5 Key Benefits of Implementing Background Screening Services

A background screening service is an invaluable resource to help you assemble a team of competent employees. It can also protect you from negligent hiring claims and prevent security issues such as theft and fraud.

Employers are increasingly outsourcing their background screening to third-party providers. This trend has helped to improve performance ROI and improve regulatory compliance.

Reduce Your Risk of Negligent Hiring

Suppose you’re hiring part-time employees, temporary workers, interns, or seasonal employees. In that case, a consistent background check policy helps reduce your risk of negligent hiring lawsuits by demonstrating that you performed the same checks on everyone. With a full suite of compliant screening services, you can use advanced processes and intelligent technology to verify candidates’ backgrounds without compromising individualized attention or cutting corners.

Whether your employees manage significant financial investments, work with children or seniors, or drive company vehicles, background checks allow you to gather objective data to make better decisions and mitigate overall people risk. Negligent hiring lawsuits aren’t expensive; they can devastate a business and leave it in bad publicity. This is why the vast majority of employers conduct background checks.

Reduce Unwanted Turnover

A thorough background check can reduce the number of unwanted resignations and terminations. Suppose your company is a high-turnover industry, such as retail, software, IT, media, professional services, or government. In that case, a bad hire can quickly become an exodus of valuable talent.

For example, if your healthcare organization hires someone with criminal records related to assault and that employee attacks a patient, you could be held liable. Background checks can verify a candidate’s credentials, such as education and licensure, helping to evade these types of lawsuits.

A third-party screening company with experience in your industry can help you create a tailored process that meets your business needs while ensuring compliance with federal and state laws. Choosing the right partner for your company can also make the process more efficient, saving you time and money in the long run.

Increase Your Reputation

Your company’s reputation is essential. A bad hire can cost you money, damage your reputation, and lower the morale of your existing employees.

Using background screening services helps you ensure that new hires align with your organization’s values and enables you to maintain a positive reputation. In addition, using a background check can catch white lies that applicants frequently make in job applications and resumes. Some examples include lying about lengths of previous employment, embellishing credentials, or listing false degrees or responsibilities.

When choosing a partner for your background screening needs, choose a firm with a history of providing high-quality results, transparency in its process, and adherence to federal and state laws. Also, look for a firm that offers customer support by phone, email, and live chat.

Reduce Your Costs

In tough economic times, reevaluating all expenses, including background checks, is necessary. A thorough evaluation can reveal areas of wastefulness and ways to save money without sacrificing quality or compliance.

One way is limiting complete background checks to candidates who meet specific requirements, such as those with minimum years of experience or an advanced degree. Another way is by using a progressive screening process, which allows HR professionals to identify qualified candidates earlier in the hiring process by excluding those with red flags in their histories or unreliable or questionable work history.

Lastly, partnering with a reputable screening provider that offers transparent pricing and communication makes it possible to save money while maintaining a robust background check program.

Increase Your Efficiency

Screening new hires will save you time and resources in the long run. Not only does high turnover cost a company money, but it also requires extra time and energy to find replacements.

Efficiency in HR departments is a top priority for most companies. Implementing efficient background check processes that combine the best of automation with an uncompromising commitment to obtaining complete candidate histories increases screening productivity exponentially.

One way to increase efficiency is by tracking key performance indicators (KPIs). Measuring the turnaround times for each background check can help you pinpoint bottlenecks and work with your provider to improve them. Additionally, having transparency in turnaround times allows you to set expectations with candidates, which helps prevent them from abandoning your hiring process over excessive delays.