Equifax Introduces Secondary Education Diploma Verification Solution for Employers

Rhea-AI Summary

Equifax has launched a new education verification tool called Talent Report™ High School, aimed at helping employers and background screeners verify high school diploma data efficiently. This solution, integrated with the National Student Clearinghouse®, provides instant access to high school diploma information, streamlining the pre-hire process. According to the Bureau of Labor Statistics, industries requiring high school diplomas are expected to have the most job openings over the next decade. This tool seeks to expedite hiring, improve employee retention, and reduce the manual efforts involved in diploma verification. Talent Report High School is powered by the TotalVerify™ data hub and the Equifax Cloud™, offering 24/7 access to more than 9 million diplomas from over 4,700 high schools. The solution is available immediately.

Positive

• Launch of Talent Report™ High School, improving diploma verification efficiency.
• Integration with the National Student Clearinghouse® allows instant access to diploma data.
• Potential to expedite hiring processes and improve employee retention.
• 24/7 access to over 9 million diplomas from 4,700+ high schools.
• Projected high demand for jobs requiring a high school diploma over the next decade.

Negative

• No apparent financial data or revenue implications provided in the announcement.

New Talent Report™ Solution Helps Speed Up High School Diploma Verification for Employers and Screeners

ATLANTA, June 20, 2024 /PRNewswire/ -- Equifax^® (NYSE: EFX) has introduced an education verification solution designed to help employers and background screeners verify high school diploma data during the pre-hire process. The solution, Talent Report™ High School, provides instant verification of available U.S. high school diploma data through an exclusive integration with the National Student Clearinghouse^®.

Many industries and job roles require a high school diploma, which means employers or background screeners need to verify a candidate's educational credentials before offering a job. According to the Bureau of Labor Statistics, industries that require a high school diploma have more projected openings over the next decade than any other education level, which offers employers a unique opportunity to draw from this talent pool.

By automating and improving access to data that is often hard to verify, Talent Report High School provides instant access to available high school diploma data. It can streamline the verification process for employers by using a single, centralized data source to enable them to hire applicants faster and to provide a unified ordering experience.

"Talent Report High School is another significant step toward our goal of helping employers and background screeners make more informed hiring decisions while expediting the pre-hire verification process," said Bart Lautenbach, Senior Vice President of Talent Solutions at Equifax Workforce Solutions. "Thanks to our partners at the National Student Clearinghouse, this new tool helps avoid the existing highly manual verification process for high school diplomas by providing instant access to data — ultimately helping employers hire applicants quickly, improve employee retention, and streamline hiring processes." 

Talent Report High School is powered by the TotalVerify™ data hub from Equifax and the Equifax Cloud™. It provides 24/7 access to high school diploma data through the Equifax partnership with the National Student Clearinghouse, which offers immediate verification of more than 9 million diplomas from over 4,700 high schools.

Talent Report High School is available now. For more information on other pre-employment verification services available from Equifax, click here.

ABOUT EQUIFAX INC.
At Equifax (NYSE: EFX), we believe knowledge drives progress. As a global data, analytics, and technology company, we play an essential role in the global economy by helping financial institutions, companies, employers, and government agencies make critical decisions with greater confidence. Our unique blend of differentiated data, analytics, and cloud technology drives insights to power decisions to move people forward. Headquartered in Atlanta and supported by nearly 15,000 employees worldwide, Equifax operates or has investments in 24 countries in North America, Central and South America, Europe, and the Asia Pacific region. For more information, visit Equifax.com.

FOR MORE INFORMATION

Daniel Jenkins for Equifax Workforce Solutions
mediainquiries@equifax.com

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SOURCE Equifax Inc.

FAQ

What is Equifax's new education verification solution?

Equifax has introduced Talent Report™ High School, a tool designed to verify high school diploma data for employers and background screeners.

How does Talent Report™ High School work?

The solution provides instant access to U.S. high school diploma data via integration with the National Student Clearinghouse®, streamlining the verification process.

When was Equifax's Talent Report™ High School announced?

Talent Report™ High School was announced on June 20, 2024.

What need does Talent Report™ High School address?

It addresses the need for quick and reliable verification of high school diplomas, helping employers and screeners expedite the pre-hire process.

What sectors are expected to benefit most from Talent Report™ High School?

Sectors requiring a high school diploma, projected to have the most job openings over the next decade, will benefit from this tool.

What technology supports Talent Report™ High School?

The tool is powered by the TotalVerify™ data hub and the Equifax Cloud™, offering 24/7 access to diploma data.

How many diplomas can Talent Report™ High School verify?

It can verify over 9 million diplomas from more than 4,700 high schools.

Is Talent Report™ High School available now?

Yes, Talent Report™ High School is available immediately.