Employment and income verification

Verification requests your employees can approve or deny.

MyEmployment replaces The Work Number for your workforce. You pay nothing. Earn revenue share up to $500,000 a year.

The MyEmployment employee app, My Profile screen, showing a pending verification request from a mortgage lender with Approve, Deny and Report Preview controls.
What your employee sees, at the time of the request.

Connects to the payroll and HRIS systems you already run.

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  • Workday logo
  • SAP SuccessFactors logo
  • Oracle NetSuite logo
  • Paylocity logo
  • Paycom logo
  • Paycor logo
  • Paychex logo
  • BambooHR logo
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All product names, logos and trademarks are the property of their respective owners. Listing indicates supported connectivity, not partnership or endorsement. If your system is not listed, a one to one API is the alternative.

01 What happens today

Who answers when someone asks about your employees?

Many of these requests are answered without ever reaching your HR team. Here is the sequence, start to finish.

  1. 01

    Someone needs to confirm a job or an income

    A lender, landlord, insurer, debt collector or government program has to confirm that someone holds a job, or what they earn, before a mortgage, a lease, a loan or a benefit can move.

  2. 02

    The request can skip you

    It goes to a verification repository that already holds payroll data for many employers, placed there by a payroll provider, an HCM platform, or an agreement signed at some point in the past.

  3. 03

    The repository answers and collects the fee

    Credentialed verifiers pay for completed verifications. One of our competitors, Equifax, reports that The Work Number fulfilled 149 million verifications in 2024. That fee is collected by whoever fulfills the request.

    Source: that competitor's published reporting, 2024.
  4. 04

    The employee may never be asked

    The answer can be released on the strength of a form signed days, weeks or months earlier. The employee may receive no notice at the moment it happens.

Follow the fee, today

  1. Verifier pays
  2. toWhoever fulfills the request
  3. whichReturns a result
  4. andKeeps the fee

In many arrangements, none of that fee comes back to the employer whose workforce the answer describes, and the employee is not asked at the moment it is released.

Read how an earlier authorization can differ from being asked at the time of the request.

Your workforce's records earn a fee. Most employers never see it.

Verifying employment is a $2 billion a year industry.1 When someone pays to verify your employees, a share of the fee can go to the payroll or HR software provider that sent the records. With MyEmployment, you share in it.2

02 Share the revenue

Employees×1.2×$59

Your revenue pool comes from three inputs: your headcount, about 1.2 verifications per employee a year, and the price verifiers pay, $59 or $69. That 1.2 counts former employees too.

Calculate your annual transaction pool

Enter your headcount to view the estimated gross transaction pool generated by your workforce. Revenue share is negotiated individually in your employer agreement. Change the rate if you know your actual volume.

Estimated annual verifier fee pool

$141,600

Your revenue share

Negotiated in your employer agreement

The figure above represents the annual gross transaction pool. Your monthly revenue share is a negotiated portion of this pool, set directly in your agreement.

That is $70.80 per employee per year. In many arrangements that money goes to an outside vendor today.

See how the revenue share works
03 The employee benefit

A difference employees can actually see.

The MyEmployment employee app, My Profile screen, showing a pending verification request from Harbor Collections with Approve, Deny and Report Preview controls, and the global data sharing settings below it.

Employment verification comes up during a mortgage, a lease, a new job or a benefits application. MyEmployment gives your employee notice when a request arrives and a clear role in how their information is handled.

  • Immediate visibility

    The employee sees the requester, the stated purpose, and what was requested.

  • The right to approve or deny

    An enrolled employee decides on each request as it arrives, and can set defaults in advance so routine requests move without interruption.

  • You set the approval window

    If the employee does not respond within it, or is not enrolled, MyEmployment answers where the verifier has a permissible purpose under the FCRA. One employee's silence does not stall someone else's mortgage.

  • A stricter rule for debt collection

    Debt collection and skip tracing requests proceed only on the affirmative approval of the employee or former employee. A nonresponse never authorizes those releases.

  • A documented record

    Requests, decisions and outcomes are recorded for the employee and for you.

  • No forced mass enrollment

    Employees are not required to enroll for requests to keep clearing. Enrollment is what gives them the notice, the decision and the record.

04 How it connects

Get HR off the phone, without a gap in coverage.

You pick the access method and can change it later. Nothing about the choice is permanent, and nothing about the switch requires requests to stop clearing.

Option one

Payroll sync, every payroll cycle

Employment and income data updates each payroll cycle from the payroll system or HCM you already run. This is the lighter lift for many employers, because the feed already exists in some form.

Option two

A one to one API

A direct connection into your systems, answered against your own data at the moment of the request.

  • No HRIS replacement

    Your HRIS or payroll platform remains the system of record. MyEmployment connects to the source you designate and answers eligible requests against it.

