Two-thirds of CVs contain lies, research reveals
The importance of a thorough vetting procedure has been highlighted once again, after research by the Risk Advisory Group found that 63 per cent of CVs contain some form of discrepancy.
In an analysis of 3,000 CVs, the Group discovered that job applicants are fibbing more than ever before. Since a similar analysis in 2004, the prevalence of stretching the truth has risen by 15 per cent, onrec.com reports.
The worst offenders are those aged between 25 and 32 years. Thirty-five per cent of the ’embellishments’ originated from this category. The most common oversights related to employment history and academic background, while twelve per cent of the CVs included inflated job titles.
Although some of these discrepancies may appear minor – maybe a slightly improved GCSE result or a change in employment dates – the lie could lead to the wrong individual being hired; which is a huge risk to business. Having to repeat the recruitment process to replace a poor hire can cost thousands of pounds.
To illustrate, the report revealed some of the worst examples of falsified CVs, which included a senior compliance officer who invented details to cover up his time in prison for fraud and a candidate who created an entire website for an imaginary school, complete with fake secretary to answer calls, so that they could make up the educational achievements necessary to work for a leading bank.
Speaking about the research, Michael Whittington from the Risk Advisory Group told hrmagazine.co.uk that poor hiring decisions also wasted valuable company time: “That’s why we urge companies to balance the need to hire quickly with the need to validate the credentials of who they are hiring.”