There are a number of excellent reasons to employ Verifile as a regular part of
your company’s ongoing recruitment strategy. Not least, it enables you build a high quality, stable and skilled employee base. It can also help you to:

• Dramatically reduce recruitment and staff turnover costs
• Free up administration resource and save time and money
• Protect yourself against the risk of recruitment fraud
• Comply with the growing number of Employment Regulations

Dramatically reduce recruitment and staff turnover costs
The 2004 CIPD survey shows that the average company loses 1 in every 6 staff each year, with the cost of replacing each estimated at £4,800. Alarmingly, 20% of all leavers go after less than 6 months in employment. Verifile lets you judge candidates based on hard facts — so you get staff who are well-suited in terms of their personal situation, skills, personality and experience. As a result, you are much less likely to lose staff, and have lower ongoing recruitment costs.

Free up administration resource and save time and money
According to a MORI survey, 33% of businesses report that they simply do not have the time to carry out verification checks on candidates. Verifile aims to complete most checks within five working days. This takes the burden of responsibility away from often stretched Personnel and HR departments — saving significant amounts in resource overheads and enabling staff to concentrate on more strategic areas of operation.

Protect yourself against the risk of recruitment fraud
According to the same MORI survey, 7.5m people admit to having misled potential employers when applying for a job. Don’t make it easy for them. Use Verifile and you create a world in which all your recruitment decisions are based upon verified facts. Verifile helps protect you against all kinds of fraudulent and misleading applications, and helps to secure you the high quality staff you deserve.

Comply with the growing number of Employment Regulations
Increasing pressure is being placed on recruiters to comply with a rising number of workplace regulations. Using Verifile CV Verification & Background Screening Services helps ensure that all your recruitment decisions meet required standards. By screening all new employees, you also minimise the risk of discriminating unfairly against candidates.

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