Updating your CV is important and calls for openness. I was just going through this one year old article and though it better to share. Be keen. Happy business.
Internet giant Yahoo! let go of their third CEO in three years after one shareholder discovered Scott Thompson had ‘padded’ his CV to indicate a non-existent Computer Science degree.
Daniel Loeb, head of Third Point LLC – Yahoo’s largest shareholder, raised the alarm on Thompson’s CV, which analysts say led to his resignation after only four months at the helm.
Yahoo media chief Ross Levinsohn will be named interim CEO, the company said.
Exaggerated qualifications on a resume is not new but with the corporate world becoming more interconnected, chances of getting away with a fake CV is becoming thin.
Below are some of the top resume and interview fabrication, according to Chicago-based outplacement consultancy Challenger, Gray & Christmas:
Education: Listing a degree from a school never attended; inflating grade-point average and graduate honors; citing a degree from an online, non-accredited “education” institution
Job Title: Making up a title or boosting an actual title by one or more levels in order to get better salary offers.
Compensation: Inflating current or previous salary and benefits to secure more money from a prospective employer.
Reason for leaving: Saying it was a mass downsizing when the discharge was based on performance.
Accomplishments: Overstating one’s contributions to a team project or company performance; claiming to have received a special recognition; exaggerating the level of participation in an important aspect of the business
Internet giant Yahoo! let go of their third CEO in three years after one shareholder discovered Scott Thompson had ‘padded’ his CV to indicate a non-existent Computer Science degree.
Daniel Loeb, head of Third Point LLC – Yahoo’s largest shareholder, raised the alarm on Thompson’s CV, which analysts say led to his resignation after only four months at the helm.
Yahoo media chief Ross Levinsohn will be named interim CEO, the company said.
Exaggerated qualifications on a resume is not new but with the corporate world becoming more interconnected, chances of getting away with a fake CV is becoming thin.
Below are some of the top resume and interview fabrication, according to Chicago-based outplacement consultancy Challenger, Gray & Christmas:
Education: Listing a degree from a school never attended; inflating grade-point average and graduate honors; citing a degree from an online, non-accredited “education” institution
Job Title: Making up a title or boosting an actual title by one or more levels in order to get better salary offers.
Compensation: Inflating current or previous salary and benefits to secure more money from a prospective employer.
Reason for leaving: Saying it was a mass downsizing when the discharge was based on performance.
Accomplishments: Overstating one’s contributions to a team project or company performance; claiming to have received a special recognition; exaggerating the level of participation in an important aspect of the business
Source: yahoo news.
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