Question

What is/are the important role of checks? Why is there a need to secure the stability of checks?

Answer 1

As an employer, lender, or other institution, the importance of reference checks is two fold; first, they will save you money, and second, they will save you time

The importance of checks for candidates
As a candidate, whether it is a job you are applying for or a mortgage from a home, references are an indicator as to how you acted in previous situations. If you put down a former landlord as a reference on an application for a new home or a rental application, you have to make sure they are going to say good things. From paying the rent on time, to being a quiet individual that did not cause any troubles, these positive remarks are going to greatly impact the potential of you getting the apartment or loan, or possibly losing out on it.

The importance of checks for employers/lenders
It is important to check references as an employer. For example, If an individual is applying for a mortgage, as a lender, you want to know they make payments on time, have a good credit score, and are a reliable borrower. The importance of reference checks is that the references you contact, about different scenarios, can give you a great indication about the person you are interviewing or considering for a loan, and the references can help you determine if they are the best candidate or not.

Need to secure the stability of checks :

Reference checks allow a recruiter to get independent insight about a candidate’s previous on-the-job performance. It verifies the information provided by the candidate on their resume and during the interview. we can also use this information to sell your candidate to your client . For many, reference checking is just part of the process, and they don’t place much value on the information gleaned about candidates – thinking the references provided may be biased or even fake. But it is an incredibly vital part of any recruitment process, and should never slip through the cracks. Reference checks can reveal high-potential candidates who may not be the best at interviewing, and filter out the embellishers who appear amazing on paper.