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Level of education is commonly used to determine appropriate salary. Education is also considered when making a decision to promote or hire. Therefore, failure to verify education can negatively impact turnover rate by hiring people that lack the qualifications for the position and financial performance by inflating salaries. Also, Education is one of the areas people tend to embellish on applications based on an article written in HR Magazine.
"Verify all licenses and degrees: One of the most common deceptions on resumes and job applications is claiming to hold a degree that was never conferred or a license never issued." (HR Magazine Nov, 1996)
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