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Our Articles |
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| Benefits of Background Checks -
Hire Right |
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| An organization's success or
failure is often attributed to the quality and character of its
employees. 30% of all small business failure is caused by
employee theft. A wrong hire can put a company at its greatest
risk. |
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| To minimize the risks of wrong
hiring, background checking is imperative. Background checking
enhances security, reduces liability and improves stability. |
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| Business owners and managers are
more concerned than ever about the security of their employees,
business assets, and personal safety. As businesses face
increasing liability from both civil and criminal prosecution,
insurance premiums and damaging negative publicity, the concern
over liability is justified. The costs - in terms of money and
reputation - are enough to cripple medium and large businesses,
and can put small business owners out of business. High turnover
rates, transient workers, and resume fraud are just a few of the
factors that have made it much more difficult for business
owners and human resource professionals to feel certain that
they are hiring the right people for their companies.
Organizations are looking to maintain stability in order to keep
costs down and increase worker productivity. |
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| The Wall Street Journal reports
that on average, 34 % of all applications contain outright lies
about experience, education and/or the ability to perform
essential job functions. |
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| Background checking helps identify
candidates prone to unacceptable workplace behavior, reveal
avoidable risks, reduces the likelihood of hiring dishonest
employees and eliminates hiring employees who exaggerate or
falsify credentials. |
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| Screening backgrounds save the cost
of a bad hire (ads, interviews, screening, hiring, training,
litigation) and helps improve profitability. |
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| You are generally expected by the
public, the law, and the courts to be extra vigilant when
screening employees. |
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