When it comes to hiring a new employee, it’s always important to find someone with a good reputation. But how can you know someone you just met? Where has this person been? In order to truly find out about an employee’s past, background screening is necessary.
Some may say that pre employment screening is a waste of money, but if you hire the wrong person, it could cost you much more. In fact, employee screening can save your money and can protect your business from failing.
Here are 3 ways your business could be at risk if you don’t check a new hire’s history:
The Wrong Hire Can Lower Current Employee Morale and Productivity.
Don’t let one bad egg ruin your perfect team synergy. Your employees are what keep your company breathing, so you want them to be happy working together. Performing a thorough background check will prevent you from hiring the wrong person, and will decrease your company’s risks of damaging reputation, or losing customers/market share.
The Cost of a Bad Hire Can Cost You.. Big Time.
This includes training, severance costs, and productivity lost. Hiring and firing the wrong person could cost your company up to 5x the applicant’s annual salary. So many businesses across all industries end up wasting time, money, and resources to find another, replacement employee. A background check will help you avoid hiring the wrong people and will save you money and time.
You significantly increase the risk of employee theft.
15% of applicants have admitted to stealing merchandise from an employer. Reducing the risk of employee theft with screening will prevent you from losing money and products. Performing a criminal background check can help you know that you aren’t hiring someone who will steal from the company.
It’s important to make sure you are hiring the right people to be a part of your staff. Our background check services help you ensure you are able to hire with confidence. For employee verification and other pre-employment screening services, please give ESS a call to learn more about what we can do for you!