Background checks are a standard part of the hiring process for many employers. Of course, as a prospective employee, you probably have very little to no idea of what that entails. If you are interested in finding out what takes place during background checks, you are certainly not alone. You may even question whether such a process is even necessary. These are eight key facts about background checks that everyone should know that help to influence employers as to their hiring decisions.
10 Percent of All Background Checks Have at Least One Red Flag
The number is quite high when you think about it, but overall, 10 percent of all background checks include at least one red flag. That comes to one in 10 of all background checks. A serious red flag is something that cannot simply be shrugged off and usually includes a criminal background or serious allegations against a prospective employee, such as sexual harassment.
Fewer Than 50 Percent of Companies Perform Background Checks
Surprisingly, fewer than 50 percent of all companies even perform background checks. That gives a distinct advantage to the companies that do perform them because it gives them a better chance of hiring the best possible employees. When a background check is done, it allows a company to weed out which applicants they want to consider for a position and which it should avoid. In turn, that makes it far easier to hire quality employees and to avoid problems with those employees down the road.
More Than Half of All Job Applicants Lie
Unfortunately, many people lie. As a result, inaccurate information can appear on job applications as well. Around 53 percent of all job applications consist of lies, which can be damaging to a company if it does not perform background checks. A thorough background check can expose those lies, which makes it better for the company in determining what’s true and what is not so that it can hire honest employees.
Background Checks Can Help Prevent Workplace Violence
Instances of workplace violence make up 18 percent of all violent crimes. Therefore, when companies perform background checks, they can screen applicants for a history of workplace violence and avoid having a violent crime potentially occur on their premises.
There are Many Sites for Performing Background Checks
More than 100 websites offer background check services. However, not all of them will necessarily deliver complete or updated results. Most of these sites aren’t regularly updated, which means there is a good chance that a company will get back information that is inaccurate or outdated. Companies should be discriminating when choosing a site for background checks and ensure that its customer service has a good to excellent reputation. The right site checks for information such as educational history, immigration status, criminal records, bankruptcies and address history.
No Background Checks are Instantaneous or Free
Background checks are meant to deliver thorough results, which means they are not free and are not delivered to a company overnight. A truly professional background check will take some time and come with a fee.
Not Doing Background Checks is Risky
A company that doesn’t perform background checks can put its business at risk. On average, a bad hire can equal 30 percent of a company’s annual earnings. Paying for background checks is cheaper than this type of risk.
Applicants Sign a Waiver for Background Checks to Be Performed
Before any background check can be done, an employer must have prospective employees sign a waiver authorizing a background check. At the same time, certain records cannot be accessed by a company unless the owner gives consent for them to do so. For instance, military records can be released by the army without an applicant’s consent, but the military will only release them in special circumstances.
These are interesting facts about background checks that most people don’t know. If you have recently applied for a job and were informed that a background check would be performed, don’t panic. This is a standard procedure that many businesses use for their own protection.