A recent analysis by The Risk Advisory Group of 3,000 screens of potential financial services employees, demonstrated that 25% of all CVs contained material irregularities.
These included academic qualifications, previous employment history (duration, responsibilities and salaries were all common grounds for embellishment), County Court judgments, directorships and in the worst case a criminal conviction (fertile ground for omission).
The results were surprising for three reasons. Firstly, in every case the candidate filled in a 15-page disclosure document that asked detailed questions. Secondly, unlike previous years, each CV contained not one but on average three material discrepancies.
Thirdly, the candidates had already been interviewed by professionals and in many cases more than once before the job offer had been extended ‘subject to satisfactory CV verification’. Their untruths had not, therefore, been discovered by human resource professionals and their business counterparts during the interview process.
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