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Why Invest in Employment Verification?

A vital part of the hiring process is pre-employment screening, where companies determine the truth of what is on a person’s resume and other details about their background.

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A vital part of the hiring process is pre-employment screening, where companies determine the truth of what is on a person’s resume and other details about their background. This process is known as “Employment Verification.” It is critical for companies who want to ensure they are hiring the most qualified and experienced professionals possible.

While most businesses have screening measures in place, these practices can vary from in-house, extensive background checks to outsourced third-party verification. For a business, it’s worth asking: What is better to invest in, an entire in-house team or a third-party provider?

In-House vs. Third-Party Verification

Pre-employment screenings investigate a person’s employment history, job titles, education, and other topics of interest. The wisdom of investing in an in-house or third-party verification depends on multiple factors.

An in-house screening conducted by the HR department can have many advantages over outsourcing. For one, there’s no queue or delay in starting the screening process. In-house verification can also lower the costs, at least for large corporations. But for small and medium businesses, the cost of staffing a full-time verification team can be unreasonable.

A third-party employment verification provider completes advanced fact-checking for employers. This service assures would-be employers that their prospective hire is top-notch. Businesses that perform this service charge reasonably little for their work, often only charging a low, flat rate per employee researched. Cost differences may also arise for someone who wants to do more thorough background checks or bulk background screening. Companies that perform these verification procedures can also conduct more in-depth research for high-profile or high-risk jobs that may require a security clearance.

How Screening Impacts the Bottom Line

Whether to screen employees for criminal history or to confirm their professional history, background checks are prevalent in the US and abroad. But is it worth investing in more rigorous procedures for your company?

Background checks are one aspect of employment verification that gives an employer peace of mind. With issues like criminal history and drug screenings taken care of, employers and HR managers can focus on other aspects of the hiring process.

Another reason for a hiring manager to hire a third-party provider is to remain competitive. Businesses worldwide are vetting their would-be hires with critical lenses by studying their resumes and performing tasks like transcript translation and verification. These measures are part of efforts to improve the quality of their hires and meet the demands of a global workforce.

Beyond being part of safeguards to protect their workforce, rigorous screening practices also assuage concerns for clients and other investors. They provide an assurance that only the best and brightest are in their offices and that they are all working towards the same goal.

Final Thoughts

Investigating the history of would-be hires is an important task. This work improves the safety and morale of a workplace. Whether you hire in-house staff or third-party professionals, high-quality screenings are crucial. Either way, it’s a part of the hiring process worth investing in—your clients and employees will certainly appreciate your efforts!

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

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FG Moves to End Stagnation in Nigeria Immigration Service (NIS), Promotes 13,977 Officers

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The Federal Government has taken bold steps to end the issue of stagnation in the Nigeria Immigration Service (NIS), through the appointment of 15 new Assistant Comptrollers General (ACGs), and the promotion of 95 officers to the rank of Comptroller.

The appointments were announced by the Secretary of the Civil Defence, Correctional, Fire, and Immigration Services Board (CDCFIB), Ahmed Ja’afaru, during a decoration ceremony held in Abuja on Friday.

Ja’afaru described the appointments as a historic one, noting that it was the first time in the Immigration Service that such a large number of officers had been promoted.

He recounted how the lack of available vacancies in the service left many officers stagnant in their positions for over ten years.

However, he announced that the current administration has taken steps to address the issue.

Ja’afaru stated, “This is the first time in the NIS that such a large number of officers have been promoted.

Many had remained in their positions for as long as 10 years due to a lack of available vacancies. This issue of stagnation has now been addressed under the current leadership of the Minister of Interior.”

The board secretary gave a breakdown of the promotions and appointments.

According to him, five officers were granted special promotions following their outstanding performance, while one officer bagged a promotion after completing a project that would have incurred substantial costs for the NIS.

Other promotions included 6,697 officers, who were promoted from Assistant Superintendent of Immigration II (ASI2) to ACG, and 7,280 personnel promoted from Immigration Assistant II (IA2) to Inspector of Immigration (II).

Speaking further, Comptroller General of the Immigration Service (CGIS), Kemi Nandap, stated that the 2024 promotion exercise is a mass promotion that reflects the service’s dedication to rewarding excellence and fostering a motivated and capable workforce.

