
There was recently an interesting Business Week article that highlighted headhunter Jude Werra's "Liars Index."
Werra has spent years documenting liars, including, “Executive résumé fraud, credentials inflation, and the misrepresentation of executive educational credentials.” The article reports that lies are up with one of the 2007 biannual reports yielding the highest results ever on Werra ’s Index. Supposedly around 16% of executive résumés contain lies related to their academic careers.
That’s on top of the fact that executive headhunters already note that, “one-third of management-level résumés contain errors, exaggerations, material omissions, and/or blatant falsehoods.”
Besides being obnoxious, liars at the tip top of companies can cost a company a bucketful of cash. It costs a lot to conduct interviews, company trainings, and the entire hiring process only to find out later that they aren’t who they seem.
I actually worked for an office manager who lied about credentials and education. She was not at the top pf the company but still it created trouble. The issues eventually came out but there were months and months wasted with all the Human Resource meetings, discussions with the company heads, and complaints having to be written about a manager who clearly lacked the skills to run the department. A huge waste of everyone’s time.
The article notes that the best thing is to conduct the best background checks possible. That means not only use a company that specializes in thorough background check but also that the company itself check up on the background check company. Is it overkill? Not if you want your office run by real professionals.
For more info read Effective Background Screening Practices
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I think those thorough background checks are necessary for businesses if they don't want to waste time and money on someone who don't have the right skills.
Posted by: Howie | October 8, 2007 11:47 PM | Permalink to Comment