Introduction
UAN stands for Universal Account Number, allocated to every employee by the provident fund organisation. It is a mandate that companies with a team volume of more than 20 employees should register themselves under the EPF & MP Act 1952. To secure employees’ future financially, the government came up with the idea of a provident fund. Corporate companies always verify the UAN number of their employees to ensure employment history. In multiple verification cases, BGV vendors find out that candidates were doing double employment, which is a breach of the employment agreement. Most employers always opt for some basic BGV services such as employment verification, reference check, criminal record check, and address check, but they do not opt for a UAN employee background check. In the corporate world, dual employment is a clear violation of trust, and employment verification is not enough to verify dual employment cases.
What is UAN number verification?
UAN number verification means verifying whether an employee is doing dual employment or not by verifying provident fund history. For candidates, it is very easy to clear all the interview rounds; that does not mean the employer is hiring an honest candidate; it just proves that you are hiring a talented candidate. Hiring an honest candidate is more valuable than hiring a talented one. UAN verification provides a sense of security, which is necessary while hiring an employee. The UAN check verifies the monthly provident fund history, which ensures whether the candidate was working in two different companies at the same time or not. To make a wise onboarding decision, a thorough BGV process is vital.
Step-by-Step Process To Perform UAN Verification Online On Employees
All the background verification vendors use the same process to verify the UAN to maintain the quality of verification and provide the timely report. In the steps below, we can understand how any BGV company processes UAN verification Online:
- A document verification company first collects all the required documents from the candidates or from the hiring team.
- After the collection of documents, the BGV team sends all the documents to the dedicated verification executive.
- The verification executive validates all the documents and verifies each piece of information, then creates reports to share with the quality check team.
- The quality check team re-verifies the report to ensure 100% accuracy, then sends the final report to the client servicing team.
- The client servicing team shares the final report with the clients in an encrypted system to protect the confidential information.
How does a UAN employee background check benefit organisations?
Every company wants a reliable team that can help in order to uplift growth. To prevent unwanted market entities that can cause harm to the brand’s value, UAN verification is vital. Dual employment is a very common problem, which is a clear breach of the employment agreement. A provident fund is a way to protect employees’ financial future, but some people take undue advantage of the process. Employers in India process important verification services such as employment verification, address verification, reference check, and criminal record verification, but they do not opt for UAN number verification. As professionals, it is our responsibility to protect our corporate spaces from anti-social entities. UAN check is a mandatory verification service that comes under compliance policies.
Conclusion
UAN number online verification is a fast process that makes the onboarding secure. To protect the organisation from external unwanted entities that can harm the financial health of the company, UAN verification is vital. An employee with an unstable financial situation cannot give their full attention to their work, which can affect the operational efficiency of the production. UAN number verification is vital to check if an employee is giving his full attention to the current employer or not. A team of honest and responsible working professionals can uplift growth rapidly.
FAQs
1. What is UAN number verification?
Ans. Universal Account Number verification is a process of verifying employment history by PF history.
2. Why do companies perform employee background checks?
Ans. To ensure that the organisation is hiring a trustworthy employee, UAN verification is vital. Any business needs the full attention of the team to grow; that is why employers perform UAN number verification.
3. How does the UAN number verification process work?
Ans. As a first step, we need all the required information, such as name, phone number, and UAN number; then we can process this information on the EPFO portal.
4. Why is an employee’s UAN verification vital for an employer?
Ans. To protect the organisation from fraud, UAN verification is important. Sometimes candidates do dual employment, which is a clear breach of the employment agreement.
5. What is the turnaround time for employee UAN verification?
Ans. UAN employee background verification only takes 24 hours to complete. UAN check is one of the fastest verification services.
