Domino Effect: a cumulative effect produced when one event initiates a succession of similar events
The presence or absence of resume fraud creates either a significant negative or positive domino effect in your hiring process. Your ability to detect it early greatly affects the risk you have in your candidate pool. You need the ability to hire transparent candidates that are less likely to result in bad hires.
A NEGATIVE DOMINO EFFECT comes from not knowing early which resumes are likely fraudulent. Once your interview pool contains high risk for a bad hire, it kicks off a negative domino effect from which it is difficult to recover. Interviewers have to be more skeptical, transparent candidates are competing with those who are fraudulent, and background checks don’t surface most resume fraud issues.
Generally there is only a 50% chance of hiring a candidate who was actually a match.
A POSITIVE DOMINO EFFECT comes from knowing early which resumes are likely fraudulent. When you begin with an interview pool that is low risk for a bad hire, it kicks off a beautiful and efficient domino effect. Interviewers can trust what they see, transparent candidates compete on even terms, and the background check is very unlikely to surface any resume issues.
Clearspeed can provide a greater than 95% chance of hiring a candidate that was actually a match.