Data Privacy of Income and Employment

Checks to Ensure Privacy of Income and Employment Data

In HRchat episode 352, we look at ensuring data privacy of employees and some dos and don’ts of managing automated verifications of employment and income.

I’m joined by Bill Roy, President at Vault Verify, a company on a mission to help HR departments save time and money by providing fast and accurate data. Vault Verify is a cloud-based technology platform that helps automate the process of completing verifications of income and employment.

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Questions Include:

  • Your tech provides automated options for verification of income and employment, I-9, and unemployment claims management. Where are the big time and cost savings? Can you share stats and maybe a use case?
  • Data Privacy: Talk to me about how Vault Verify approaches and ensures data privacy requirements are met (on the corp and employee sides) and what else is happening out there in the marketplace?
  • Follow up: What are the corporate liabilities associated with mismanagement of employee data?
  • Customer satisfaction: You claim to have a 99% customer retention rate. Tell us about your approach.

More About Vault Verify

Vault Verify leverages APIs to produce a quick, easy implementation experience. Vault Verify is free to clients and Vault shares a portion of the revenue derived from commercial requesters with the client each month, making HR a profit center. The results for clients are dramatic: increased productivity, more accurate verifications, and decreased liability. And HR generates monthly revenue for other HR priorities.

 


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