As many as 30 percent of job seekers exaggerate their accomplishments, and about 10 percent seriously misrepresent their backgrounds, according to The Complete Reference Checking Book.

Thirty percent of all business failures are caused by employee theft, according to the American Management Association and U.S. Chamber of Commerce.

The average award in a workplace violence lawsuit is more than $1 million per case, according to the Workplace Violence Research Institute.

According to an article on MSNBC.com, national criminal records databases have a 41 percent error rate.

On-the-job violence costs employers $36 billion each year, according to the Workplace Violence Research Institute.

According to Recruiting Times, it costs $7,000 to replace a salaried employee, $10,000 to replace a mid-level employee and $40,000 to replace a senior executive.

During the past three years, nearly 40 percent of human resources professionals reported an increase in the amount of time they spent on reference checking, according to the 2005 Reference Checking Survey released by the Society of Human Resources Management.

Nearly 33 percent of job applicants list employment dates that are inaccurate by three months or more.

On average, at least half of all new hires “don’t work out,” according to Fortune.

Nearly 10 percent of job applicants have a criminal record.

According to The Wall Street Journal, 34 percent of all applications contain outright lies about experience, education and ability to perform essential job functions.

Thirty-three percent of all applicants admit to being tempted to steal from an employer, according to Security Magazine.

Nine percent of job applicants lied about college degrees, listed false employers or said they held jobs that didn’t exist, according to Resume Inflation: Two Wrongs May Mean No Rights.

According to the Workplace Violence Institute, negligent hiring costs U.S. businesses more than $18 billion annually.

Go Directly to the Source

Call Click Chat

Credit Report Information

A reporting agency, such as Validity, cannot alter information or change the format of a credit report. We know the data and terminology often can be difficult to understand. That's why we provide extensive training and ongoing support to our clients. Having the tool is useless without knowing how to use it.

Below are the three consumer credit report companies that provide credit information:

Free Credit Reports

Validity recommends you review your own credit report annually to ensure you are not a victim of identity theft. To receive a free copy of your report, visit www.annualcreditreport.com.