Credit Crunch Leads to Greater Dishonesty on CVs
Summary
London, United Kingdom, August 01, 2008 --( A study by city pre-employment screening firm Powerchex found that 17% of all applicants to the financial services lied on their CV, up by one third from last year.“A perceived greater difficulty in obtaining a job in the current economic climate has led to a predictable rise in the number of people willing to exaggerate their achievements” says Powerchex MD Alexandra Kelly, One in five potential brokers were found to have lied on their CV, the highest rate of all sectors.It compared trends in embellishments and false information including: professional qualifications, criminal records, university degrees, job responsibilities, employment histories and dates.For example, applicants from lower ranked universities were found to have a much higher embellishment rate than those who attended top academic institutions.Greater pressure to meet responsibilities at home also has an impact.It compared trends in embellishments and false information including: professional qualifications, criminal records, university degrees, job responsibilities, employment histories and dates.The survey was carried out by the Shell Technology and Enterprise Programme (STEP) on behalf of Powerchex Ltd, a London based pre-employment screening firm.