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Non-Tech : First Union Bank

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To: Lynn who wrote (283)2/3/2000 11:46:00 AM
From: BillRacer1  Read Replies (1) of 323
 
I hate to rain on all of your parades. But the fact is, this is a growing practice among many, many companies around the country. I work for a mortgage company and we get VOE's (Verifications of Employment) for just about all of our customers. In my experience, I would say approx. 1 in 8 large employers are currently doing this and more are migrating to this practice.

If you think about it from a business standpoint(and as a stockholder), it makes sense. Why should FTU have to incur expenses for an employee who is no longer contributing to the company. FTU is trying to recoup its cost for this service.

Bill.....
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