The Hidden Costs of an Inadequate Background Check

Employers should remember two key factors when preparing to make a new hire: 1. There’s more to a candidate’s background than just surface information and 2. There is no “one-size-fits-all” solution to screening candidates across various industries. Not taking the time to put an effective, thorough background checking procedure in place could lead to more than lost dollars. SHRM.org said the majority of chief financial officers worry less about financial loss and more about productivity drops, internal conflict, and eroded employee morale, reinforcing the need for businesses to utilize the expertise of a reputable screening provider.

 

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Posted Under: Cost of Bad Hires

Post By Ken Shafton (2,326 Posts)