Income & Employment Verification (VOE)

Employees encounter life events and financial choices as consumers, such as buying a home/car or applying for government benefits, that require the verification of employment and/or income. The Work Number® from Equifax Workforce Solutions delivers an automated verification solution that streamlines the transfer of information between employers and Verifiers, ultimately benefiting the employee by creating a secure and accelerated decision process. The Work Number provides instant employment and salary verifications 24 hours a day, 7 days a week and reduces the level of employer involvement in the process.

Employees Can Obtain the Credit and Benefits They Need, When They Need It, Timely, efficient, and secure application process:
■ Instant verifications available 24/7
■ Increase speed and accuracy of decision process
■ Reduce level of HR involvement with personal transactions
■ Keep personal data secure

Employers Can Improve the Security and Efficiency of Their Verification Process Helping to reduce risk, cost, and workload:
■ Reduce employer liability risk
■ Improve service to employees

A Network of Credentialed Verifiers: The Work Number is designed to help maintain compliance with the federal Fair Credit Reporting
Act (FCRA). All verifiers are required to complete a credentialing process prior to gaining access to employee information and provide permissible purpose for the verification. The network of over 375,000 credentialed verifiers utilizing The Work Number includes, but is not limited to:
■ Mortgage/auto lenders
■ Property managers
■ Credit card issuers

These verifiers depend on this automated service to obtain accurate and dependable verifications in seconds, which enables more timely and higher quality business decisions. Each verification request is tracked and can be provided in a report upon request. Additionally, employees have 24/7 access to their Employment Data Report (EDR) through The Work Number website, providing visibility into who has requested their information.
Income and Employment Verifications

The Work Number — An Automated Solution
■ Pre-employment screeners
■ Social service agencies
■ ACA verifications
■ Increase security of employee’s information
■ Decrease verification fulfillment workload

HELPS IMPROVE liability risk and security around the verification process; HELPS REDUCE verification requests into HR; labor hours Mortgage/auto lenders, credit card issuers, property managers, social service agencies; including Affordable Care Act;

FCRA compliance:
– Verifiers must provide permissible purpose to verify employment and/or income
– Employer / Payroll Provider Receives benefits
– Employees / Consumers Credentialed Verifiers Requests employment / income data Employee provides consent to Verifier
– Employer is removed from the verification process; No cost to employees; Easy-to-access and timely verifications available 24-7 Data encrypted

Copyright © 2017, Equifax Inc., Atlanta, Georgia. All rights reserved. Equifax and EFX are registered trademarks of Equifax Inc.
JOBNUMBER; Copyright © 2018, Equifax Inc., Atlanta, Georgia. All rights reserved. Equifax and EFX are registered trademarks of Equifax Inc.