One of the most common lies candidates tell when applying for a job is about their work history & ethics. Some of the most prevalent mistakes or frauds include reporting false information such as reasons for leaving previous jobs, previous working titles, CTC, and even duties. Hiring dishonest people can put a company’s reputation and finances in jeopardy. As a result, job history verification should be used to check whether an applicant’s statements are accurate or not. Many companies do an employment history verification to ensure that a potential candidate’s work experience and professional history are accurate. Any potential employee can be subjected to a background check if they give their informed consent.
Due to the general job market conditions, a greater proportion of applicants will not be as honest as they should be, even though they should be, as they will be desperate for a job. If you fail to choose the right applicant for a position, the new hire is unlikely to be successful in carrying out their duties and all of your investments made in his or her hiring will be wasted. Background checks will help your company identify people who have been involved in illicit acts in the past and sort them out immediately. In many circumstances, a job history check includes going over the last years of working experience. However, depending on the nature of the job, the company’s needs, and also the position, the duration of employment history checks can range up to ten years.
Here are some of the ways that conducting thorough employee background checks can benefit any company.
- Reduction of inadequate hiring: Careless hiring poses a high level of risk, and it could make your company directly responsible for your employees’ actions. It is becoming more common nowadays that companies that neglected to conduct a background check of employees before hiring them are facing ramifications of their ignorance.
- Identification of gaps in employment: The majority of the time, a candidate’s CV will include gaps in their career history. This might be due to a variety of factors, including dismissal. You can identify whether there are any gaps in the candidate’s career history by conducting an employment history check and then investigating why the candidate could not compensate for that job. An employment background check can give you the great confidence you need to make the best decision.
- Safer and more secure environment: Employment background checks help to significantly reduce the chances of future workplace violence by screening out applicants who may be a threat to the workplace environment. In a full screening, past occurrences will be recounted, which could provide significant insight into behavior, attitude, and habits that could become an issue in the future.
- Cost savings in the long run: Initially, you might think that hiring an external employment verification is a waste of money and effort. However, there are numerous agencies that provide budget-friendly custom services as per your business requirement. In the long run, they may save you millions by keeping your company safe from any illicit or unauthorized action of employees. The more information you have about a possible hire before finalizing a recruiting decision, the less likely you are to make an ill-informed or prejudiced choice.
CONCLUSION
In today’s corporate world, background checks on applicants have become the norm, with almost every organization doing some type of background investigation as part of its recruitment. It’s not difficult to see why. A very well-equipped background facility will almost certainly cut your expenses by delivering fast and reliable outcomes.