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Ethical employees are an obvious key to fraud prevention within any organization. But can you ever really know your employees are ethical before you hire them? In its 2018 Report to the Nations, the Association of Certified Fraud Examiners (ACFE) took a closer look at the impact of background checks on occupational fraud prevention. Specifically,… Read more »
You’re about to make a hire. So far, the candidate checks out on paper and in person, but you have yet to perform a formal background check. Is the final background screening really necessary? Screening candidates is an extra step in the hiring process, yet it proves to be an important one in getting the… Read more »
It is assumed that hiring decisions are based solely on the professional skills and qualifications of each applicant. In practice, however, our decisions can be influenced by many other factors that we may not even be aware of. Hidden biases can be particularly dangerous in the hiring process as they may cause you to inadvertently… Read more »
Hiring a new employee is a complex, multifaceted undertaking. On top of identifying a qualified candidate who will be the right cultural fit, it is also your responsibility to build a safe and productive workforce. One way to improve your hiring decisions is through background checks, including criminal records searches. A typical criminal records check… Read more »
Background checks are an important part of the hiring process. However, not all background checks are created equally. While local county criminal records offer the most accurate information to employers, they come at a higher price point. A national criminal database search is comparably, more affordable, and offers a tempting shortcut to employers. However, the… Read more »
Turnover is always a concern for employers. Among many issues, the loss of an employee means the loss of the investment you put into hiring and training that person, the loss of institutional knowledge they accumulated on the job, and the potential damage to morale of co-workers, a result of seeing a fellow employee leave…. Read more »
Drug abuse is on the rise across the United States and prescription opioids top the list for substance abuse. Between 1999 and 2014, prescription opioid sales almost quadrupled while the amount of pain reported remained constant. Opioid misuse carries high societal costs. In 2013, the abuse of prescription opioids resulted in $78.5-billion in total costs… Read more »
Today, 34% of the American workforce is made up of freelancers, contractors, or gig workers. This group, known as ‘the contingent workforce,’ is steadily growing. To give you some perspective, between 2014 and 2017, the U.S. workforce grew by 2.6%. Comparatively, the number of freelancers rose by 8.1%. At this rate of growth, contingent workers… Read more »
Hiring a new employee costs between $1,000 to $5,000, depending on the nature of the hire. The cost of a bad hire is even greater, more than $25,000 in 41% of cases. With these costs in mind, it is in an employer’s best interest to adequately assess an applicant’s qualifications for a given role. If… Read more »
The U.S. Equal Employment Opportunity Commission (EEOC) issues its guidance on many employment-related topics, but the Enforcement Guidance regarding arrest and conviction records is one of the more compelling and important items for employers, as so many are impacted. In an economy where more than one in four U.S. adults have a criminal record, it’s… Read more »
