If you’re not running pre-employment background checks, you’re likely putting yourself and your business at risk. The benefits of a background check are numerous, but we’ve zeroed in on five critical reasons to make it a core part of your hiring strategy.
Employee turnover is more than a nuisance; it’s costly.
According to Ere Media, it costs 30% to 50% of annual salary to replace an entry-level employee. For mid-level employees, the percent rises to 150%. Looking to replace an especially high-level employee? That may cost you as much as 400% of his or her salary.
It’s no wonder then that hiring managers are pressured to find employees who not only have the abilities to perform the job, but stick around. Anything that may negatively impact the applicant’s ability should be identified before an offer is made.
A criminal background check will reveal credit information, driving records, arrests, and convictions as well as employment and educational history. It pays (quite literally) to have this information up front so you can get a closer look at your applicant’s true capabilities and character.
Avoid making your organization liable by making pre-employment background checks mandatory. These background checks are especially important for employees who will be handling money, driving company vehicles, working with minors or the elderly, or operating heavy machinery.
Finding out an employee has a DUI or sex offense on his or her record, after the fact, is something hardly any company can afford to risk. You owe it to your employees and customers to keep them safe.
While an applicant might seem nice on the surface, chances are you’re going to run into at least one person who doesn’t have your company’s best interests at heart. Always use pre-employment criminal background checks to determine if there are any risks involved in hiring an applicant. Simply put: do due diligence.
Drugs are becoming a major concern in many places of work. It’s difficult to maintain a drug-free workplace when you have new hires coming in who have issues with drug abuse.
Drug abuse, of course, has a major effect on the health and productivity of your employees and company. Drug dependence can also cause more issues than you might be aware of, including:
If you’ve set a no-drugs policy at work, and hopefully you have, pre-employment criminal background checks will help you and all your employees stick to it.
How honest are your applicants? While it’s relatively easy to confirm someone’s educational or work history these days, some applicants may have trouble toeing the line between honesty and dishonesty.
It isn’t uncommon for applicants to beef up their resume to paint a better picture of themselves and their work skills. Avoid the horror of discovering your new employee is not who you thought he or she was by using background checks. Connect with past employers to make sure everything is accurate.
An applicant who is willing to stretch the truth during an interview, is not the person you want to hire or employee.
Your company has worked hard to build its reputation and establish its place in the community. The last thing you need is one employee tarnishing what you’ve all worked so hard to achieve. A pre-employment background check will identify any issues in the applicant’s past that don’t match up with your company culture and image.
Truth be told, there’s really no reason not to do a pre-employment background check. They aid you in the decision making process and protect your company’s bottom line as well as its image. In fact, they’re one of the most useful risk management services out there.
However, not all background checks are cut from the same cloth. Some fail to find pertinent information while others produce inaccurate or outdated results. At Prudential Associates, we understand that background checks are your best line of defense when it comes to protecting your business.
We check records in every jurisdiction relevant to your applicant and pull court records in-person to review the information with a fine-toothed comb. Contact us today to learn more about our pre-employment criminal background checks and investigative services.