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Walgreen Co., America’s largest and fastest
growing retail pharmacy chain with over 80,000
employees, is the drugstore industry leader in
sales, profits, store growth and technology use.
Its currently opening over 200 stores a year with
a goal of having 3,000 stores nationwide by the
year 2000.
Before installing The Work Number in 1995, the
Walgreen Personnel Records Department was barraged
with calls from lenders requesting employment
verification information. The time spent handling
these frequent and often disruptive calls detracted
from the critical responsibilities of the department.
The challenge was to find a way of intercepting
these calls to lighten the burden of staff members
without sacrificing Walgreen’s well-established
reputation for convenience and service.
TALX, with its reputation as industry leader
in interactive communications solutions, was eager
to introduce the Walgreen Co. to a far more efficient
means by which to handle employment verification:
The Work Number. The Work Number® is the accurate,
secure and cost-efficient way for employers to
automate and outsource the processing of employment
and income verification requests through the simple
use of a telephone. To introduce the new concept
to employees, Walgreen simply posted the change
internally on email. Lenders and other verifiers
were notified through informational letters and
voice mail messages.
The Work Number provides business-to-business
service to its community of users. The database
and value-added services are accessible through
the Web or a touch-tone telephone. In a single
Internet session or phone call, mortgage lenders,
bankers and other employment verifiers immediately
obtain highly accurate and complete information
on applicants. When users access The Work Number,
they are prompted to enter the applicant's social
security number, Walgreens' company code, and
a coordinating Salary Key to receive both employment
and income verification information. The Work
Number ensures the highest level of data integrity
- the database is updated directly from the employer's
payroll records every pay period.
Verifiers who subscribe are given an 800 number
accessible by touch-tone telephone providing immediate
credit and reference verification information,
the option of fax retrieval, and fixed pricing;
it simultaneously aids the verifiers in creating
an internal audit trail. Non-subscribing verifiers
also have access to controlled, authorized and
up-to-date verification information by using a
touch-tone telephone and an 800 phone number. The
service prompts callers to enter a specific social
security number, the Walgreens’ company
code, and a coordinating authorization code to
receive employment and income verification information
through voice response, FAX, Email and Electronic
Data Interchange (EDI) capabilities.
The Work Number offers lenders two levels of
information:
1) Employment Verification allows lenders to confirm
employer and employee name, employment status
and job title;
2) Income Verification provides additional information
including the employee’s salary history.
The Work Number ensures that employee data remains
confidential and secure — only to be accessed
by individuals who have received authorization.
In the words of Kris Dimitriou, Walgreen’s
Manager of Personnel Services, "Without The
Work Number and with our growth, we would have
had to increase our staff by one person just to
handle VOE’s (Verification of Employment).
Thus far, the TALX solution has provided a hard
savings of $28,700." Upon going live with
The Work Number, the Walgreen Personnel Records
Department saw an immediate decrease in verification
inquiries from lenders. The Walgreen Co. estimates
that usage of The Work Number in 1997 for Employment
Verifications will grow 152% from 1996 levels.
The Work Number also substantially reduces employee-related
costs and virtually eliminates complaints relating
to operator availability.
The lending activities of verifiers also benefit
from The Work Number’s efficiency and flexibility.
Its ease of use and instant feedback seven days
a week offer verifiers an instant competitive
advantage by cutting down the time it takes to
process a loan. This accounts for the 860 verifiers
nationwide who currently subscribe to the service
and the exponential growth in member verifiers
that TALX continues to see each week.
The Work Number is a national service intended
to benefit all parties by providing extraordinary
service, user-friendly access to employment information
and immediate results. More than 100 of the nation’s
largest employers outsource employment verification
to TALX.
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