  • Phone, fax and paper

    Requests arrive in formats no integration covers. Those are worked on your behalf, so there is no window where incoming verification requests go unanswered.

  • Switching providers

    In many payroll environments, switching off an existing verification feed is a configuration change at the payroll provider rather than a project. MyEmployment identifies who to contact and walks you through the steps, and requests keep clearing while the change is made.

  • Full request and outcome audit trailEvery request, decision and outcome is recorded.
  • Permissible purpose gatingVerifier access is limited to credentialed parties with a documented permissible purpose under the FCRA.
  • Access and retention defined contractuallyWhat may be reached, and for how long it is held, is set in the agreement. SOC 2 Type 2 report available on request.
05 Before you forward this

What your team will ask.

The questions Finance, HR, Legal and IT may raise first, answered here so whoever did not take the call finds their own objection addressed.

Finance

How is our revenue share calculated, reported and paid?

Credentialed verifiers pay for completed verifications. The employer agreement sets the negotiated share, and payment is made monthly for the length of the agreement, with a reconciliation of the completed verifications behind it. During the introductory call the figure is modeled against your own headcount and your current vendor's volume report. You pay nothing.

Finance

What costs move to us when we switch?

There is no employer platform fee and no charge to employees. Your existing HRIS and payroll systems stay in place. Anything specific to your environment is identified during the evaluation rather than after signature.

HR

What changes for our employees?

An enrolled employee receives notice when a verification request arrives, sees the requester and the stated purpose, and decides on it. There is no forced mass enrollment, and employees who do not enroll do not prevent eligible requests from being fulfilled.

HR

What happens to the verification workload our team handles today?

Routine incoming requests are fulfilled through the access method you choose rather than by hand. If your team answers verification calls and forms today, that is the work that moves.

Legal

What does a verifier need before anything is released?

Verifier access is limited to credentialed parties presenting a documented permissible purpose under the FCRA. Employer policy can further limit which request types are eligible. Every request, decision and outcome is recorded.

IT and Security

How is access controlled and what is recorded?

Verifier access is limited to credentialed parties with a documented permissible purpose, every request and outcome is written to an audit trail, and access and retention are defined contractually. MyEmployment has completed a SOC 2 Type 2 examination, and the report and supporting security materials are available during the review.

06 Questions

Incoming employment verification, answered.

What this is

What is consent-based employment verification?

Consent-based employment verification gives the employee visibility and control at the moment a request arrives. MyEmployment identifies the requester and the stated purpose, notifies the enrolled employee or former employee, and gives that employee the opportunity to approve or deny that specific request. MyEmployment does this for an employer's existing and former workforce. It does not replace pre-hire background screening.

If the verifier already has the consumer's authorization, what does MyEmployment add?

Authorization and permissible purpose are not the same thing in every context, and the legal basis a verifier needs depends on why they are asking. What MyEmployment adds is request-time visibility. Consider someone who applies to three apartments and signs an authorization for each. They take one lease. The other two still hold a signed authorization, and a request from either can be answered without the applicant hearing about it. An enrolled employee sees that a request was made, who made it, the stated purpose and what was requested, and decides on it.

Does MyEmployment replace our current employment verification provider?

Yes. MyEmployment handles incoming employment and income verification for your current and former workforce, in place of the outside service that handles it today, if you use one. Your HRIS or payroll platform stays in place, and MyEmployment does not replace your pre-hire background screening. Your company receives a negotiated share of the fees those requests generate.

Is this a background check or a pre-hire screening service?

No. MyEmployment handles incoming employment and income verification concerning an employer's existing and former workforce. It does not replace the employer's pre-hire background screening program.

How many employment verifications happen each year?

MyEmployment estimates about 200 million a year, automated and manual combined3. One provider alone reported 149 million in 2024, up from 144 million in 2023.

Source: One provider alone reported 149 million in 2024 (144 million in 2023), per that competitor's published reporting.

How many employee records sit in these repositories?

At least 839 million employee records sit in these repositories, from more than 5 million employers. Many employers may not be aware they contribute, because contribution can be included in a payroll service agreement.

Source: one provider's own figures, its homepage, September 2026.

Why might an employee not know their work history was verified?

Many verification workflows give the employee no new notice at the moment a request is answered. The verifier may already hold the authorization or other permissible purpose required for that transaction, signed days, weeks or months earlier. MyEmployment adds request-time visibility for enrolled employees, including who asked, the stated purpose, and a record of the decision.

What it costs and what you earn

Does MyEmployment cost employers anything?

MyEmployment does not charge the employer a platform fee, and does not charge employees. Credentialed verifiers pay for completed employment and income verifications.

What does a verification cost the verifier?

A standard employment verification is $59. An income verification is $69.

