CV Lying On The Increase
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- John Thain's Wharton 'Lying' Speech (08/10/2009)
A recent survey undertaken by London-based pre-employment screening firm Powerchex, took into account 4,735 applications for jobs in the financial sector made between June 2008 and May 2009. These applications were screened for hidden criminal records, hidden CCJs or bankruptcies, and lies about academic records, professional qualifications, employment responsibilities and employment dates.
And here's a summary of the findings:
The number of candidates whose CVs contain a discrepancy increased this year to 19% - its highest level for three years.
Nearly all kinds of companies within the financial sector saw an increase in the number of applicants with discrepancies in their applications. The largest increase was in the IT sector.
Brokers have a disproportionately large number of candidates applying to them with hidden criminal records.
There has been a six-fold spike in the proportion of candidates with undisclosed CCJs and bankruptcies since last year.
Women were more likely to have a discrepancy on their CV than men.
This year there was a sharp increase in the number of under-21 year olds with discrepancies on their CVs.
Candidates educated in the state sector are 25% more likely to lie on their CV than those educated in the independent sector.
University graduates are more honest than non-graduates.
The better the university a candidate has attended, the less likely they are to lie on their CV. Less than 10% of candidates who graduated from Oxbridge had a discrepancy on their CV, while 24.8% of candidates from universities outside the top 100 had a discrepancy on their CV.
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