Knowledge About Employee Background Verification

The most important vital resources for a company are its employees. Employee background verification assist employers not only with daily operations but also with customer relations and corporate growth. 

Before hiring someone for your organization today, it is crucial to check employee verification. One query keeps coming up in a background check: What exactly is employee background verification?

A background check is a method of finding out specific information about a prospective employee’s past. When it comes time to choose who to hire, it provides you with background information that will enable you to make an informed choice.

Let’s get started with more details about it….

What Information Is Required in Background Checks?

1. Background in education

The importance of the background investigation into the candidate’s education can be seen in the confirmation that the candidate did not manipulate or falsify the data.

2. Career History

Through this investigation, we are able to learn more about the candidate’s prior employers and also the length of time they employed the candidate.

3. Obtaining references

Although we can confirm information with the references included in the CV or resume of the applicant. The hiring manager can learn more about the candidates by contacting professional

4. Validation of Identity

We are able to learn more about the candidate’s prior employers and also the length of time they employed each employee by running this check.

5. Verify Address

The candidate’s home address is available to us. Family members and neighbors can help to establish the authenticity of the candidate’s identity and other background information.    

6. Criminal Records

We can learn about the candidate’s criminal history and any outstanding warrants against him or her by running a criminal check.

Cost of Background Check For Employment 

We charge the following fees to businesses that need 25 to 50 pre-employment background checks each year:

1. $20.55 – Cost per report for a basic report that includes identity verification, a search of the federal criminal database, and a search of the federal sex offenders database.

2. $30.92 – Cost per report for a standard report that incorporates all the data from the basic report, a search of the global terrorist watchlist.

3. $70.65 – Cost per report for a premium report that comes with everything from the standard and basic 

Importance of Employee Background Verification

To emphasize the significance of conducting background checks, we’ve included three alarming facts below.

1. Drug test failures are at their highest point since 2004

As a prerequisite of employment, many businesses demand pre-employment drug tests. Employers who use drug testing can lower accident rates and maintain a safe work environment. 

4.2% of applicants tested positive for drugs on urine screenings, according to a Quest Diagnostics annual study. Since 2004, when the proportion was 4.5%, this was the highest rate of drug test positives.

2. Increased value of internal theft cases from retail

Employee theft was less common during the COVID-19 pandemic. In contrast, the value of employee thefts climbed by 3.8% on average from 2019 to 2020.

The average case cost was $1,219.61 for employee retail theft. 26,463 dishonest employees were discovered, and $32 million was taken from them.

3. The number of resume lies is very high

According to a CNBC study, HR managers report that they have discovered resume fabrication.

Verifying the facts people claim on resumes is important since it enables you to validate their claims and ensures that you only hire trustworthy workers.

Background Check Services: Some Tips for Employers 

The best background check vendor should be selected using the following advice.

1. Respects all applicable laws

The Fair Credit Reporting Act requires third-party consumer reporting agencies that provide education verification services to abide by its regulations.

2. Precision and thoroughness

You should pick a background check company that can deliver reliable, comprehensive results. We have significant access to numerous trustworthy databases as well as the required knowledge and expertise.

3. Speedy turnarounds

However, these suppliers frequently provide incorrect, outdated, and untrustworthy data that is in violation of the applicable regulations.

4. Knowledge of Your Industry

This makes it crucial to inquire about any potential background check provider’s knowledge of your business and the relevant rules and regulations.

5.  Data Protection

You must make sure that the sensitive information you handle is protected when you run job background checks.

Any provider you pick should follow strict security and privacy procedures when handling your sensitive data.

6. Superior Reputation

To read testimonials and reviews left by previous and present customers, search online. You can also look for details about the hiring candidates’ experiences.

FAQs For Employee Background Verification