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The Risk of Hiring Employees Amid a Pandemic

By 08/06/2020 July 10th, 2020 No Comments

hiring risk pandemicThe International Labor Organization estimates that 25 million jobs are threatened by a pandemic. This pandemic also caused 4 out of 5 of the world’s workforce – around 2.7 billion workers – to be affected by the economy.

While in Indonesia, the Central Bureau of Statistics Republic of Indonesia (BPS) also revealed that the number of unemployed persons has increased by 6.88 million from February 2020, as reported by Thejakartapost.com. As quoted from Merdeka.com, The Ministry of Manpower reported that as of 2 June 2020, as many as 3.05 million Indonesian workers were affected by the pandemic in the form of termination of employment. If the pandemic continues, unemployment would potentially rise to 5.23 million.

At present, the pandemic has entered a new stage, a new normal. With a more competitive job market than before, applicants are required to have more prominent expertise than their competition in order to gain the companies’ interest in recruiting them. As a result of these demands, applicants have the potential to increase their qualifications in illegal ways, such as falsifying academic credentials in the form of diplomas or value transcripts. They could also fake certain certificates of expertise or training. Hiring employees with fake academic credentials is very detrimental, not only for the company but also to the educational institutions or certification bodies mentioned in the fake credentials.

Companies can experience financial losses and a bad reputational image due to employee performance that is not in accordance with the positions’ competency requirements. Not only that, the educational institutions or certifications imprinted in the fake credentials also have the risk of losing their reputation.

To avoid these risks, it is important for each stakeholder – in this case companies and educational or certification institutions – to collaborate to protect one another’s reputation from the negative impact of falsifying academic credential documents, through Education Verification.

Education Verification is an educational background screening platform that offers:

  • A simple interface to validate education credentials in just a few clicks.
  • A global service that includes more than 16,000 universities in 180 countries.
  • Opportunities for income for university partners, schools, certification bodies and training institutions as verifiers.

Do not compromise your company and institution. Contact us for more information about Education Verification.

 

 

 

Written by: Aqilla N

Photo by Free To Use Sounds on Unsplash

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