From The Economic Times, “Startups are doing more background checks than before on their potential employees, as they are faced with the pressure to hire right.
As much as 87% of discrepancies found during a recent survey by background screening solutions firm First Advantage were at the level of senior management. Of these candidates, 42.3% were in the 22-30 age group, indicating that a significant chunk of them belonged to the startup ecosystem.
“We see more startups seeking background checks. Wrong hiring can sully the image of the startups, and cash-strapped startups can’t afford to hire the wrong person,” First Advantage managing director Purushotam Savlani said.”