14% of Professionals Admit to Lying on Resumes; New Vault Poll Uncovers Resume Fabrications

Business Wire, Feb 28, 2001

Business Editors

NEW YORK--(BUSINESS WIRE)--February 28, 2001

According to the latest Vault workplace research, 14% of the professionals polled by Vault admit to having lied on their resumes.

This February, Vault, the Insider Career Network(TM), informally polled 561 professionals about their use of resumes. While 14% admit to flat-out lying, another 20% of respondents claimed to have "fudged a few things, but nothing I would consider a lie."

Eleven percent of respondents said that they had never fabricated anything on their resumes, but only because they feared getting caught. An upstanding 54% said they had not lied on their resumes because "I don't need to lie."

To view the results of all of Vault's workplace polls, please visit: http://www.vault.com/poll/oldpoll.jsp?pollId=886&ch_id=1

Vault's in-depth workplace surveys and research reports can be found in the brand-new career research area located at: http://www.vault.com/poll/communitypollarchive.jsp?ch_id=1

About Vault, Inc.

Vault, Inc. is a leading new media company focused on careers, the workplace and jobs. Vault's primary offering is an online resource, www.vault.com, which offers detailed "insider" information on over 3,000 companies and 70 industries as well as the much-praised Electronic WaterCooler(TM), the Internet's first-ever network of expert-moderated message boards for professionals. Offline, Vault offers nine nationally distributed print books, a syndicated newspaper column, and networking events on career and HR issues. For hiring managers and recruiters, Vault operates EmployerVault(TM), a comprehensive online resource featuring top-quality HR content, message boards, job listings, a resume database, and a one-click job posting service that allows users to post on multiple job boards with one account. Vault was founded in 1997 by Hussam Hamadeh, Samer Hamadeh, and Mark Oldman, together recently named to the "Silicon Alley 100: New York's 100 Most Influential Internet Executives." The company's investors include Hollinger Capital, The Kuwait Fund, New York Investment Fund, American Lawyer Media, Ingram Book Group, DB Alex Brown, Globix, and angel investor Esther Dyson.