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| *Ostroff, Fair and Company>>>Financial Services |
When you are employed by a bank, do they verify your employment history? |
The point is I've been working at a nail salon getting paid under-the-table. And for 1 1/2 years. Do they check your social security to see that you aren't getting paid under-the-table? Thanks answers appreciated. they can not check your Social Security ... that is confidential by law. they can and will ask you for a complete employment history and very likely will verify all of it for at least the past 5 years, or back until you graduated from high school. This is because many bank employees are bonded and the insurance company issuing the bond [that you won't use your banking position to theive] requires the information. so tell the truth to the bank or forget the possible job there Source(s): ex-banker The reason you report your ssn is for tax purposes, if you are paid under the table, it means you dont pay taxes and hence the only way to verify employment is for the company to call They do background checks. I'm not sure how thoroughly they are. I know they run your credit too. I've worked for two financial institutions. They are more likely to call your former employer to verify your employment. They will pull your credit report to make sure you have decent credit. You are expected to have good credit and maintain good credit becuase you are to be a model to customers and they don't want someone who owes a lot of money or has judgments because they don't want someone who may be tempted by working with large amounts of cash. Bank Teller They do check your past employment. Basically they want to see what type of experience you have that would relate to the job you are applying for. Also, not all financial institutions do credit checks...its a give or take, some do, some don't. I work with people who actually owe the bank I work at...but it doesn't hurt to have good credit. |
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