The number of CV mistakes and blatant candidate lies are on the rise, according to a new report.
The inaccuracies have increased from 63% to 70% in the last year, according to the Risk Advisory Group’s report. 5,500 CVs were analysed.
“A growing number of people are applying for jobs with inaccurate CVs,” Michael Whittington, Head of Employee Screening at the Risk Advisory Group, says. “Some discrepancies may be genuine slip-ups, but others are deliberate attempts by job seekers to deceive employers in order to get ahead.
“The repercussions of making the wrong hire can be huge. It can cost a company time, money and, potentially, its reputation if things go awry. And with organised crime and insider fraud on the rise, it can also leave a business exposed to infiltration by rogue candidates, leading to data hacking and security breaches.
“That is why we urge companies to validate the credentials of all potential hires in advance, thereby avoiding costly mistakes further down the line.”
The report also revealed that millennials are the worst CV offenders. Candidates who were between 25 and 32-years-old accounted for 38% of all discrepancies. Interestingly, younger jobseekers between the ages of 18 and 24 were only associated with 12% of the inaccuracies.
Additionally, the report revealed some of the worst CV-lying offenders.
For instance, one candidate claimed to have obtained a degree from a prestigious English university. Yet, not only had he failed to achieve the qualification, he had been expelled from the university
A second jobseeker claimed to have not just one but two MBAs, when he actually had none. The first was from a ‘fake’ university, the second was supposedly obtained in India where he had only completed a small fraction of the assignments and exams required
A third candidate going for a key compliance role failed to disclose a County Court Judgement for more than £40,000 – despite having declared no debt in his name
A fourth applicant claimed to have been employed for three months, and resigned for a better opportunity. In reality she had been employed for only three days, and simply stopped showing up for work without any explanation
A fifth candidate who’d run her own restaurant was asked to provide a reference. Instead of offering one, she told the recruiter to Google a newspaper clipping with feedback from diners and a photo of her. Her failure to provide an acceptable proof of employment meant that her job offer was swiftly withdrawn.
However, the Risk Advisory Board is not the first to highlight lies on CVs. CareerBuilder revealed in August that 56% of employers have found a lie on a resume.