World

More People are Going for Leasing a Car than buying a New One

Published

5 years ago

July 3, 2019

In a global survey conducted by Bigtimedaily on automobiles sales, it has been found that people are preferring leasing a car instead of buying a new one. This trend is highly popular in developing countries and people living in developed countries are also going for a car lease on a large scale. Due to this, many car leasing services have been witnessing an excellent growth.

The survey studied various regions of the world such as America, Europe, the UK, and Asia. It was seen in the survey that people who don’t have sufficient money to buy a new car are choosing the option of leasing a car from various related auto services. Car Lease Dr Brooklyn in the New York City has seen an excellent jump in the number of customers going for car leasing.

In the survey, most of the people shared that leasing gives them an opportunity to own a luxurious car at a reasonable amount. The increasing expenses in the form of children’s education, healthcare needs, and residential costs have led people to delay buying their new car. Hence, they are choosing to lease a car from a reputed automobile service. There are many situations when leasing a car seems a better option than buying a new car.

The survey also highlights that the growth of car leasing companies has taken a high jump over the last couple of years. And the figure stands between 30-35% which is really an excellent growth in this sector. With the growing need for a car in today’s time, there will be more growth in the car leasing sector in the coming time.

World

Creating Better Hiring Practices: How KENTECH Can Improve New Employees

Published

7 hours ago

September 15, 2024

Rosario Farell

Although some may think background checks are only necessary for high-security jobs like government positions or teaching roles, most employers could benefit from the additional insights that a background check provides. In addition to providing information about an applicant’s criminal history, employers can use background checks to understand their abbreviated credit history or confirm information like employment, educational, and licensure history.

Why background checks are important

Unfortunately, while one would like always to assume the best, the truth is that not everyone is telling the truth. A study by SHRM found that 31% of people admitted to lying on resumes, while 56% admitted to “stretching the truth.”

This statistic makes it abundantly clear that business leaders must not feel comfortable simply trusting prospective employees’ applications at face value. It’s better to be safe than sorry, so a background check is used to confirm important information about an applicant and help make a better, more informed hiring decision.

At KENTECH, a leading background check technology provider, the team likes to say that they help their clients hire “not just the best person, but the right person.” After all, the cost of hiring and onboarding a new employee is extensive. Indeed reports that these costs can range from $4,000 to $20,000 per new employee.

If a hiring decision is made, only for that person to not perform well in the role and have to be let go shortly after, that’s a lot of money wasted. It’s better to make sure that you are making the right decision from the beginning.

KENTECH’s revolutionary background check technology

Some of KENTECH’s cutting-edge background check technology solutions include:

● Employment Verification Program (EVP): KENTECH’s Employment Verification Program is a web-based service designed to help streamline the background check process for employers. It gives employers one location through which they can manage the entire process from start to finish. Users can order background checks and verifications and easily manage documents — all from a single, convenient dashboard.

● Report Investigative Scoring Count (RISC): KENTECH’s RISC system helps organizations quickly interpret screening results at a glance. An organization can set up the criteria that matter most to them for screenings, and each background check will be labeled with a color code corresponding to the criteria set by the business. This provides employers with a visual cue for what applications may require closer scrutiny and helps identify which candidates may be most qualified.

● Rapid Application Center (RAC): KENTECH’s Rapid Application Center technology allows applicants to input their information and order background checks themselves. This saves hiring teams time with minimal burden to the applicant. An applicant signs onto a custom-built website and enters their information so administrative staff don’t have to. Administrators then receive email notifications when a candidate posts their information and when results are returned, allowing them to sign on at their convenience to view them.

● Unified Bulk Screening (UBS): For businesses that screen a high volume of candidates, KENTECH also offers a solution called Unified Bulk Screening (UBS). Once business leaders sign into their EVP account and import a list of candidates and their required information, they can see up-to-the-minute results in their portal or opt to receive a consolidated report that displays all results at once.

However, although the primary audience of these developments is the business and its leaders, there are also some significant benefits to the candidate experience. If a background check feels obstructive and frustrating to an applicant, they may form a negative first impression of the business or even give up. The KENTECH team designed their technology to be easy to use, often able to be integrated into the application and HR management system to make the process as seamless and intuitive as possible.

Although background checks might seem like an extreme step for the average employer, with the help of technology like that offered by KENTECH, it doesn’t have to be. KENTECH’s advanced background check technology helps streamline the process, allowing employers to get better insight into their prospective employees without significantly burdening themselves or their applicants. With this, background checks can become a standard, beneficial step in virtually every job application.