Interesting Industry Information on Employment and Background Screening:

  • 9 percent of job applicants falsely claimed they had a college degree, listed false employers, or identified jobs that didn't exist according to Resume Inflation: Two Wrongs May Mean No Rights.
  • As many as 30 percent of jobseekers exaggerate their accomplishments, and about 10 percent seriously misrepresent their background according to The Complete Reference Checking Book.
  • According to the Recruiting Times, it costs $7,000 to replace a salaried employee, $10,000 to replace a mid-level employee and $40,000 to replace a senior executive.
  • According to the NIOSH a workplace homicide will cost a business approximately $850,000.00
  • The Bureau of Labor Statistics reports that approximately half of businesses with more than 1,000 employees have had an incident of workplace violence.
  • 30 percent of all business failures are caused by employee theft, according to the American Management Association and U.S. Chamber of Commerce. On average, in U.S. businesses, at least half of all new hires "don't work out" according to Fortune.
  • Vangent, Inc. reported that according to a recent survey of retail establishments representing over 13,000 stores with combined 2005 annual sales in excess of $519 billion, one in every 26.5 employees (out of 1.8 millions) was apprehended for theft from their employer.

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