KarmaCheck Press & News

On this episode of the Use Case Podcast, we have Eric Ly from KarmaCheck and we’ll be talking about the use case or business case for why their customers use KarmaCheck.

Occasionally, a company will come along that is so unique or innovative that their name becomes shorthand for the product or service they pioneered. Think of Kleenex as the common term for facial tissues, or Xerox as the shorthand for the act of making photocopies. In more recent years, no company has been subject to as much name appropriation as Uber. Having pioneered an entirely new industry in the service of building their business, “Uber” has now become shorthand for any kind of rideshare. A person is just as likely to say they’ll “take an Uber” when they’re actually going to use Lyft or another service.

Our CEO Eric Ly recently spoke with James Mackey of the Talent Acquisition Trends and Strategy podcast about the rise of AI and the struggles facing the staffing and recruitment industry.

The staffing industry needs new strategies and technology to adapt to challenging circumstances. Read more from KarmaCheck’s CEO Eric Ly in Employee Benefit News.

KarmaCheck, a first-of-its-kind company that uses candidate-centric technology to bring truth, speed, and efficiency to background checks, announced today that the company recently completed the Service Organization Control (SOC) 2 Type 2 audit, and has received a favorable report. The distinction demonstrates KarmaCheck’s dedication to maintaining the highest standards of security, confidentiality, and availability to protect customer information.

KarmaCheck, a first-of-its-kind company that uses candidate-centric technology to bring truth, speed, and efficiency to background checks, marked the beginning of 2023 by celebrating a year’s worth of company achievements that included 168% growth in total screenings along with new partnerships, integrations and executive leadership.

KarmaCheck, a first-of-its-kind company that uses candidate-centric technology to bring truth, speed, and efficiency to background checks, marked the beginning of 2023 by celebrating a year’s worth of company achievements that included 168% growth in total screenings along with new partnerships, integrations and executive leadership.

A new piece in @HRDAmerica takes a look at the reasons why and highlights data from KarmaCheck’s 2023 State of Hiring and Recruiting Report.

“Even though the market has cooled off, I don’t know that it has gotten significantly easier to find talent.” So says Rod Adams, talent acquisition and onboarding leader at PwC. “The competition for talent is still pretty stiff, and that’s probably driven by the fact that a lot of people made moves in that period of time everyone loved to call the Great Resignation. Now they’re in new environments and getting settled and are less likely to make another move. It’s making it hard to fill the open roles we have, but we have less that we’re trying to fill than we did a year ago.”

But Eric Ly, the co-founder of LinkedIn and the medical background check company KarmaCheck, says people lie on job applications all the time. “It’s really not surprising at all,” he recently told Becker’s Hospital Review. He explained that around 44% of the information listed on LinkedIn is likely untrue. People tend to indulge or simply make up important details such as where they work, what position they hold, and how long they’ve been there.

Our founder Eric Ly was highlighted in a new ScrubsMag’s article about the recent fake nurse degree scheme.

Operation Nightingale — the Justice Department initiative that discovered more than 7,600 fraudulent diplomas allowed unqualified purchasers to practice as nurses — shocked HHS, the FBI and medical professionals nationwide. Eric Ly, the co-founder of LinkedIn — and, more recently, background check company KarmaCheck — was less surprised by the news. “It’s really not surprising at all,” Mr. Ly told Becker’s Hospital Review.

Our founder Eric Ly recently spoke with Beckers HR about the recent fraudulent nursing diploma scheme and how other industries have fallen subject to misinformation.

TLNT recently covered our recent ‘State of Hiring & Recruiting’ study.

With six in ten US workers admitting they experience at least moderate levels of burnout – a figure that is up by 52% compared to the previous 12 months – it’s little wonder HR professionals have a lot on their plates right now. But, as is often the case with professionals whose job is to look after others, their own self-care is often found lacking. So is it time HR professionals actually starting recognizing (and then tackling) their own dangerously-high levels of burnout too?

