If you do not weed out the bad seeds up front, how much will their initial training and later on for the training of their replacement cost? What about your potential inventory or cash losses created from hiring a career criminal? Not every employer prosecutes for theft, even though they terminate employees for it. That means that running criminal background checks along side employment verification is critical to pre-employment screening.
Only you can analyze the costs of hiring background check experts versus accurately speculating the costs of potential employee theft.
Most companies find out that conducting some form of pre-employment screening will eventually balance out the costs associated with a single bad hire. Unfortunately, most of those companies figure it out only after a major case of employee theft has surfaced.
In order to conduct a realistic cost/benefit analysis, you need to be able to anticipate both the short and long term costs. In this situation, the comparison would be between the immediate or short term cost of paying background check experts, and the long-term costs associated with hiring and then rehiring a replacement for a bad hire.
When you hire background check experts, chances are they can investigate more points than you can yourself simply because they have the time and better resources. Once you factor in the time you would have to be paid to do the checks yourself, you might find the cost benefit analysis is swayed in a different direction.
To purchase Pre-Employment Screening Services or for more information on background check experts, background checks, criminal background checks, employee background checks or pre employment screening contact us at the background check company or call 1.770.426.0547