Effectively retaining employees is critical for business success. So how do you ensure you’re hiring talent that will stay committed and be productive members of the team? By making the most informed hiring decisions possible. 

Make smarter hiring decisions with Equifax’s Pre-Employment Verifications

Leverage authentic, employer-provided data from our unique database, The Work Number®, for deeper insight into the validity of information provided on an employment application.

• Easily confirm job status without contacting an employer

• Review all relevant experience from previous employers

• Detect inconsistencies and omissions in self-reported information

Join others who’ve achieved higher employee retention rates

We sampled 1,800 organizations across 18 industries, with at least 500 new hires over a two-year span. Those with Pre-Employment Verifications data had higher retention rates of:

You could save millions on overall hiring costs

For example, a national retailer with a 4.7-month hourly hire tenure at $500 per hire could realize a 3% retention improvement with Pre-employment Verifications. That means their required hire volume could decrease, dropping from 168,000 to 156,000 employees – that’s a savings of $3.8M!*

Conduct Pre-Employment Verifications with Equifax in your hiring process to make more informed decisions and improve employee tenure. To learn more about Pre-Employment Verifications from Equifax Workforce Solutions, download the full PDF or contact us.

Resources:

* Based on Equifax proprietary data on average retail tenure realized by organizations conducting Pre-Employment Verifications, fueled by The Work Number