siliconindia | | JULY 20214Misplaced hires continue to plague the talent acquisition services in India quite adversely. It has been seen that bad hires tend to bleed the company by costing it five times the annual salary given to them. Resume falsification is another problem that is rampant in India. Increasing competition, along with the availability of ample job information on the various job portals has resulted in a desire to move to well paid jobs among the youth. This makes them resort to tactics such as resume buffing, exaggerating accomplishments, falsification of information etc. and that is a fundamental reason why companies in India are suffering from bad hires. While background screening has always been a fairly common practice in India, it is growing in popularity as the country experiences an increase in CV fraud, which occurs when job applicants misrepresent themselves in cover letters and resumes.Most companies are becoming increasingly aware of the benefits and advantages associated with conducting a background check in India for their potential candidates. Background verification is everywhere, from hiring to banking, to apartment rental applications. Because of the high amount of risk in hiring in India, employers should seriously consider implementing a background screening program in order to decrease the risk of human resources fraud. A solid background screening program will credentials for full-time, part-time, and temporary workers. Companies in India must familiarize themselves with the legal and cultural nuances prior to launching a program. This edition presents a good list of service providers that can suit your business' needs to ensure the right employee at the right desk, doing the right job. Do let us know what you think.Emmanuel Christi DasEditoreditor@siliconindia.comKYE- Know Your Employee !Editorial Vol 10 · Issue 10 - 02 · JULY, 2021 Publisher Alok Chaturvedi Editor Emmanuel Christi Das Editorial Team Aveek Pal Chaudhuri Avinash Roy Abantika Bhattarcharjee Komal Banchhor Mandvi Singh Rakesh P VP - Sales & Marketing Virupakshi Pattar GM - Sales & Marketing Rohit Kumar Advertising Managers Editorial queries editor@siliconindia.com To subscribe Visit https://www.siliconindia.com/subscribe/ or send email to subscription@siliconindia.com Cover price is Rs.150 per issue. Printed and Published By Alok Chaturvedi on behalf of SiliconMedia Technologies Pvt Ltd and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017. Editor Alok ChaturvediCopyright © 2021 SiliconMedia Technologies Pvt Ltd, All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.advertise@siliconindia.comVisualisers Suanya Chakraborty Group Art DirectorAshok KumarNoidaAshu Sethi Garima Anand Shivam AgarwalCirculation Manager Magendran Perumal Ashwini D Naik Naganidhi Shivam AgarwalCorrespondentsSambit Satpathy Subhadarshani Mohanty
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