There is a lot of debate about the importance of conducting background checks. Common concerns among businesses are issues on invasion of privacy and giving the impression of being distrustful to potential candidates or vendors. While these are valid points, skipping on a quality background check could do you more harm than good.
Did you know that 53% of job applications have inaccurate information? This is according to the Society of Human Resources Management. In addition, BankRate claims that about 1/3 of resumes contain some sort of exaggeration.
Without a reliable background screening process, you are putting your company at risk of the following:
- Negligent Hiring Claims
When an employee with a criminal background harms or injures a customer or a co-worker, you could be held liable and could find yourself in a costly lawsuit.
You’re at risk of negligent hiring claims if you fail to perform a criminal background check. Not verifying employment history, checking references, and speaking with past supervisors could also put you at risk of a lawsuit should an incident happen in the workplace.
- Unqualified Hires
If your business requires employees with specialized skills, it’s of utmost important to ensure that your new hires have the necessary knowledge and skills.
Look into certifications, training programs attended, and past job experiences. Don’t just ask for a copy of their certifications. Verify that they are also legitimate. Remember, it’s easy to say you’re certified or a master of something. But it’s another thing to show that you actually have the skills to perform the tasks at hand.
- Wasting Resources
Recruitment eats up a lot of manhours. If you’re skipping background checks to increase your turnaround time, you’re wasting resources as you’re more likely to end up with bad hires.
Quality always trumps quantity. You may be filling out vacancies on the fly but if you’re new hires are failing your onboarding or training process, you’re actually not accomplishing anything.
Theft is often the reason many companies choose to perform background checks. No one wants their employees to steal from them.
In a world where competition is tight in any industry, you need to ensure that all your assets are protected. Screening applicants allows you to hire with confidence and trust your workforce.
When it comes to hiring the most qualified candidates, the more you know, the more confident you are to make an informed decision. Let us help you make the right choice and minimize your risks.
Alert Checks helps protect your company and assets with our screening services. We can perform background checks on applicants, tenants, and third-party vendors. Contact us to learn more about our services.