Recruitment Fraud Costs UK £24bnThursday, 18th April 2019 at 9:53pm
According to the Global Recruiter website, new research has found that recruitment fraud is costing UK organisations £23.9 billion a year.
Lying on applications, using false or fabricated documents and/or arranging false references, is allowing applicants to fraudulently secure positions as senior executives.
Costs associated with a bad hire include lost money spent on training and the recruitment process, reduced productivity, internal investigations and disciplinary proceedings, aside from any external sanctions and reputational damage.
To read the full story, click here.
(This will open in a new window, and take you directly to the original article.)