How does an employer make money on employment verifications?

In many arrangements the employer receives nothing today, because the fee is collected by whoever fulfills the request. Each completed verification is a paid transaction. Under a MyEmployment agreement, a negotiated share of what the verifier pays is returned to the employer, paid monthly for the length of the agreement. The amount depends on workforce size, turnover and verification volume.

How much revenue share can an employer receive?

Up to $500,000 a year is an illustration for a large employer. The actual revenue share is negotiated individually and depends on workforce size, turnover, verification volume and the terms of the employer agreement.

How long does the revenue share last?

It is paid monthly for as long as your company is on the platform.

How it runs

How does MyEmployment get our payroll data?

The employer selects the access method and can change it later. One option is a payroll sync that updates with the payroll cycle. The other is a direct API into the source system the employer designates. Requests arriving by phone, fax or paper are worked on the employer's behalf.

How do we switch off our current verification provider?

It depends on the payroll environment and the current arrangement. In many payroll environments the verification configuration is changed through the payroll provider rather than through a project. MyEmployment identifies the applicable contacts and coordinates the transition with the employer.

What happens if an employee does not respond to a verification request?

The employer sets the response window. If an enrolled employee does not respond within it, or the employee is not enrolled, MyEmployment may fulfill the request where the verifier is credentialed and the legal requirements applicable to that request have been satisfied. One employee's silence does not stall someone else's mortgage. Enrolled employees keep a record of the request and the outcome. Debt collection and skip tracing requests are the exception: they never release on a nonresponse and require the affirmative approval of the employee or former employee. The employer remains the furnisher. MyEmployment is the fulfillment agent.

What happens when an employee denies a verification request?

The record is not released. A denial blocks release in every request category. The verifier is told the request was not approved. The only exception is a release compelled by subpoena or other legal process. Employees can set defaults in advance so routine requests move without interruption.

Who is the furnisher of the data?

The employer remains the furnisher and the source of the employment and income record. The HRIS or payroll platform remains the system of record. MyEmployment is the fulfillment agent. It fulfills requests against the source the employer designates, under the employer agreement and the FCRA.

Do former employees stay in the program after they leave?

Yes. Former employees remain eligible for incoming employment and income verification for the length of the employer agreement. There is no separate cutoff at termination. Enrollment is still what gives them notice, a decision and a record. The employer pays nothing and the former employee pays nothing.

How long does implementation take?

A payroll sync is a configuration and a feed, measured in days to a few weeks once the payroll contact is identified. A direct API depends on the employer's own systems team and security review. Requests keep clearing during the change.

How does MyEmployment address FCRA requirements?

MyEmployment operates under the Fair Credit Reporting Act. Verifier access is limited to credentialed parties presenting a documented permissible purpose, employer policy can further limit which request types are eligible, and every request, decision and outcome is recorded. The requirements that apply to any one request depend on the purpose for which the verification is being obtained.

Has MyEmployment completed a SOC 2 Type 2 examination?

Yes. MyEmployment has completed a SOC 2 Type 2 examination. The report is available on request during the security review.

“In 2022 I sold a firm that had purchased millions of employment and income verifications. I paid. I received the file. The employee was rarely if ever notified when I asked. Many employers I dealt with received nothing from the fee.”
Robert Mather, Founder and CEOA 30-year employment verification veteran. Quoted in an NBC News investigation, 2013, on how employment and income records are collected and shared.
One conversation

Book a 15-minute revenue call

Protect your employees. Share in the revenue. We model it on your own numbers, then schedule a 15-minute call to walk you through it.

Evaluating this with an association, a group purchasing organization or a peer group? Tell your MyEmployment representative and we will walk the group through the same model.

Current employees. Former employees are included in the estimate.

No cost and no obligation.

References

  1. ^ Equifax (February 4, 2026). Fourth quarter 2025 earnings release and 2025 Form 10-K. Verification Services revenue, FY2025, $2,179.8 million. Equifax alone; other providers not included.
  2. ^ More than 5 million companies contribute records to The Work Number, by its own account (Equifax 3Q26 Earnings Presentation, Oct 20, 2026). Equifax described revenue sharing with payroll, HR software, pension, and benefits administrator partners (Q3 2026 earnings call, Oct 20, 2026).
  3. ^ MyEmployment estimate: the 149 million verifications The Work Number reported for 2024,[4] divided by an industry executive’s estimate of its market share, 70 to 75 percent.[5]
  4. Equifax (October 17, 2025). “Equifax Helps Expand Financial Access for Consumers with The Work Number®.” Equifax Newsroom. Retrieved October 18, 2026.
  5. In Practise (August 2025). “Equifax: The Work Number Pricing Strategy.” Interview with an industry executive. Retrieved October 18, 2026.
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