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Why Pre-Employment Screening is Crucial to Employers
4 MIN READ Candidate screening is one of the crucial tasks you have as a recruiter. However, analysing piles of resumes for a specific job position and selecting the top candidates to move forward in the recruitment process can be an overwhelming responsibility, especially if there’s incomplete or insufficient information. That’s why many companies look for alternative ways
Pre-Employment Testing: What do Personality Tests Measure?
5 MIN READ Onboarding is often a time-consuming and expensive activity. That’s why recruitment teams try their best to vet potential candidates carefully. Considering that the average amount of time an employee stays with a company is 4.2 years, especially when it comes to Gen-Z employees, it’s important for employers to know that a candidate will be a
Make Recruitment Contactless During COVID with Online Assessments
4 MIN READ The “future of work” that experts have been talking about for years is now upon us — a world of remote working, online collaboration, and video conferences. In the Philippines, the nationwide quarantine has disrupted everyday operations, forcing most companies to let their employees work from the safety of their homes. The COVID-19 pandemic has changed how the world
Fraud Shuts Down Respected Stock Brokerage Firm
3 MIN READ R and L Investments, a stock brokerage firm situated in Mandaluyong City, stopped all trading operations on November 4, 2019 following the revelation they had been defrauded for hundreds of millions of pesos. The mastermind of the long-running scam was a long-time employee, who single-handedly shut down the 50-year-old company with his scheme. A Fortune Lost
Business Threat: The 3 Worst Types of Employees
3 MIN READ According to a comprehensive report by the Association of Fraud Examiners, 81 percent of fraudsters displayed one or more behavioral red flags before their crimes were detected. There were 220 reported cases of fraud in the Asia-Pacific region in 2018, with a median loss of $236,000. Fraudsters in the Philippines were responsible for 25 of
The Cost of Corruption: The Warning Signs of Financial Fraud
2 MIN READ The first part of this series post relayed the alarming findings of the Association of Certified Fraud Examiners (ACFE). The organization reported on the increasing threat that corporate and financial fraud poses to companies around the world. According to the ACFE, businesses became aware of fraudulent schemes and activities mostly through tipsters. Of the 2,690 cases of occupational
Safeguarding your Business: The Cost of Corporate Fraud
3 MIN READ According to reports from several organizations, incidents of fraud in the corporate sector are on the rise around the world. In 2018, these incidents cost companies from more than a hundred countries over $7 billion in total losses. It’s not surprising that the rising tide of criminal activity and fiscal damage has prompted businesses to find ways
What Are The Different Types of Pre-Employment Tests?
7 MIN READ What is pre-employment testing and what are the types of pre-employment tests? Find out the answers to these questions by reading this article.