She noted that these officers are prepared to face challenges.

Nandap said, “Stagnation is now a thing of the past in the NIS. This has been made possible by the Civil Defence, Correctional, Fire, and Immigration Services Board (CDCFIB) under the leadership of the Honourable Minister of Interior, Dr. Olubunmi Tunji-Ojo.”

“The 2024 promotion exercise is historic, with 13,977 personnel promoted. This mass promotion sends a strong message about our dedication to rewarding excellence and fostering a motivated and capable workforce, prepared to meet the challenges of a modern world.”

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FG Distributes 2,000 CNG-Powered Tricycles to Youths in Abuja to Mark Independence

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Forex

The Presidential Compressed Natural Gas (CNG) Initiative, in collaboration with the Federal Ministry of Youth Development, has announced the delivery of 2,000 CNG-powered tricycles to youths in Abuja, the Federal Capital Territory (FCT).

At the flag-off event, held at the Old Parade Ground in Abuja on Tuesday as part of activities to commemorate the 64th anniversary of Nigeria’s Independence, the Project Director of the Presidential Initiative on CNG, Michael Oluwagbemi, addressed the youths present.

Oluwagbemi revealed that the tricycles were assembled in Nigeria at a factory in Shagamu by a team of over 50 Nigerian youths who have undergone the necessary training.

He emphasized that the initiative is fully dedicated to delivering on the promise of President Tinubu.

The director also highlighted the numerous job opportunities that will follow the initiative, including operations and maintenance.

“I’m pleased to announce that we are here to deliver on Mr. President’s promise and to hand over 2,000 CNG-powered tricycles that will begin to form the bedrock of this revolution.

“These tricycles you see here are not just here to be used in Nigeria. They are also wholly assembled in Nigeria at a factory in Shagamu. Over 50 young people were trained in the last three weeks and are putting together these CNG tricycles, and many more of them are coming,” he said.

“Beyond the tricycle assembly, we expect that with this delivery, thousands of youths across our country will be employed not just in the operations of these tricycles, but also in the maintenance and efficient deployment of these tricycles across Nigeria.

“It represents a very small step toward delivering a future powered by gas, which ensures Nigeria’s development and transforms a resource we are abundantly blessed with—but currently waste—into something that creates wealth and jobs for all Nigerians.”

The Minister for Youth Development, Dr. Jamila Bio-Ibrahim, said the tricycles will help tackle the transportation challenges currently facing the country.

She also noted that the intervention is aimed at bringing great relief to Nigerians.

“These tricycles will go a long way in easing the transportation challenges faced by our transporters and citizens across the country. In this crucial time of economic reforms, this intervention will serve as a great relief to our people, demonstrating the administration’s dedication to the quality of life for young people,” she said.

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Apply: Oyo State to Commence Recruitment of 791 Civil Servants on October 7

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Governor Seyi Makinde of Oyo State

The workforce in Oyo State is set to receive a boost as the Governor Seyi Makinde’s government rolls out plans to recruit 791 new civil servants into the mainstream service.

This was made known by the Chairman of the State Civil Service Commission, Alhaji Kamoru Aderibigbe, on Wednesday, during a press briefing in Ibadan, the Oyo State capital.

Aderibigbe gave a detailed breakdown of the recruitment, which according to him, will comprise of 230 education officers and 561 other positions.

The chairman of the commission revealed that this recruitment, which will commence on October 7 to October 11, would represent the largest intake into the mainstream civil service in the past twenty years.

He advised interested candidates to visit the state’s job portal at www.jobportal.oyostate.gov.ng to apply.

He noted that all university and polytechnic graduates must possess NYSC discharged certificates or exemption certificates.

While applicants into offices requiring a degree must be university graduates, Aderibigbe revealed that applicants into positions that require Higher National Diploma certificate must be polytechnic graduates with a minimum of lower credit.

The Chairman said, “Applicants into cadres requiring a degree must be university graduates with a minimum of second class honours division, while applicants into cadres that require Higher National Diploma certificate must be polytechnic graduates with a minimum of lower credit.

“All university and polytechnic graduates must possess NYSC discharged certificates or exemption certificates as at the time of the recruitment process.

“Equally, applicants into cadres requiring the Nigeria Certificate in Education must be graduates with a minimum of merit,” he said.

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