When LinkedIn launched, on May 5, 2003, it wasn’t a given that it would thrive. Born during the doldrums after the original dotcom bust, it arrived at the same time as a flurry of other social networking upstarts, most of which quickly fizzled. Its emphasis on members’ professional lives rather than personal pursuits was seen by some as a strategic blunder. Even the notion of posting your résumé in public was jarringly unfamiliar and likely to be taken as an act of disloyalty.

Three in four HR professionals in Singapore have admitted to suffering from burnout at least once a month, with new findings indicating that mental health remains a neglected topic in the workplace despite recent efforts to put them in the spotlight. A survey among 150 HR professionals by Intellect and Milieu Insight revealed that 75% experience burnout at least once a month, including 41% who said they are burnt out at least once a week.

Read the full piece here: https://bit.ly/3xV9NxW

A recent study found that HR leaders in the healthcare industry are struggling to meet their goals and are suffering from widespread burnout. It’s not surprising, given the healthcare industry’s overwhelming challenges more broadly. Credentialed professionals are quitting in record numbers in the wake of the pandemic, and staffing leaders are struggling to place nurses, doctors, and administrators where they’re needed in a timely fashion.

Human Resources Director recently cited KarmaCheck’s data in a new piece about how HR leaders can navigate challenges through an ongoing talent shortage.

Read the full piece here: https://bit.ly/3Kaez1D

In this exclusive interview, Histalk2.com had the opportunity to sit down with Eric Ly, CEO of Karmacheck, to discuss the company’s mission, their impact, and what the future holds for the innovative technology startup. Eric shares his thoughts on how Karmacheck is revolutionizing the way businesses interact with customers and how they are using cutting-edge technology to ensure customer satisfaction.

Read more about our research in @TLNT here: https://bit.ly/403lNds

Read more about our survey with @Findemai in Human Resources Director here: https://bit.ly/3XjIUPg

A significant number of employers face rising issues related to their IT security, including security challenges, HR-employee burnout and struggles with performance, according to a pair of recently released studies. The first, the State of Hiring and Recruiting from KarmaCheck and Findem, said HR leaders are experiencing burnout at a high rate, with 61% saying they have considered quitting their current position.

The COVID-19 pandemic transformed how (and where) millions of people across the world worked. This created huge challenges for HR teams, and the disruption hasn’t stopped since. During the pandemic, employees started to re-evaluate what they wanted out of their jobs, and this triggered the ‘Great Resignation’. These sky-high attrition rates have challenged HR teams by putting extreme pressure on their recruitment practices and processes. In this incredibly challenging context, it is no surprise that research by Findem and KarmaCheck found that 90% of HR teams are missing at least one of their hiring goals and 71% are missing out on key hires. The main reason for this, according to the survey of 312 HR leaders in the US, which was shared exclusively with UNLEASH, is process inefficiencies and tech challenges.

Read the full article here: https://bit.ly/3k7wDi8 

As technology evolves, so must the institutions that employ it. Beginning with the growth of agriculture and its ability to sustain larger populations, humans have organized their behavior at scale into ever larger and more complex institutions directed at optimizing desired outcomes. By way of example, consider the transition that occurred when the preindustrial hand-loom gave way to the steam-powered textile factory. In pursuit of efficiency and profit, entire modes of living transformed as people moved to cities, and corporations evolved to harness their labor.

Read more here: https://bit.ly/3v02oM8

KarmaCheck, a first-of-its-kind company that uses candidate-centric technology to bring truth, speed, and efficiency to background checks, announced today a partnership with Candidate.ly that will allow Candidate.ly customers to seamlessly integrate KarmaCheck background checks into the overall applicant management system.

The Tech Talks podcast welcomes Eric Ly, co-founder of Linkedin and their founding CTO. He’s now leading his new business Karma Check. We find out how they’re using Blockchain to give power back to users.

