Hiring trustworthy talent is a huge investment of time and money. The main benefit of pre-employment background screening is to ensure that the applicant you hire is trustworthy.
As you sadly know, many applicants are not trustworthy and make false statements on their job application or resume to give themselves a competitive advantage. Many falsified statements are related to their education or previous employers.
Employment history fraud may also include false lengths of employment, inaccurate reasons for departure and fake job titles/responsibilities at companies that do not exist. Some untrustworthy applicants may also include degrees or certifications that were never completed.
Credit Checks Help:
In recent years, checking the credit of a possible employee has become the norm for almost all businesses. Credit checks help employers better understand the background of an applicant. Employers run credit checks on applicants and use that information to make hiring decisions.
Employers pull credit reports not just to decide if a candidate is trustworthy, but also to demonstrate to stakeholders that they have completed a sound hiring practice by reviewing official documents produced by credit bureaus.
Hiring professionals describe credit checks as a way to show regulators, investors, business partners, licensing boards, and customers that employers have done due diligence. Should an employee later steal or prove incompetent, a paper trail of background checks can be produced to show a good faith effort to hire responsibly.
Credit checks will also help you understand what a resume does not show. It can show previous addresses of a potential hire, which can help you better understand how grounded they are. Someone who moves a lot in a small amount of time might not take a job seriously, and you might be wasting your time in considering them for a position when others are more stable and qualified.
Bottom Line:
A solid background check company can help you to avoid potentially disastrous mistakes and hire trustworthy talent. Laborchex offers an array of employment screening and drug testing services. To learn more, call 1-800-880-0366 or visit us at our website www.laborchex.com
Contributed by Ricky Rayborn of Laborchex.
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