- Hot IT Candidates: Project Managers
- Hot IT Candidates: Application Support Analysts
- Hot IT Candidates: Business Analysts
- Hot IT Candidates: Senior IT Managers
- Hot IT Candidates: Database Analysts
- Hot IT Candidates: Software Developers
- Hot IT Candidates: Development Team Leaders
- Hot IT Candidates: Information Architects
- Hot IT Candidates: Market Data Analysts
CV Lying On The Increase
More in BUSINESS NEWS
back-up- 'I Have No Choice But To Report Myself To HR'
- The E-Mail That Should Have Saved Lehman Brothers
- Lehman Was 'Insolvent, Not Just Illiquid'
- 'The Too-Big-To-Fail Problem Must Be Solved'
- M&A And Capital Markets Snapshot - August 2010
- Take Part In A New BBC3 Series
- More Job Loss & Bonus News
- Lehman Was Forced Into Bankruptcy 'Based On Flawed Information'
- JPMorgan Did Not 'Cut & Run' On Lehman Brothers
- 141,000 Wall Streeters 'Disappear'
- A Brief History Of How Wachovia Fell To Wells Fargo
- Credit Traders Off To Make A Difference
- A Most Extraordinary Job
- 'We Have Been Living In A Kind Of 'Financial Groundhog Day''
- Top Firm Said To Be Paying Mid-Year Bonuses
- Who's On The Move - August 30th
- Banktown - The Rise and Struggles of Charlotte's Big Banks
- Click Here To Register For News E-Mail Alerts
- Analyst Concerned About Citi
- Merrill Lynch Shows Morgan Stanley The Way
- We Have Leaders We Just Don't Believe In
- 'Ridiculous' Goldman Traders & Their 'Pecs & Hairless Chests'
- Perma-Bear Sees Massive Stock Drop
- M&A Firms Lose Market Share Despite Surge
- Ben Bernanke - 'There Is Still Some Way To Travel'
- Outrage As Banker Victimized By Cat People
- More Hiring News
- King Of Capital: The Remarkable Rise, Fall, and Rise Again of Steve Schwarzman & Blackstone
- Some Lehman Stuff
- Wall Street Legends - The Top 38
- Citi, Credit Agricole, Royal Bank of Canada, Santander, SocGen, UBS
- Premiership Challenge - It's Not Too Late To Enter
- The Firms Which Cut The Most Jobs During Last Downturn
- Job Security League Table - How Safe Is Your Job ?
- Who's On The Move - 23rd August
- The French Make A Play For London Banks / Jobs
- Wall Street Drug Use & City Drinking
- 'I Did Not Work For That Firm, Goldman Sachs'
- Record Week For M&A Activity In August
- Where To Find The Perfect Partner - Firm By Firm Analysis
- 2010 Bonus Predictions - By Job Groupings
- The Biggest Trading Losses Of All Time - League Table
- And The Worst Bank Merger Of All Time Is.....
- The Best Book About The Financial Markets Is....
- Some Bonus Classics
- Firm 'Deceased' List
- 2009 - Firm By Firm Analysis Of Executive Pay
- Investment Banker To Exotic Dancer
- Old Traders Never Die
- The Banker & The African Queen - Episode 10
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.
Please use the 'E-Mail' button immediately under the article title to send this item to a friend.
Latest from our Highly Placed Professional: The USA's Big Stick is Broken. Until Palin Gets In... >>
