Around 5% of the candidates screened are flagged red
People define an organization. Their integrity determines the reputation of your business in the market. With so many reports of resume fudging and misrepresentation, it is important to ensure that one is hired after proper verification. A poor hiring decision impacts business and has consequences like theft of intellectual property, leakage of confidential information, misuse of resources or questionable conduct.
All the aforementioned factors underscore the imperative need for comprehensive Employee Background Verification services to mitigate these risks and ensure the integrity of data and intellectual property across all touchpoints of a business’s value chain.
We at Matrix Business Services are pioneers in this ecosystem. Leveraging two decades of industry experience, deep expertise, and cutting-edge technology, we enable end-to-end and seamless background verification services. We work with customers across multiple business landscapes including Information Technology, Business Process Outsourcing, Manufacturing, BFSI and Retail.
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Address
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Validation of current and permanent address |
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Identification
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Validation of ID based on government issued documents/cards |
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Academic
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Validation of academic credentials |
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Criminal
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Reporting any criminal/civil case filed against the candidate via www.ecourt.gov.in |
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Employment
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Validation of genuineness of earlier employment |
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Character
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Conducted through the reporting authority of the individual during their previous employment |
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Drug
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Check if the candidate is subject to drug abuse. Involves various levels of tests |
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Database
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Track and report negative candidate's in public/proprietary database via |
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Social
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Check if the individual has created negative publicity for his/her |
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Credit
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Evaluate the credit discipline of the individual |
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Gap
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Gaps in a candidate’s employment history is verified to cross-check the cause for the gaps |
At Matrix, we have combined expertise with deep technology and have created multiple tools conducive to all the key stakeholders involved in the background verification process. We leverage these tools to deliver credible and transparent verification services.
Our proprietary technology tool for end-to-end background checks. A web-based application, MatEx integrates seamlessly with a client’s external system and provides 24/7 access to reports.
A fully automated Background Verification tool to enable rapid verification while ensuring compliance with regulations and complete integrity of data.
A web-based application to make prior employment verification seamless. Curated to enhance the employment verification ecosystem, Checkwork caters predominantly to employers to help them verify the prior employment status of their prospective employees directly on the solution dashboard. Checkwork automates the process of data reconciliation from the previous employer, thus saving both employers costs and time.
To know more, log on to https://www.checkwork.in/
Background verification for employees is a process to verify a candidate’s history criminal records, educational qualifications, employment history, credit history, and more to confirm the integrity of data submitted and to verify other credentials
While an online verification process that involves basic KYC parameters - court history, database, and ID verification—can be done instantaneously, a detailed employee background check takes at least 15 working days.
Online verification will be done instantaneously (KYC checks like Court, Database, and ID)
A comprehensive background verification will take 15 working days
The cost depends upon the parameters meant for every candidate. The costs are very nominal considering the value the hirer gets. The pricing also depends upon the volume and longevity of the contract. For inquiries, we can be reached out and we shall share the information based on the inputs we get.
employee background checks directly correlate with the quality of talent and people that enter your workforce. Hiring reliable candidates is a key goal in any hiring process and comprehensive employee background checks can ensure this goal is met. This process in turn reduces attrition by minimizing the churn of bad candidates from the organization.
The risk of a bad hiring decision is ultimately borne by the organization and could prove detrimental to an organization’s data health, financial health and credibility. In order to minimise hiring risks, detailed background verification becomes imperative, especially in domains such as BFSI, IT Services, Manufacturing and more where data integrity plays a critical role.
A third-party background verification company can assist your organization in developing screening solutions in accordance with not just industry standards but also state and federal regulatory requirements.
Just as bad hiring affects data integrity and financial health is also directly impacts workplace safety. As an employer, it is essential for all organisations to ensure optimal workplace safety and detailed background checks can help identify potential threats for the workplace and weed them out before they pose any risk to the organisation
(A Workflow diagram of how background checks happen in Matrix)
Comprehensive Business Assurance services across multiple industries and sectors
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