Why Employee Background Check Is So Important For Your Business
It is occasionally necessary to perform criminal background checks when employing new personnel. This is especially important if your organization deals with vulnerable people or sensitive data. We provide extensive background screening investigations to assist in the selection of candidates for your position.
A survey shows that about 40000 employees are suspended because of their rough attitude and thief issues within 2020 to 2021 in Bangladesh.
Focus Point:
1. A criminal background check can help you figure out if a candidate is a suitable match for your organization. One out of every ten persons has a criminal record, while others may have had unfavorable interactions with the police.
2. It's critical to have more information on each possible employee when deciding who to choose from a pool of applicants. Otherwise, your business and employees might face harassment, theft, assaults, and fraud.
3. Background screening is used to verify facts on a résumé. Approximately 40% of resumes have been tampered with to include inaccurate or misleading information. Employers should double-check that the candidate they're interviewing is who they say they are.
3 Crucial Statistics To Know About Criminal Background Checks
We've included three disturbing figures below to demonstrate the need of doing background screening before making employment decisions.
1. Failed Drug Tests at the Most Extensive Level Since the year 2010:
As a prerequisite of employment, many businesses demand pre-employment screening, drug testing. Our pre-employment screening, drug testing assists companies in lowering accident rates and ensuring the safety of their workplaces.
According to a Quest Diagnostics annual study, 5.2 % of applicants tested positive for drugs on pee tests. Since 2010, when the proportion of positive drug tests reached 4.5 percent, this was the highest rate of positive drug tests.
2. Internal Retail Theft Cases Have Increased in Value:
Internal theft is a serious issue for businesses. Employee theft from their company might result in significant losses. Pre-employment screening is very important in this case.
Employees were found stealing less during the COVID-19 outbreak. However, compared to the value of employee thefts in 2020, the average value of each instance climbed by 3.8 percent in 2020.
Employee retail theft charges were worth an average of 1,219.61 dollar per case. A total of 26,463 dishonest employees were apprehended, with 32 million recovered.
3. Resume Lies Are Very Common:
While most people are aware that individuals lie on their resumes and applications, you may be surprised to realize how common this problem is. 65% of HR managers said they've detected falsehoods on resumes, according to a CNBC research. Our employment & education verification services help you to overcome these issues.
Verifying the facts individuals report on resumes is important since it helps you to check the claims they've made and guarantee that you're only hiring trustworthy people.
Why Should You Check Potential Hire’s Backgrounds?
There are a number of reasons why you should perform criminal background checks on potential employees.You can guarantee that you choose trustworthy individuals, safeguard your company's brand, and reduce liability risks by doing pre-employment screening.
Employers profit from pre-employment screening checks in the following ways:
1. Pre-employment screening assists you in making completely informed hiring selections.
2. Criminal background screening assists you in ensuring that the people you recruit are completely qualified.
3. Pre-employment screening helps to minimize Liability concerns.
4. Criminal background screening ensures that your staff and customers are safe.
5. A criminal background check safeguards the assets of your firm.
6. Pre-employment screening assists in ensuring compliance with local, state, and federal regulations.
Where Can Employers Find The Best Criminal Background Check Service?
When you decide to use a third-party consumer reporting agency to do pre-employment employment history checks, it's vital that you pick the correct one. If you rely on an untrustworthy vendor, you risk being sued by your candidates and exposing yourself to the danger of negligent hiring liability.
Here are some pointers on how to pick the most dependable background screening service:
1. Adheres to all applicable laws:
When gathering and disclosing information about applicants to employers, third-party consumer reporting organizations that provide employment & education verification verification services must follow the Fair Credit Reporting Act's standards as well as other state-specific and municipal rules and regulations.
2. Comprehensiveness and accuracy:
You should select a criminal background check company that can supply you with reliable and comprehensive results. This necessitates the supplier having the necessary expertise and resources to conduct thorough background checks.
We have comprehensive access to many different dependable databases at our employment history check service , as well as the essential skills and training to provide our clients with accurate and full employment history check reports.
3. Quick Turnaround:
Some organizations opt for a do-it-yourself approach to employment history checks on their candidates. It can take weeks to do this, and most firms cannot afford to have their hiring choices delayed due to long background investigations.
Our comprehensive research methods and enormous resources are available to you when you use our employer screening services.
4. Knowledge of Your Industry:
There may be special restrictions that apply to the recruiting process depending on your sector. As a result, it's critical to inquire about any potential employment and educational history check provider's knowledge of your business as well as the appropriate rules and regulations.
5. Data and Privacy Protection:
Strong encryption technology should be used by good employment history check providers, and any personally identifying information they receive should be anonymized. They should also not outsource their employment & education verification services to other countries. These kinds of safeguards can aid in the prevention of security and data breaches.
4 Risks Your Company Takes When Hire A Background Check Service
1. Fraud of credentials:
It's crucial to have faith in your staff without criminal background checking. You must have faith in them to accomplish their jobs, treat customers and partners with respect, and effectively represent your brand. Our background screening services will help you to solve this.
According to a new CareerBuilder research, verifying credentials is very critical. According to the survey, 60% percent of résumés include misleading or erroneous information, such as omitted schooling information and incorrect job titles, seniority levels, and dates of employment.
2. Fraud, hacking, and cybercrime are all examples of cybercrime:
Employees losing cash and inventory are a major concern for many business owners. This is a legitimate issue; according to a 2014 report by the Association of Certified Fraud Examiners, global occupational fraud costs approximately 3.7 trillion each year. According to the research, annual theft amounts to almost 5% of total income lack of background screening.
3. Incompetent hiring:
A legal phrase indicating an employer's liability for an occurrence caused by employees when the employers knew (or should have known) that the person constituted a danger is "negligent hiring." Our background screening can assist you in this case.
4. Dangerous working and living circumstances for consumers and staff:
Employers are required by law to provide a safe working environment for their employees, and it is also in their best interests to do so. However, according to a SHRM research, 38% of employers reported occurrences of workplace violence. So hiring an employment history check provider is important.
Our Best Criminal Background Check Services For You
Here are a few of the most typical pre-employment screening processes:
1. Checking references
2. Verification of education and/or résumé
3. Checks on social media
4. Criminal background checks
5. Credit history checks.
6. Passport / NID Check.
Conclusion
Maintaining a compliance background screening strategy for your organization will enable you to analyze and recruit in a consistent and fair manner.Working with a third-party employment history check provider, such as our background screening services, allows businesses to take advantage of our experience when building up a complete screening program while also shortening the time it takes to hire.
If you need Background Profiling for your business, then contact us today.
