Ben Goldberg, CEO of Aurico
Hiring new employees can be like walking a tightrope. It is important to find the right candidate with the qualifications and integrity to do the job, but in today’s hiring climate it’s not enough to accept candidates at face value. For employers, a background check is a reliable way of verifying claims made by job seekers during the hiring process.
Still, job seekers are often confused about what a background check entails. Some think of it simply as a criminal history check. In reality, a background check is much more than that. It’s the process by which you find your best candidate by looking at, yes, criminal records, but also education and employment history, references, etc. Each is a very important piece of the puzzle. After all, the average cost of one bad hire is nearly $17,000.
According to a new CareerBuilder survey that outlines myths around background checks, not all companies or workers know the screening process – or may underestimate the importance of doing screenings. Below are four common myths employers think are facts and realities that show the truth.
Myth 1: Background checks aren’t always necessary.
Reality: Eighteen percent of employers said they made a bad hire because they didn’t conduct a background check. Given the cost of a bad hire, this can be an expensive misstep.
Myth 2: All background check systems are created equal.
Reality: Twenty-nine percent of employers made a bad hire because they received bad information about the candidate. Fifteen percent of employers have run into litigation for not hiring someone because of what was found in a background check. Make sure your provider keeps up with compliance standards, is National Association of Professional Background Screeners (NAPBS) Accredited, and ensures the candidate is informed and supported.
Myth 3: My background check system provides a good candidate experience.
Reality: Sixty-five percent of employers have never tested out their system themselves to see what the candidate experience is like. Not only is it crucial for employers to experience the process first hand, it’s important to seek direct feedback from candidates.
Myth 4: Background checks typically take one to two weeks.
Reality: The longer the background check, the higher the risk of losing the candidate because you couldn’t verify information fast enough and they moved on to another employer. Typically, background checks should return in less than five business days, but on average checks take 24 – 72 business hours to complete.
Why Should You Run Background Checks On Job Applicants?
First and foremost, you should run background checks to help keep your employees and your business safe. But it doesn’t stop there. Background checks are a critical way to safeguard the many facets of your business that need to be protected.
Here are five reasons background checks should be part of your pre-hire process:
- To provide a safe workplace for employees and customers
- To hire the most qualified people who will help to grow your business
- To minimize exposure from employee liability by practicing due diligence in the hiring process
- To encourage honesty in the application and interview process
- To eliminate uncertainty in the hiring process
Are you in the market for a background check provider but overwhelmed by the choices out there? Are you even sure you know how to identify a good background check provider? Check out this guide.