Employers go beyond reference check before hiring

In order to ensure a perfect match between the job and the candidate, more and more employers are now going beyond a basic reference check and deploying a variety of tools to verify their antecedents.

“A decade ago, reference check of candidates used to be quite basic but from last five to six years, it has been observed that most global and large organisations are very conscious on checking candidate’s antecedents, which is deeper than a reference check”, said Sunil Goel, Director, GlobalHunt, an executive search firm.

“These reference checks are very popular in big MNCs but even large Indian conglomerate and mid-size organisations are also opting to this as they want their businesses to be managed by reliable people”, he said.

Apart from education, duration of employment, Key Result Areas (KRA), team size, achievements and compensation are very important factors to be checked, he said.

The need for deeper checks has assumed importance as it had become quite common for candidates to give references of friends by claiming them as their bosses, he said. Candidates sometime “claim their colleague’s achievements as their own and overall they try to give a rosy picture which misleads future employers”. It was found that professionals from small and mid-size organisations generally claim that their responsibilities included managing operations in India as well as in the SAARC region. Whereas on verification, one gets to know that the company’s business in other SAARC countries is either negligible or it has presence in one or two countries only, says an executive of a leading hiring firm.

Most of the time, people at the leadership level claim that they launched a particular product/service or they came up with a great idea. On assessment, one finds that they were just a part of the process for launching product/service.

In 30 to 60 minutes interview, a recruiter gets only a basic view. Well spoken people usually crack interviews and most of the time, evaluation process revolves around CVs. On job performance is not assessed and truth identification is left.

So to counter this problem, companies are now verifying basic facts, doing an in-depth assessment of KRAs and are also going for discreet reference checks from industry people for present job profile of a prospective candidate.

Earlier reference checks were confined to education, employment duration, compensation and general feedback, but now it was much more than that, the executive said. Firms are now focusing on KRAs which details the exact responsibilities that a candidate handled in previous jobs.

VIRUS WARNING !!

Felt this worth passing along. With Christmas coming up, I can see where this could be a real problem.

The newest virus circulating is the UPS/Fed Ex Delivery Failure. You will receive an e-mail from UPS/Fed Ex Service along with a packet number. It will say that they were unable to deliver a package sent to you on such-and-such a date. It then asks you to print out the invoice copy attached.

*DON’T TRY TO PRINT THIS. IT LAUNCHES THE VIRUS!*

Pass this warning on to all your friends work and home. This virus has caused Millions of dollars in damage in the past few days.

Snopes confirms that it is real:
http://www.snopes.com/computer/virus/ups.asp

RBI to issue coins on Rajendra Prasad, Tagore

The Reserve Bank of India (RBI) today said that it would issue new Rs. 5 coins to commemorate the 125th birth anniversary of the country’s first president Rajendra Prasad and 150th birth anniversary of Nobel laureate Rabindrnath Tagore.

“The RBI will shortly put into circulation Rs. 5 coins with themes ’125th birth anniversary of Rajendra Prasad’ and ’150th birth anniversary of Rabindranath Tagore’,” RBI said in a statement.

The coins commemorating both the doyens would be circular in shape and have a diameter of 23 millimeter, it added.

The existing Rs 5 coins will continue to be in circulation.

Wi-fi in homes can be hacked in five seconds

Wireless internet networks in millions of homes can be hacked in less than five seconds. The wi-fi hacking means criminals can spy on the activities of families, perhaps stealing their identity and banking details to raid their accounts, says a new study.

The hackers could also use the wi-fi access to tap into illegal pornography or upload and download stolen music and movies without being traced. An ‘ethical hacking’ experiment in six cities, using freely available software, found almost 40,000 home wi-fi networks at high risk, reports the Daily Mail. Separately, there are concerns about the security of those who use free wi-fi networks offered by coffee shops and other businesses.

The study, commissioned by card protection and insurance firm CPP, highlights a cavalier attitude to keeping data safe. According to the findings, nearly a quarter of private wireless networks have no password attached, making them accessible to criminals.

CPP fraud expert Michael Lynch said, ‘We urge all wi-fi users to remember that any information they volunteer through public networks can easily be visible to hackers.”

Email virus attacking servers across the world…

An e-mail virus has launched a “phishing attack” on servers across the globe, including those at ABC, NASA, Comcast, and Google and possibly US Department of Homeland Security (DHS).

The virus, called “Here You Have” or VBMania, is a Trojan Horse that arrives through e-mail in your inbox with the suggestive subject line “here you have,” and the body message “This is The Document I told you about, you can find it Here” or “This is The Free Download Sex Movies, you can find it Here,” reports Fox News.

Leading virus monitors such as McAfee Labs and Symantec are investigating the virus threat, which launches a program on selecting the link in the message, and spams the virus out to everyone in the address book.

“It’s a phishing attack — when you click on the link in an e-mail it goes into the address book. It was clogging a bunch of e-mail and that’s it….It’s too early to say how sophisticated it was, but a number of companies and agencies were affected,” officials said.

It was especially challenging to monitor this particular virus, as it appeared to be replicating in several forms, noted McAfee’s experts.

IT exemption limit to be raised to Rs. 2. lakh

Come next fiscal, all taxpayers will have something to cheer about as the Union Cabinet on Thursday approved the
long-awaited Direct Taxes Code (DTC) Bill under which the government has proposed to hike the income tax exemption limit to Rs. 2 lakh from the existing base of Rs. 1.6 lakh.

