
Startup founder claims his company lost Rs 2 lakh after hiring candidate who faked his salary, experience
Zee News
Giving a breakdown of the cost, the startup founder said, his office spent Rs 1.35L on the employees salary for 3 months, Rs 40K on training and Rs 25K on replacement hire.
New Delhi: A startup founder has claimed that his company lost Rs 2 lakhs after hiring a candidate who made false statements on his resume.
Ashutosh Gupta, Chief Business Officer at Praper Media said on LinkedIn that the company did not perform background verification of candidates earlier as it was smaller. During that time, they hired candidates based on interviews and intuition. One such applicant was Chirag who exuded confidence and experience and claimed to be earning Rs 40K in his last job. Thus, the office offered him a Rs 45K salary.
Gupta said that in two months something happened that raised concern about Chirag. The office had assigned the employee a reaction video edit which he took two days to complete and the output was unsatisfactory. Gupta said that Chirag's claim of 3 years of experience and Rs 40K salary in the last job did not match the task he performed.
When Gupta's office contacted Chirag's former employer for verification, they discovered that he was earning Rs 25K instead of Rs 40K. He had also not resigned but was fired for poor performance.
Gupta said that the office spent Rs 1.35L on Chirag's salary for 3 months, Rs 40K on training and Rs 25K on replacement hire. The company suffered a total loss of Rs 2 lakhs, Gupta said.

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