Download - Empowering employees to obtain BENEFITS EMPLOYERS · data verification drive higher profits Form I-9 Management $14 billion saved in penalties and fines Personal Loans Securing

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Page 1: Empowering employees to obtain BENEFITS EMPLOYERS · data verification drive higher profits Form I-9 Management $14 billion saved in penalties and fines Personal Loans Securing

BENEFITS EMPLOYEESYour employees can be assured that their applications forcredit, personal loans, enrollment for government assistance,etc. will be processed in a timely, efficient, and secure manner.Access to employment data to review accuracy and activity.

Timely verification,Faster decisions

Security ofpersonal data

Protectingfinancial interests

WORKFORCE SOLUTIONS

Empowering employees to obtainthe credit they need, when they need it

EmploymentStatus (active/

inactive)

Address(of employer)

PayFrequency

(hourly/salary)

InsurancePay

Increases

Rateof Pay

TenureJobTitle

SocialSecurityNumber

Tax Creditsand IncentivesReal-timeemployeescreening anddata verificationdrive higher profits

Form I-9 Management$14 billion savedin penaltiesand fines

Personal LoansSecuring student loans,personal lines of credit, etc.

Home Purchase19% of all verifications(including refinancing)

Credit CardApplication28% of allverifications

Auto PurchasePaperless documentationfor employee, information directfrom employer for dealer/lender

Affordable Care Act (ACA)Management PlatformManaging ACA compliancefor over 9 million employees

GovernmentAssistanceOver 18 millionverifications in 2014(including ACA)

*Equifax requires explicit consumer consent for release of income or salary information.Equifax is a registered trademark of Equifax, Inc. The Work Number is a registered trademark of TALX Corporation, a wholly owned subsidiary of Equifax Inc. All information is current as of 05/01/2015. © 2015 Equifax Workforce Solutions, Atlanta, Georgia. All rights reserved.

The Work Number: Data and Secure Access PointsVerifications require permissible purpose when applying for government assistance, a car loan, a new job, etc.*

BENEFITS VERIFIERSThe Work Number provides a quick and accurate response,offering valuable data to improve efficiency, quality of decisions,and fraud mitigation.

Over 47Mannual verifications

Reduces riskand fraud

Comprehensive data =better loan decisions

Learn more about how this bene�ts you and your employees. Receive a free consultation

Employees encounter life events and financial choices that require verification of employmentand/or income. The Work Number® enables an automated verification service that streamlinesthe transfer of information between employers and verifiers, ultimately benefiting the employeeby creating a secure and accelerated decision process.

BENEFITS EMPLOYERSThe Work Number is compliant with the Fair Credit ReportingAct (FCRA) and keeps employee data secure through theverification process, while also powering HR functions–savingtime and money. Over 47 million verifications completed onbehalf of employers in 2014.

100% Secure andcompliant fulfillment

Reduces verificationrequests

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Workforce analytics