Here are the high level quarterly discrepancy statistics covering the months of April’18, May’18 and June 2018.
We observed that 2% of the overall number of cases had discrepancies (could be major or minor).
Next, let us look at the breakup of the discrepancies to identify further which types of components (checks) were the source of these discrepancies. These discrepancies were in Employment verification (accounting for 71.4% of the total discrepancy), Education verification (21.4% of the total discrepancy) and Address verification (accounting for 7.1% of the total discrepancy).
From the above it’s clearly evident that the major concern areas are employment verification, education verification and address check. These are the three checks employers should focus on!
It’s better to be safe than sorry!
