professionals. It was developed to address a key industry issue: the inefficiency, inconsistency and vulnerability of the traditional phone-based reference checking process. With hundreds of reference checks passing through the platform every day, Xref is confident the solution it offers clients helps to tackle reference checking pain points and helps clients understand their industry, market, their talent pool, and the solutions available to them.
The Recruitment Risk Index: Australian Candidate Perspective surveys 1,000 Australian job-seekers to explore their attitudes towards the reference checking process.
The Recruitment Risk Index draws attention to four key areas of concern for HR managers and recruiters:
The survey also revealed a number of alarming statistics, including:
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Advancements in technology and data collection in recent years mean that good-quality data has become the minimum requirement for business processes. The findings uncovered in the Australia-wide sample survey demonstrate the real need for improved efficiency in recruiting to avoid candidate fraud, hiring based on inaccurate data and ultimately, money wasted on critical stages of the hiring period.
The number of respondents admitting to deceiving potential employers during the hiring process is representative only of those that were willing to admit to the behaviour. The likelihood is that the number of people actually doing these things is significantly higher. Businesses which are not arming themselves with solutions to protect themselves from this risk are exposed.