Employee Background Screening Services For Risk Management

What is the normal course that you follow before offering a key position to a candidate? Going through the resume, talking to a few references mentioned by the candidate or running through the past organisation details, right? This often is not enough and can backfire and sometimes seriously. Background screening services are effective tools that can help entrepreneurs take sound hiring decisions and mitigate risks associated with recruitment.  This is the reason more and more businesses across the world including Australia are realising the benefits of background screening and whistleblower hotline services. Investing in a detailed employee background check service ensures that your have detailed information about every new candidate and prevents unpleasant surprises.

Candidates often lie or use exaggerations in their resume to gain advantage. Research suggests that one in every three candidates use some form of embellishment in their resumes often quoting incorrect reasons for leaving the last job or covering up a dismissal. There are candidates who go as far as fabricating a period of employment at a company where they have never actually worked. So, it’s important not to take a candidate at face value and dig deeper into the credentials. A great background check company can help you keep legal, financial and PR related hassles at bay saving thousands of dollars and your hard earned brand reputation.

How Risk Management services can add value to your organisation?

Regulatory compliance:

As a business there are several guidelines stated by the state and federal governments for issues related to eligibility of candidates. If your business relates to healthcare or finances you need to be extra cautious before making a hiring decision as it involves industry specific regulations and licencing concerns. Not compiling with these can lead to heavy fines or your business may be placed under a continuous audit.

Organisational safety and employee security:

You would always want to provide your employees a secure working employment. A risk management company through effective criminal and credit check, drug testing and more, can identify and raise red flags in the resume of a prospective hire.  This saves a business hassles related to fraud, workplace violence, theft and drug use.  In today’s world of internet revolution, news spreads like fire and one bad hire can mar the reputation of your entire organisation.

Whistleblower hotline:

Are you looking to collect valuable employee feedback which can be monitored? Do you wish to implement required changes based on this feedback & improve employee satisfaction?

Whistle blower hotline services can be of great help in such cases. Whistleblower hotline acts as a potent tool for collecting employee feedback and deters corrupt employee behaviour. Earlier they were mostly telephone based but these days there are lots of internet based whistle blower hotline services that provide employees the desired anonymity & security.