase is expected during events such as corporate scandals, global job mobility, and recession causing higher unemployment," said Shalini Chakrabarty, country manager, Hill & Associates. "Candidates believe that this would escalate the possibility of getting their dream job."
While mentioning a fake company has emerged as the major discrepancy in employee background checks, altering marksheets is the leading trick in educational checks. Other frauds include changes in the year of graduation, fake certificates and qualifications from universities that do not exist.
Sectors such as manufacturing, banking, financial services, retail and fast-moving consumer goods received the most fraudulent or manipulated applications.
Consultancies like Hill & Associates offer risk management services for employers, including services like background checks and cross-verification of qualifications.
Most companies in India are generally reluctant to verify credentials of prospective applicants. In most cases, new-age technology and social media are not used for pre-employment screening purposes, the study said.
"Around 78% of organisations do not use social media information while screening employees," it said.
Since these background checks are either conducted by internal human resource department or by outsourced agencies, there are increased chances of slippages.
Job seekers beware! One wrong move can severely dent your career as over 80% of organisations terminate an employee immediately if he is caught.