Why Hiring CEOs And CXOs Has Become Much More Grueling Than Before
BANGALORE: Being the CEO or CXO of a company is a huge responsibility. Around your decisions and on your shoulders the company depends or some of its branches. So the person to seek this responsibility needs to be the one who has in him what the position demands.
The selection process for candidates from outer firms has become pretty tough as he needs to go through different sorts to test and interviews only to see if he is suitable for the position or not.
As this is not enough, companies also dig into his past professional life to evaluate if his record is clean or tainted anywhere with some sort of embezzlement.
Some companies claim that this sort of checking is necessary as they are vesting him/her with the company’s power and no black mark should reflect on the company because of their issues.
Enquiry carried on the candidate is detailed in two phases, the first one involves checking the credentials presented in the interview for the professional check to experience and any other office issues. The second one is behavioral check as to whether his vibes involve any illegal deeds, record of success in his previous station, felonies, integrity, use of intoxicants and bad conduct.
Like this it is checked some checks probe more by checking the databases for his/her credit records through CIBIL and also checking in the local police stations for previous record.
This checks are so important that companies spend 25,000 to 5 lakh, which includes hiring private investigators to litigate his background and others. As companies cannot handle a setback after his/her inclusion in the office.
The credit checks are verified through two phases, first to ask the candidate of his financial details and second to interview miniscule associations with the person from his personal relations to drivers.
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