Many employers are realizing the importance of pre-employment background investigations and are utilizing investigative companies to assist them with this responsibility. This vital information allows businesses to better evaluate their applicants, and avoid the possibility of a threatening or violent employee.
INTERNATIONAL and UNITED STATES BACKGROUND INVESTIGATIONS With our international resources we are available to provide background investigations in the United States and International. All reports are provided in English and are usually available within a few business days. We are able to offer detailed international credit reports on individuals and companies, as well as criminal, civil and available public records. Pre-employment background investigations may include a criminal screening, DMV record research and a social security trace. Each search is thorough and conducted in a highly confidential manner, so you are assured that your information is accurate and current.
Why Conduct Pre-employment Screening?
Current Statistics: The Society for Human Resource Management states 45% of all resumes contain one major fabrication.
The Wall Street Journal said that 34% of all application forms contain outright lies about experience, education and the ability to perform essential functions of the job. College and University registrars report that at least 60% of the verifications they receive contain falsified information.
The Small Business Administration said that employees at all levels falsify their backgrounds.
The American Management Association and the U.S. Chamber of Commerce said that 30% of all small business failure is caused by employee theft. According to the Bureau of National Affairs, from $15-25 billion is lost each year due to employee theft. Today, employers are increasingly turning to pre-employment background screening to minimize legal and financial risk to their companies. No longer can a company take an applicant at face value.
Background checks are no longer a luxury, backgrounds checks are a necessity.
Benefits to Pre-screening Applicants:
- Discourages applicants with something to hide.
- Uncovers falsified or “puffed” credentials.
- Eliminates uncertainties in the hiring process.
- Demonstrates due diligence.
- Encourages good applicants to be honest and truthful.
- Saves money and time spent in recruiting, hiring and training.
- Can help protect against negligent hiring lawsuits.
- Reduces chance of injury to employees.
- Reduces employee theft.
- Reduces turnover.
- Reduces workplace violence.
- Reduces insurance premiums.
- Increases productivity and employee morale.
Pre-Employment Screening Is Cost-Effective:
With the cost of hiring a new employee averaging over three thousand dollars ($3,000), less than 3% can be attributed to the amount of a standard background check. A bad hire can mean an estimated loss to companies of approximately $40,000 in severance pay, training, wasted human resources time, possible search firm fees, loss of productivity, and impact on employee morale. The expense of a bad hire far outweighs the cost of a background check. As with insurance, each employer must decide the level of protection they seek. Usually, the average cost of a background check is equivalent to the cost of a new employee’s first day of work. The following searches are the most common types requested by our corporate and individual clients.
Equalizer PI, Inc. provides the following comprehensive employment and pre-employment background screening services.
- Criminal History
- Civil History
- Motor Vehicle Reports
- Identity Checks (SSN Verification)
- Education and Credential Verification
- Employment and Reference Verification
- Workers Compensation History
- Bankruptcy History
- Judgment History
- Corporate Filings
- Business Registrations
- Real Property Ownership
Equalizer PI Inc. brings added-value to any organization. We believe that our customers come first, and that you experience a positive partnership with our firm. Our goal is to provide our customers with quality, confidential, affordable and personalized services.
As always, at the end of our investigation you will receive an Investigative Report with the details of our findings.
To get started with us today call 1-347-990-6879