Is Resume Fraud Common Among Job Aspirants

In the past couple of years, resume fraud has become one of the biggest challenges for employers. Candidates buy fake college diplomas from various online platforms and apply for jobs without thinking the future consequences.

No doubt, they are qualified for the job on paper, they don’t have 1% technical knowledge to handle the job role. Not only this wastes the company’s money, but it also affects overall productivity. Since these candidates don’t have the required technical knowledge, they are most likely to do more harm than any good.

But, the real question is how common resume fraud actually is? How many people actually use fake diplomas and fake college degrees during their interviews. Let’s take a look at some of the studies from the past where such cases have come into the picture.

Back in 2009, Rochville University, an online platform that claimed to be an esteemed college, was selling forged college degrees and diplomas for $499. And surprisingly, many aspiring candidates on Linkedin had listed Rochville University on their resumes.

It means that many people used to rely on fake college diplomas to pass through the interview process. But, has this trend changed now? Have employers started to verify the candidate’s education details before handing them the offer letter?

Well, the answer is both Yes and No. While many organizations have understood the importance of running a background check on employees, others are still hiring employees before verifying their education details.

Since only 35 percent of employers go out of their way to verify candidates’ education details, aspirants have become more and more confident. They don’t hesitate while using fake college diplomas and as a result, the resume fraud is growing with each passing day.

So, what’s the solution to combat this scenario? One of the most effective ways to fight fake college diplomas is to invest in a proper solution like Echolink. It is basically a digital solution that runs on the latest Blockchain technology. This is the same technology that is used for cryptocurrency trading on the Internet.

Since the system is decentralized, only verified institutions can upload details about their students. And, employers with the right credentials can access this information to verify if the candidate has actually attended the college or not.

Keep in mind that Echolink is only one of the software that can be used to verify the education details of a person. There are dozens of other digital solutions in the market as well. All you need to do is find the right software as per your business requirements.

Investing in such a tool will make it a lot easier for your company to hire the right candidates who actually have the technical expertise to effectively handle their job role.