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Used cars may not be the only things in a dealership with a hidden history, warns Experian
Survey reveals that men are twice as likely as women to lie on their CVs
Nottingham, UK, 5 June 2008 - Checking out the background of a potential employee is just as important as checking the status of a used car, warns Experian®, the global information services company.
A consumer survey from Experian reveals that men’s CVs are two times more likely to contain inaccurate information compared to women’s CVs. In fact, over two-thirds of men admit that they think employers do not thoroughly check CVs and job applications.
Kirk Fletcher, Managing Director of Experian’s Automotive division, said: “Not only is the automotive industry male dominated, but it also has one of the highest staff turnovers of any sector. The trading environment is changing and it is becoming increasingly important to attract and retain the right employees in order to have a competitive advantage. Dealers have to be as on the ball when it comes to recruiting staff as they are when it comes to buying and selling used cars.
“A lie on a CV could be something as simple as an exaggerated qualification, but with the growing issue of insider fraud in UK organisations, it could be hiding something far worse. The survey also revealed that 12 per cent of the respondents knew someone who had misused customer data, 35 per cent knew people who had breached confidentiality and nine per cent knew people who had embezzled funds. There can be serious implications for anyone who employs a person without checking their background. Staff related fraud is a serious threat and employing the wrong person can prove very costly to dealers - from both a financial and reputation point of view.”
Background Checking.com is an Experian company that can give dealers access to global verification and anti-fraud data enabling dealers to ensure that the right people are employed into the right roles. For further information about background checking please visit www.BackgroundChecking.com.
The survey was based on a sample of 1,497 adults.
The word ‘Experian’ is a registered trademark in the EU and other countries and is owned by Experian Ltd. and/or its associated companies.
About Experian’s Automotive division
Experian's Automotive division provides powerful data insight to organisations within the automotive industry, including manufacturers, motor retailers, motor finance companies and insurance providers. It also works with carefully selected partners to deliver information direct to consumers.
Experian’s risk management products provide clients with an independent assessment of vehicles, prospective business partners and customers and potential and existing employees. Powerful customer insight also enables these clients to accurately target the hottest customers and prospects using the most cost effective channels.
Experian’s Automotive division works with over 80 per cent of the AM 100 and Motor Trader Top 200 enabling them to manage the risks and maximise the opportunities that face their businesses every day.