6 Reason Why Companies Do Background Verification
1. Check employment qualifications
At its most basic level, a thorough pre-employment check can help employers determine whether or not the information provided by a candidate is accurate.
78% of job seekers lie on their applications or think about lying.
2.Protect your business and your employees
It is your responsibility as an employer to protect everyone connected to your business. These people would be your coworkers, clients, and business partners.
Background checks also serve the preventative function of ensuring the safety of your business and your associates.
3. Reduce the risk of negligence in hiring
An aggrieved party may accuse an employer of negligent hiring. The injured party asserts that the employer ought to be aware of the person’s background.
See this instance where a jury rendered a $1,000,000 judgment. You should run a thorough background check, be consistent, and keep an eye out for warning signs to prevent negligent hiring.
4. Improve the quality of new hires
Through a personal or professional reference, discover non-cognizable qualities that are not list on the résumé. Verify a candidate’s credentials by confirming their education and licensing.
Identify workers who have a history of staying in one place. You can find qualified candidates by using these tactics.
5. Streamline loss prevention
You might believe that conducting background checks on prospective employees and present ones is a waste of money, but consider the money you could avoid spending on litigation.
Another item to think about is the potential serious damage to your bottom line posed by an employee or candidate with access to money and a history of stealing.
6. Stay out of negative publicity
Negative publicity may be detrimental to your business. Most candidates would not submit applications to a business with bad press. Starting with the people you recruit who ineluctably represent your business and brand, you can uphold a positive reputation.