More than half of employers believe companies are compromising on background verification to speed up hiring, highlighting a growing gap between rapid onboarding and due diligence, according to a report.
About 57 per cent of respondents believe organisations are frequently compromising background verification standards in favour of faster hiring timelines, the report by workforce staffing and HR solutions provider Genius HRTech revealed.
The report, Hiring Blind – Are Organisations Ignoring Background Verification Risks? is based on inputs from 1,647 HR professionals and business leaders across industries during April 1-30.
As competitive pressures intensify across sectors, the data points to a widening gap between onboarding speed and due diligence, with direct implications for workforce credibility and long-term organisational risk, added the report.
‘Credential fraud’ has emerged as a persistent and growing challenge, with 33 per cent of respondents reporting encountering fake o
