It seems that hiring and retention are becoming more complex and critical every day. In turn, the job of HR is becoming more complex and critical. Consider the more than 180 federal laws enforced by the Department of Labor. Or the fact that it costs employers 33% of a worker’s annual salary to hire a… Read more »
Posts Tagged: occupational fraud
It’s that time of year again. Yes, of course, the holidays. But in the business world, it’s that time where we reflect on the months past and set goals and priorities for those that lie ahead. Like all areas of business, the realm of human resources is evolving fast. Changes in technology and society as… Read more »
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 »
HR professionals know that people lie on their resumes. The tactics to investigate the claims include skillful interviewing, background screening, credentials verification, and understanding the red flags that pop up in a resume.
Human capital risk, defined as the gap between the goals of the organization and the skills of its workforce, stems from many sources. Organizations depend on small or large groups of individuals—each related to one another through a division of labor, with each person’s work intended to contribute to achieving the organization’s overall goals. In… Read more »
While it’s true that many organizations background check their employees solely due to contractual or regulatory obligations and thus view it purely as an expense, many others view background screening as a way to build competitive advantage by reducing turnover, improving quality of hire, and mitigating human capital-related risks. Either way you look at, two… Read more »
As a business owner or hiring manager, you’re likely already using employment background checks or have at least considered using them to screen your applicants and employees. One reason employers neglect to background check their employees is the belief that the process requires more effort than it’s worth. To evaluate this belief it’s important to… Read more »