Did you know that 53 percent of job applicants provide inaccurate information? This isn’t an exaggeration; these are outright lies about education, ability to perform, and previous employment. Most resumes and cover letters contain omissions, false states, and errors which costs employers to lose as much as 72 percent of negligent hiring suits. Here are a few significant benefits of running a background check for your employees:
1. Avoiding Bad Hires through a Background Check for Increased Workplace Safety
Theft and violence in the workplace can significantly be reduced by not hiring an applicant with a former criminal history. Apart from serious criminal convictions, the background check may also offer insights into the applicant’s character. For example, if a background check reports that the employee may have lied about past employment, they’re also likely to continue lying to get things done their way when hired.
2. Guaranteeing the Right Fit for the Position
A background verification check is particularly important when hiring a candidate for a high-trust position — such as those expected to handle sensitive information, interact with vulnerable people, or deliver high-value assets.
3. Reducing Legal Costs and Liabilities
Failing to examine the candidate adequately may increase liability and legal costs in case the incident involves an employee with a criminal record. As important as these background checks are for small and medium enterprises, large enterprises can weigh in on the benefits just as much.
The HR Preferred Background Check
HR Preferred is an employment verification service provider offering employment background screening services to help you benefit from pre-employment and post-employment background checks. Our highly customizable HR Preferred application is constructed over two portals: (1) the employer portal to help you create position-based screening packages, and (2) the candidate portal for applicants. We cut short the onboarding process with the use of dedicated services: address history search services for employers, country criminal search services, multi-state criminal records search, federal criminal records search for employment, employment verification services, education verification services online, preferred healthcare searches check, MVR driving history report, and drug testing service for employers. We also follow up with adverse action notification fulfillment services and i9 & E-Verify fulfillment services to ensure you hire the best.