#financial reocrd

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Background Verification can help to hire the right candidate?

In today’s Dynamic world there exists a lot of new opportunities and threats that are rising every day. According to a survey conducted by the World Bank, in India, there are 1.3 million youth who need jobs every month, eight million a year.

India is a developing country and every day many people travel to different states in search of jobs and everyone who applies for the job is not eligible for the same. Most of the organization make use of preliminary interview, employment tests, reference checking, but no one talks about Background verification.

What exactly is background verification??

It is a process by which you find the best required candidate by looking at criminal records, education history, employment history, civil records, references and many more to ensure that you get the the right candidate with no black spots.

Some of the top background checks that are requested by HR are as follows:

1.       Employment and education verification.

2.       Identity checks.    

3.       Litigation.

4.       Drug test.

5.       Universal background check.

  1.  Employment and education verification:

As we know, there is tough competition in sectors like Banking, Accounting, IT, Medical, etc., Along with that there are a lot of risks like financial frauds in the banking sector, risk of the life of patients in Medical field. Looking at all these, don’t you think you must go for a background verification of the person you are going to hire in the near future?

 2. Identity checks:

They are the most basic checks of all kinds it includes checks on the following

A. Passport.

B. Voter ID.

C. PAN.

D. Driving license.

E. Aadhar Verification.

F. Ration Card.

They are the most common checks across industries and have been proven to be extremely important for blue collar jobs.

 3. Litigation:

For building trust and a healthy working environment in any the organization, it is important that employer must go through the civil and criminal background of employee, starting right from lower level employee to the top position. According to a survey it was found that out of every ‘100’ application there where ‘15’ who had a civil case against them.

 4. Drug Screening:

As already discussed, there are ‘1.3 million jobs’ needed for youths every month in India, we can see that most of the people who have applied for the jobs are youth and are exposed to many bad influences now a days, so to prevent it from happening you must do a drug test to ensure that they are drug-free.

5. Universal background check:

This check is extremely important for jobs like Chief Operating Officer (COO), Chief Executive Officer (CEO), Chief Financial Officer (CFO), President, or Vice President. And for people who are looking for a job outside India. In this dynamic and dangerous world, organizations want to make sure that they hire only the best and most suitable candidate for the job.

For more information please visit www.arcattest.com or call us at 99932 88830.

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Fundamental concepts of Budgeting & Forecasting Business ##FutureLearn ##UdemyFreeDiscountCoupons #Budgeting #Business #concepts #Forecasting #Fundamental Fundamental concepts of Budgeting & Forecasting Business About the Class Have you wondered what is basis of Budgeting & Forecasting revenue and expenses. We hold a live workshop lately and discuss this topic in fairly details. This course is re-production from live reocrded videos of workshop to give you a taste  concepts in budgeting & forecasting. Please note this is not an excel class and we are not doing real budget here. however we are understanding fundamentals lying under how revenue and expenses are forecasted. Who Should Subscribe You should have some understanding of your business and financial statements. If you wish to learn the fundamentals of how budget and forecast are created (not relying on excel of system calculations) About Case Study Case Study in question is a hotel, hence all concepts are related to hospitality however other industry might get benefit out of it. If you have any feedback of feel i missed anything please let me know and i will add those 👉 Activate Udemy Coupon 👈 Free Tutorials Udemy Review Real Discount Udemy Free Courses Udemy Coupon Udemy Francais Coupon Udemy gratuit Coursera and Edx ELearningFree Course Free Online Training Udemy Udemy Free Coupons Udemy Free Discount Coupons Udemy Online Course Udemy Online Training 100% FREE Udemy Discount Coupons https://www.couponudemy.com/blog/fundamental-concepts-of-budgeting-forecasting-business/