Eric Ly is a serial entrepreneur with years of experience in launching innovative products and companies. He was the Co-founder at LinkedIn, where he worked closely alongside an incredible team to build one of the World’s most successful startups – connecting professionals online like never before! What are some ingredients for success? Currently, Eric is the CEO & Co-founder at KarmaCheck, an easier and faster background check company designed to ensure employers never miss their hiring targets again!

Kevin has over two decades of sales management experience, and we’re thrilled to have him on board.

Read the full article here: https://bit.ly/3UFmfes

The Covid-19 pandemic scrambled the business models and labor-market dynamics for many industries, but probably none as dramatically and directly as healthcare. Incredible, sustained demand coupled with regional disparities, political complications, and cultural challenges have left the healthcare industry on life support, especially regarding staffing.

KarmaCheck, a first-of-its-kind company that uses data-driven technology to bring truth, speed, and efficiency to background checks, announced that Kevin Krantz, a veteran sales executive, has joined as Head of Sales. Krantz, who recently spent 12 years in sales leadership at LinkedIn, will be responsible for driving growth and leading sales management across the organization. Krantz brings over two decades of sales management experience, including distinguished tenures at LinkedIn and AT&T. Most recently, he served as Chief Revenue Officer of Density, a leading space analytics platform for measuring and improving workplaces.

KarmaCheck, a first-of-its-kind company that uses data-driven technology to bring truth, speed, and efficiency to background checks, announced today that Kevin Krantz, a veteran sales executive, has joined as Head of Sales. Krantz, who recently spent 12 years in sales leadership at LinkedIn, will be responsible for driving growth and leading sales management across the organization.

Check it out. Eric Ly, CoFounder LinkedIn, Founder and CEO KarmaCheck, Hub, Presdo is interviewed by David Cogan famous host the Heroes Show, and founder Eliances entrepreneur community.

Staffing challenges in certain industries seem unavoidable for the foreseeable future. There currently aren’t enough nurses, teachers, hospitality workers or truck drivers to keep those businesses functioning as designed. The inflation that’s currently plaguing the global economy is one of the unavoidable outcomes.

Costly background checks — the bane of employers — may soon be a thing of the past. ZippedScript just announced that its pilot program on LinkedIn, which pings the backend computer systems of colleges and universities to verify degrees, is producing positive results. So far, 5,500 LinkedIn users have taken the firm up on its offer to add a verification badge on their profiles in exchange for having their credentials instantly verified with ZippedScript’s solution. That means that it is cheaper and faster to hire these candidates.

Nora chats with entrepreneur Eric Ly, a co-founder of LinkedIn who started a company called KarmaCheck, which uses AI to make the background check process easier for hiring managers. He details why KarmaCheck and the technology it uses is a big deal – not only for LinkedIn – but also when it comes to fighting misinformation all over the internet… even on dating profiles.

Wedge, the modern recruiting platform that makes hiring personalized,announced a new partnership with KarmaCheck, a first-of-its-kind company that uses data-driven technology to bring truth, speed, and efficiency to background checks. Together, Wedge and KarmaCheck help enhance hiring transparency.

As recruiters and talent acquisition professionals scramble to hire new talent, one of the more important but unsung aspects of this lengthy procedure—the candidate background screening often left to the very end of the hiring process—has never been more critical.

For those fortunate enough to have enjoyed an era of reasonably cheap, widely-accessible travel over long distances, the prospect of enforced immobility feels deeply unsettling. What is modern life if we work so hard but aren’t able to visit family across the country or schedule a much-needed winter break in the tropics?

KarmaCheck, a first-of-its-kind company that uses data-driven technology to bring truth, speed, and efficiency to background checks, today announced they have secured $15M in Series A funding.

LinkedIn, a social network for professionals, has been successful at getting people to share their professional and educational history. But a challenge for the network is that there is no system in place to ensure that the information is accurate, said Eric Ly, one of LinkedIn’s cofounders.