One important way the companies are discovering to save money is by trimming the time it takes to complete average jobs. Employment Verification is routinely one of the biggest hassles that human resources employees face on a regular basis. Between inaccurate information and companies unwilling to return phone calls or answer emails, an average human resources employee can spend up to eight hours, out of a forty hour week, chasing down the employment verifications, in order to keep the hiring process running smoothly. This amounts to about twenty percent of an employee’s time. Any potential savings in this area are sure to be welcomed by managers across the country.
Recently, a company called VeraTrack introduced a revolutionary and proprietary system that uses technology, and an automated system, to drastically reduce the workload that Employment Verification presents. All a company has to do is log in, enter the identifying information of both the company and the applicant, enter the information to be verified, and simply wait. The system sends a notification to the previous company, requesting that they log on (using a secure verification code) and complete the necessary information. Once this is done, the hiring company is notified, and the job is done.
If you are a large corporation and intend to this system often, your costs should start at under $5 per verification. If you are a smaller company that requires less usage of this system, you can expect to pay around $7 to $9 per verification. If you do the numbers, you can see that it is a cost effective solution in many ways. If you have to make the calls yourself and do all the verification, it costs you your valuable time as well as any extraneous Employment Verification costs. Get more information online on how you can make this process easier, faster, safer, more efficient and more effective for yourself and your business.