One of the most common questions we get from hiring executives is, “When do I run the background check, before I hire the person or after?”. The paradigm has shifted to post-offer background check with the recent “ban the box” legislation and the Equal Employment Opportunity Commission (EEOC) enforcement.
We will look at three reasons why background checks should be conducted post-offer:
One out of every six crimes occurs in the workplace and homicide is the second leading cause of workplace death in the U.S.
National Credit Verification Service reports that 25% of the MBA degrees it verifies on resumes are false.
72% of shrinkage is due to employee theft.
34% of all job applications contain lies.
30% of small business failure is caused by employee theft.