Conducting Background checks of candidates became a common and significant factor during the recruitment process in almost all industries. It is mainly to ensure safety and on the other hand to pick the best one from the rest. Clear background checks can provide information concerning a candidate’s previous working experience and records. This can assure employing honest persons from the applicants.
Recruiting a suitable employee can mean the meeting of company goals for growth. However, as with many business practices, there’s no sole recruiting action you can perform to promise success. Instead, you have to do a lot of careful steps to source, assess, and screen applicants successfully. Doing such could benefit you control employing risks and avoiding hiring decisions with alarming results for you, your workers, and customers.
Safe and secure workplaces are the need of the hour and the process of criminal background verification is at the very core of providing us with the needed relief. If you’re waiting around for any company to revert regarding your recruitment, it’s highly likely that they are conducting employee background checks before they welcome you on board.
More than 90% of employers use some patterns of background screening on applicants or employees when making employment decisions. There can be several intentions for using them: assuring safety in the workplace; curtailing exposure to liability and legal costs; validating data given by applicants and employees, and making sure position fit.
Banking and finance are the most crucial and pivotal sectors in an economy, as they are intuitively taking part in an individual’s property, money, and investments. However, cases of identity thefts, accounting frauds, asset appropriation, and money laundering are synonymous in the BFSI sector.
The job market these days is quite strong, which implies the average employer will obtain dozens of applications for each employment vacancy that opens up. With so many applicants, the procedure of trimming down the serious nominees, and then selecting between them, becomes even more complicated and vigorous. Hiring can be a long, drawn-out, and dreary responsibility.
Given the possible risks and significant investments related to the hiring of individuals, about whom companies know nothing, conducting a background verification is a vital process that organizations must follow. A database check could uncover information about the conduct of an applicant in the past. Database checks involve a thorough inquiry into systematic databases.
Employers usually use credit checks to gauge the trustworthiness and aptitude of employees in managing money. Often hiring committees to think employees who skillfully oversee their finances would do the same for the company and high-stakes projects at work. Employers who run credit checks see a limited version of the employees’ credit report.
Our society is a mixture of different types of people from different backgrounds and numerous parts of it have been found intoxicated with people who are continuously exposing themselves to illegal medications and misuse. This has been a complete headache when this misuse started affecting the workplaces on a serious level. Many countries have reported the loss of huge amounts of money which has affected not only their profit but also the efficiency and productivity at stake.
Appointing a better domestic helper to your home is a herculean task to be done. A well-organized background check is unavoidable in the case of hiring a domestic service provider. As they are more like a new member of the family, it is never easy to pick out the suitable person for your home. The hiring decision regarding the domestic service provider demands great care and caution.
To represent and run a company, the best of the best is expected. Hiring a new employee can be tough, and the inclusion of running a background check as part of the hiring procedure can make it even harder. While nobody’s record is likely to be perfect, factual troubles will cause managers to count a candidate out.
Background screening is ever evolving and in need of constant adaptation, especially as technology, regulation and digitization evolves in India and across the world. BGV as it is has a bad reputation of being ever so static, traditional and slow. Legacy players have done little to let go off this dubious tag.
Negligent hiring is a legal claim made against an employee. This legal claim can be done by any individual (customer or employee) who is injured by an employee who has a past of similar incidents. The claim proclaims that the employer knew or should have known the past of the employee before hiring them. If you are a failure in researching the past of the employee, then you are responsible for their actions.
Marriage is a very beautiful bond based on love, respect, trust, and not least of all commitment. Being a lifelong process, marriage demands trustworthiness and candor. A confirmation regarding the veracity of the identity of individuals concerned is an inevitable part of the process of marriage. Genuineness can be made firm only by a better background check. Just like any other event, marriage also calls for a thorough background check. Before getting into the commitment of marriage, both the partners should be well-aware of anything and everything about each other.
We, at Millow, keep an eye on surveys that advise the importance of pre-employment background screening. As we are on a mission to reform the Background Verification Industry, leveraging most modern technologies in relation to offering risk management & compliance services becomes a norm for us. We value people & enterprises while understanding the significance of pre-employment background screening in every professional establishment.
While technology has a critical role to play in the background screening process, physical verification also has an important role to play. Certain checks need to be performed by ‘boots on the ground’. The best way to verify a person’s residential address is indeed a physical address verification by a field investigator. Also, in the absence of databases or low digitization, which can be the case for remote universities, physical visit to the registrar’s office maybe required.
Social media background screening is the new kid on the block, as it were. Traditional methods of background verification are good and play a valuable role in the onboarding process. However, with exponential growth in the usage of social media websites and platforms in recent years, there is a plethora of data on a person’s behavior that can be used (after collecting consent) to mitigate incidents of fraud or negligent hiring and safeguard the reputation and P/L of companies.
Many companies and their HR departments are faced with a common question “Which background verification company should we choose and why? Background verification is still a nascent industry in India and is slowly but surely growing. As more startups are born, especially the technology-enabled ones, background verification only increases in significance.
Employers' primary means of obtaining information about prospective candidates from sources other than the applicants themselves are background examinations and reference checks. A background examination includes assessing whether an individual is unqualified for a job due to a criminal record, motor vehicle violations, poor credit history, or educational or work history misrepresentation.
Background verification or bgv is synonymous with employee screening. It is the process of ascertaining the identity and credentials of an individual for the purpose of hiring, loan giving, tenancy, marriage, etc. We deal with many strangers daily and have no clue about their past. First impressions are often misleading and one must refrain from purely relying on a ‘gut feeling’.
Background verification process is considered as an important pre-employment screening step before making a hiring decision. A background check can protect the company from several potential risks. Besides, making a bad hire can result in wasted resources and prove costly for your business. Apart from that, it will lower morale among your team and damage your reputation.
Public criminal record check is part of the rigorous background check that takes place before a candidate is hired. It checks different documents available in the public domain to expose the candidate's criminal background, if any. A criminal record audit includes looking through court records for civil and criminal cases.
Property managers and landlords can reduce the chance of a bad rental experience by properly screening tenants before approving. One thing most landlords agree on is that searching for tenants is a tedious task. Especially if you are not a property manager, this can be an overwhelming and time-consuming task. Searching and choosing reliable and trustworthy tenants can give the property owners long-term returns.
Building a futuristic career is a big dream of every professional. Lucky are those who get placed in the top MNCs of the world. But do you think that your journey to becoming an employee in a fortune company is as easy as a pie? No, to be a part of an MNC, aspirants must study hard and harness their professional and personal skills even at the time of their study.