Today, an estimated 90% of major employers in the country utilize employee background checks to ensure that their employees are being honest on their applications and that they're a good fit for the business. These pre-employment screenings can look for fraudulent claims on an application, criminal history, financial history, and much more.
It's important to take a closer look at just why it's critical to utilize employee background checks, and what it really comes down to in most cases is cost. By thoroughly scrutinizing the background of the people you may hire, you'll be able to ensure that you don't cost your company money by making hiring mistakes. Here's a look at some of the ways this is true.
Your company needs every advantage that it can get in order to thrive in today's business climate. It's important to pay attention to everything from marketing to sales strategies and beyond, but many companies have now realized just how important the hiring process can be as well. Hiring the right employees is a must, and hiring errors can cost a company thousands of dollars – sometimes more.
There are numerous benefits offered by running employment background checks, including: