Financial Services

Hiring quality workers in the financial industry is a challenge. We make it easier for financial service organizations to hire great people by identifying the problematic candidates, reduce workplace misconduct and improve quality of hire.

Request a Demo

Impact of Misconduct

Workplace Misconduct is extremely problematic and costly for Financial Service organizations.
$4.7 Trillion

Annual costs that companies spend on occupational fraud

$50 Billion

Annual cost of employee theft


Of women in Financial Services have experienced sexual harassment at work

Why Identify Candidates with Misconduct Issues?

With great power comes great responsibility.

Financial service firms are highly regulated and contribute substantially to the wellbeing of their employees, clients, as well as the economy at large. 

Hiring great people who work with integrity, a high moral compass, and for the success of your organization and clients is essential – and also hard to do. Beyond that, the cost of workplace misconduct is huge. Fraud costs nearly $4 trillion a year. Theft costs $50 billion a year. Harassment costs between $300 and $1000 per employee. Substance abuse costs $81 billion a year. And, that excludes the cost of reputational damages that companies incur once the public finds out about misconduct.

Fama compliantly searches over 10,000 sources of publicly available online and social media content to identify candidates with workplace misconduct issues. A Fama report is available many times in 24-48 hours and only provides the instances of misconduct. Request a demo today to learn more about how easy it is to incorporate a Fama report in your hiring process.

Improve Quality of Hire

A Recruiter's Guide to Quality of Hire

Learn about what quality of hire is, how to measure it, as well as the strategies and Recruitment technologies that can improve it.

Today's hiring teams are struggling to find enough candidates with the right skills -- and it's impacting the entire business. In this guide, you will get practical strategies and actionable insights you can use to assess and improve quality of hire.

You'll learn:

  • How to define quality of hire
  • What makes a good-quality hire
  • How to measure quality
  • Best practices for improving the quality of your hires

If you're looking to measure and improve quality of hire, complete the form to access our newest guide

Click To Download

Benefits of Online Screening in the Hiring Process

Online screening solutions save organizations time and money by automating candidate screening processes in a compliant way.

More specifically, our clients see benefits like: 

  • Streamlining candidate screening processes
  • Improving the employee experience and supporting existing employees
  • Reducing costs of screening talent, legal action, and replacing employees who leave
  • Improved safety and security of the organization