EVEN A SINGLE UNRELIABLE EMPLOYEE CAN POTENTIALLY CAUSE YOUR BUSINESS IRREPARABLE DAMAGE!

Adam Milo – A leading Global HR-Tech solutions provider, with more than 50 years of experience in the field of pre-employment and talent assessment, talent acquisition and development, and Integrity testing. Veritas, the advanced online assessment platform developed by Adam Milo will mitigate the risk involved in recruitment of unreliable and counterproductive employees to the company. It is a:

• Sophisticated and innovative risk management tool designed to assess the risk candidates and employees may pose to the company in terms of internal threat and loss prevention incidents.
• Tool designed to detect one's tendency towards counterproductive work behavior such as: Theft, Bribery, Violence at the workplace, Cyber-crime and Addiction (drugs, alcohol and gambling)
• Empirically validated since 2004 on over a million candidates and employees globally.

Adam Milo's Veritas Integrity tests can be taken anywhere • Testing performed at the client's premises, enabling immediate result and recommendations. • A decision-supporting tool, suitable for the pre-assessment of candidates' risk level. • One global objective and standardized method of measurement • Clear quantitative results, allowing for easy comparison between applicants

The next jump for the Microcredit market

The challenge of the microcredit market today is no longer the search for demand but rather the ability to judge the risk of the self-employed individual taking a loan.

It is difficult to calculate this risk, due to the lack of reliable information regarding wealth, financial behavior, payment history etc. of the borrower.

Most of the microcredit borrowers have no financial history and in this dataless world traditional statistic methods are irrelevant and inaccurate.

Therefore, there is need for a scoring system that takes personality measurements and qualitative knowledge into account. For example: How stable is the borrower's life, what kind of income does he have, is he a reliable person, does he usually obey the law, to what extent does owing someone money bother him, etc. To answer these questions and to produce reliable and significant data, the Veritas Credit test (a special version for the microfinance sector) was developed, based on Veritas.-

Veritas-I, was developed by Adam Milo in 2000 using a sophisticated BI system aimed at identifying potential risk factors (theft, alcohol abuse, gambling and more) in candidates and employees. Today numerous private companies and very many government agencies have chosen Veritas-I as their tool for evaluating their human capital risk factor. With more than 1 million examinees, Veritas-I has a margin of error of 0.5% in predicting unwanted behavior among candidates, and a correlation above 0.9 with polygraph tests. In 2013 Veritas Credit was developed in order to identify the risk factors of microcredit borrowers. This is the first credit test ever developed which combines economic and psychological methods. The test was developed by Israeli and international polygraph, psychology, psychometric and economic experts. In 2015 Veritas Credit was tested by three leading Latin America financial institutions. On this occasion more than 1,000 approved borrowers were evaluated by Veritas Credit and after six months the result was compared to the prediction given by the test. Veritas Credit managed to identify correctly 40% of the 17% unpaid loans, and had previously evaluated them as being high-risk with a low chance of repaying the loans.