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Showing posts from December, 2020

What is Pan Card and Why Should I Use One

Of all the unique identification documents improvised, a PAN card is assigned to determine and get a hold of the financial attributes of an individual in India. PAN stands for Primary Account Number which includes a 10-digit alphanumeric number and is unique for all. Unlike the other unique identification documents, a PAN card is issued by the Income-Tax Department of India. The primary significance of a PAN card is to put a thorough check on the tax deposits of an individual as it links all the financial transactions made by an entity or an individual. A PAN is not only assigned to an individual but also a sole proprietorship firm or a partnership firm or an enterprise and thereby records all the transactions linked herewith. It is proof of identification for everyone who is a part of any monetary transaction that is happening across the nation. HOW TO SEARCH FOR PAN CARD DETAILS A PAN card search is possible through a number of ways, and all of them are equally effective. It can

Pre-Employment Screening - Selecting a Perfect Employee

If two people are on an equal footing in terms of experience and training, it is very important to think about how comfortable we will feel working with that person to make a good decision. However, it is not everything. We cannot base our decision solely on training, experience, and chemistry when hiring. We have to have as much information as possible to make the correct decision. Although the experience, knowledge, and skills to perform in a vacancy is the most relevant factors for hiring a person. It is important to look at other characteristics that determine whether someone is suitable for a position or not. Recruiting a person, preparing him for a job, and giving him the necessary training to fulfil his functions within a company requires a considerable investment of time and money. If this person does not turn out to be the right person for the job and remains in the company for a short time, financial and human resources would be wasted as the process must be started a

Online Degree Verification – Ensuring Genuine Qualification

As hiring managers or human resources professionals, you are likely to be faced with the task of reviewing applications and resumes of people who want to work for your organization or who want to be promoted. Some applicants may list credentials or degrees that appear credible, such as bachelor's, master's, or doctorate degrees, or professional certification. Attached to many resumes are academic documents that warn that some people are buying credentials or degrees from "diploma mills" companies. Most "diploma-making" companies charge a flat fee, require little if any education, and award a degree or diploma based solely on work or life experience. For this reason, the verification of these studies documents carried out for a job vacancy or an internal promotion becomes an activity that requires certain skills and involves a special work methodology. These knowledge skills are validated through verification with institutions accredited by the Ministry o

Employee Screening – A First Step Towards Good Selection

Nowadays, recruiting for a company is a fundamental process for healthy business growth. There are countless aspects to keep in mind: for example, the company setting and the financial resources of the same. To correctly select your staff, let's find out what are the main personnel selection techniques. Employee screening is a phase of the acquisition process, consisting of acquiring people needed by the company from the labor market. Some fundamental phases of the search and selection of personnel: • Analysis and definition of the role to be filled (also called job analysis ) • Recruitment of candidates • Selection of the ideal candidate Analysis and definition of the role to be filled In the first place, the search for personnel presupposes having a clear understanding of the technical skills and aptitude characteristics sought in a human resource. Identifying these points simplifies the search and facilitates the future positioning of the employee in the company. A

Know How Pan Card Number Verification is an Important Step for Investment

PAN card number verification is an essential step in every sphere whether purchasing a car or property, engaging in the stock market or changing your Indian rupees to foreign currency, there is a single important task that you will require for each of these activities. That is the PAN card. The Permanent Account Number (PAN) card, generated by the Income tax Department, is one of the most essential documents in present era. Importance of Pan Card number verification The card was generated in order to save tax evasion by individuals and entities as it connects all financial transactions developed by a specific individual or entity. In this method, the Income Tax Department has a comprehensive record of all primary transactions for tax service. 1. Opening a bank account - A PAN card is needed in order to open a new bank account, for both the a savings or a current account. All banks, whether it is public, private or co-operative, need the submission of a PAN card in case to open an

Why KYC Verification Is An Essential Process For Recruitment?

KYC documents with the customer’s photograph have been made compulsory only in the recent past where false transactions, false accounts and money false had become trendy. Thus, only to decrease as much cheating possible, these documents have been made compulsory. Know Your Customer (KYC) method is an important function to examine customer risk and a legal need. Effective KYC includes knowing customer’s recognition, their financial activities and the danger they activate. List of documents usually accepted as a Standard Identity Proof: 1. Passport 2. PAN Card 3. Voter’s Identity Card 4. Driving License 5. Photo identity proof. 6. Bank Pass Book with photograph 7. Employee identity card of a marked company There would be many different identity and address proofs which are also accepted by variety of companies, asset management industry and as standard, but the list variety from different industry. Why KYC is popular? Know Your Customer (KYC) is a popular term for

Points To Be Considered For Education Verification

Education verification has become essential part of the job screening process. As education fraud is increasing with time. People are now content with presenting false academic credentials on their bio-data. With the increasing of diploma schools, applicants can now purchase false academic documents with authentic look. Some diplomas schools are appearance are so real that some people are actually fooled into believing that they got right academic credentials. Marking such fraud needs talent and sincerity. Points of to be considered while education verification Kind of Services delivered This entirely based on the kind of verification you like to carry out. The service must be able to work out the right kind of verification you require. Service customization Most verification companies deliver either standard service. Some also deliver customized service. Usually customized services are expensive than standard services. They also like to be more thorough. The requirement for customizat

Employment Background Check – Ensuring the Safety and Productivity

The employment background investigation aims to obtain data from the applicant to the company's vacancy from the references submitted. An employer may ask for all kinds of background information, especially during the hiring process. For example, some employers may ask questions about employment history, education, criminal records, financial history, medical history, or your use of social media on the internet. The intensity of the vetting depends on the level of responsibility inherent in the vacancy to be filled. The employer faces several potential problems at this stage of the selection process. Suppose a reasonable background investigation has not been conducted. In that case, the employer may be held legally liable for negligence in hiring. If the investigation reveals, negative information about the applicant, defamation or invasion of privacy charges may be instituted. The bosses create a true "dead end" situation. There are two approaches to providing

Employee Background Verification - An Effective Way To Save Your Business

A background check is a process a company employ to check that a candidate is who they claim to be. Background checks deliver a chance for someone to verify a person’s criminal record, education, employment history, and other activities in order to ensure their validity. When you’re applying for a job you may have to undergo a background check. Why employers run background check? Employers’ works on background checks to avoid hiring someone who may implement as a threat to the workplace or become a liability to the employer. According to a study, most of the employers carry out one or more kind of employment background examine process. An employment background check usually takes place when someone goes for a job, but can also happen at other time the employer thinks of necessary. For example, an employer may need criminal background checks for their employees to deliver a safe workplace. What information is needed to run an employment background check? To work on pre-employm

Guide for Employees Regarding Criminal Background Checks

Criminal background checks are an essential part of the pre-employment selection. To deliver a safe working environment to their employees, it is essential for organizations to arrange criminal background checks on their influential candidates. Most of the famous organizations arrange the services of a professional background testing partner to manage the checks as per their need. For smaller institution, if they are arranging the criminal background checks by themselves, it is vital for them to examine the details so that they do not recruit someone who is not capable for the organization. If you want details about India, in specific, such verification takes place through an-all complex searches of the court records. Have detailed information over the various sources from these courts: 1. District Civil Courts & Tribunals 2. District Court 3. High Courts 4. Magistrate Court 5. State Court 6. Supreme Court Objective of criminal background checks Detailed criminal record checks are