What is Employee Verification?

What is Employee Verification?

Employee Verification is a service for employees that simplifies the process of applying for bank loans, mortgages and tenancy agreements etc. It allows employees to authorise their lender or letting agent to request confirmation of their income and/or employment status.

How does my organisation benefit from it? 

Employee Verification eliminates the tedious and time-consuming burden of gathering physical evidence of income and employment. Instead, the employee data is verified in real time with a secure digital service.

If you do not wish to benefit from Employee Verification, you can opt out by clicking the ‘Opt-in/ Opt-out’ switch.

What are the benefits to the employer? 

Employees no longer need to stress about locating and providing all the required information themselves.

For more information go to Employee Verification Service Factsheet attached to this article.