The Bill, which also seeks to remove surcharge and cesses on corporate tax as a measure of providing relief to industry while simplifying taxation norms, is expected to be tabled in Parliament during the current extended monsoon session and referred to a select panel of members of both Houses for vetting.

Speaking to the media after the Cabinet meeting, Finance Minister Pranab Mukherjee indicated that the basic exemption limit for income tax is proposed to be raised to Rs. 2 lakh from the current Rs. 1.6 lakh. As for the new tax slabs, he said: “That will be discussed in Parliament.”

Although exact details are not available, indications are that an annual income of Rs. 2-5 lakh would attract a tax rate of 10 per cent while those in the Rs. 5-10 lakh category would have to pay 20 per cent and above Rs. 10 lakh at 30 per cent. As of now, senior citizens and women are likely to get some additional relief in tax slabs.

Explaining the purpose of the DTC Bill aimed at replacing the archaic Income Tax Act, 1961, Mr. Mukherjee said: “The whole objective is that a plethora of exemptions will be limited. [Income] tax slabs will be three. Rate of taxes will be taken in the schedule so that they need not be changed every year.”

National registry for licences in 6 months

NEW DELHI: Detection of fake driving licences and tracking stolen vehicles will now become easier with the road transport ministry giving finishing touches to its ‘transport project’ under which a national registry of all driving licences and vehicles registered in the country will be established.

This registry will be accessible to all states and road transport offices (RTOs) across the country for quick verification, in the next six months.

With this, holding forged or multiple driving licences of different states, which had earlier helped drivers booked for violating traffic norms — sometimes, even involved in fatal accidents — to evade prosecution and resume work in another state a thing of the past. Sources in the ministry said that the process of establishing the online national register and migration of the states’ database to the central pool would be completed in the next six months. An official document claims that already 100% computerization of the data and connectivity has been achieved in 23 states. Out of the 990 RTOs, 919 have already been completely computerised.

“Though the facilities are already there in place in case of individual states, but the question is whether these are accessible to others. Once the national registry becomes operational, it will put an end to several deficiencies in the system,” said a ministry official.

He added that with the information available online, the RTOs can verify the facts about persons applying for driving licences. “It has been observed that that many people having commercial driving licences have more than one driving licence. So, when they are caught for offences or are booked they simply shift their base and start driving vehicles with the other licences they already have, in another state. The national registry will put an end to this. This will also help an employer hire new drivers after verifying their credentials,” said S P Singh, a senior fellow with the Indian Foundation of Transport Research and Training (IFTRT).

The entire IT-based system will also leave no scope for officials to commit any error. Sources said that once the head count is there, getting a driving licence will be difficult.

Under this system, the information captured at the RTO level will entirely go to state consolidation registry (SCR). Selected data from the SCR will be replicated to the state register, which will work as a repository at the state level providing information to the transport department, RTOs, automobile dealers and police department.

Finally, the data from state register will flow to the national register. The national register will provide information to the department of road transport and highways, RTOs, inter-state check posts and the police for quick verification of documents and information.

Early treatment lowers death risk 75%: Study

NEW DELHI: New WHO guidelines released on the sidelines of the International AIDS Conference that kicked off in Vienna on Sunday said the earlier anti-HIV treatment started, the better.

A randomized trial from Haiti — the first comparing earlier therapy with deferred therapy — found early treatment reduced the risk of death by 75% and the rate of new tuberculosis diagnoses by half. The finding has been reported in the latest issue of the “New England Journal of Medicine”.

The study showed that deferred treatment resulted in a 69% increase in the risk of death, compared with therapy started soon after diagnosis. Antiretrovirals can reduce levels of HIV to below detectable levels but cannot eradicate the pathogen completely.

According to WHO guidelines, which is also followed by India, when the CD4 count in the infected person’s blood falls below 200, the patient is to be put on the life-saving ART drugs. Normal CD4 counts in adults range from 500 to 1,500 cells per cubic mm of blood.

CD4 count also shows how far AIDS has advanced (the stage of the disease), and helps predict the risk of complications and debilitating infections. According to Daniel Fitzgerald from the Weill Cornell Medical College in New York, the latest finding supports previous observational evidence that starting treatment while the immune system is still relatively robust can save lives.

New guidelines say that treatment should be started when a patient’s count of CD4-positive T cells falls to even 500 cells per microlitre of blood, according to Melanie Thompson of the International AIDS Society’s guidelines panel.

Visa’s new credit card to stop online frauds

London: The new Visa CodeSure card is of the same size as a conventional credit card but features a miniature
keyboard and screen. It is used to generate a constantly changing series of unique security passwords required to authorize purchases over the Internet, the ‘Daily Mail’ reported.

Head of Innovation at Visa Europe, Sandra Alzetta, said: “This exclusive Visa solution is an extremely convenient way to bring a similar level of security to payments online as we now enjoy on the high street.

“The solution goes beyond online and remote shopping but also allows organisations to use the card in place of other online log-in systems to access.”

The card includes a 12-button keypad, a screen and a battery that will power the security system for three years.

The user will input their PIN on the keyboard, which will then generate a unique password, including letters and numbers, that will be typed into the web shopping store to approve a purchase.

The card can only be used by a person who knows the PIN and it will generate a new password each time an Internet purchase needs to be authorised.

Visa said the same card can be used to generate secure passwords to allow customers to access their online bank accounts. This avoids using the same password all the time.

Visa has worked on the card with Emue Technologies and has conducted trials in the UK, Italy, Israel, Turkey, Switzerland and Germany.