4 Ways Background Screening Helps Boost Your Bottom Line

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Smart businesses conduct their operations in a manner that positively impacts their profitability or bottom line – from processes and solutions to service delivery and workforce. In today’s landscape where credential fraud and diploma mills are widespread, ensuring company staff are genuine and fit for role necessitates the importance of background screening. Here are four ways implementing a robust background screening program for potential and existing job candidates boosts your organization’s bottom line:

1. Shorten the recruitment process

HR professionals and hiring managers go through a lengthy and time consuming procedure of selecting, interviewing and approving a candidate for an available job position. Applying an accurate screening program can significantly help in fishing out unqualified or dishonest applicants, thus saving both time and money.

2. Reduce the chances of hiring the wrong people

Giving the job to the wrong person may cost the business a substantial amount of money. To this end, verifying their academic, professional and personal information before hiring them can actively mitigate such losses and safeguard your organization’s bottom line.

3. Lower the risk of losing clients

An incompetent employee is the fastest way to lose a client, leaving the company to deal with unnecessary implications and reputational damage. By screening applicants before hiring them, you can dodge similar occurrences and avoid such risks upfront – hence not only retaining, but also growing your client base.

4. Avoid lawsuits related to negligent hiring

Employees have a direct impact on the satisfaction and wellbeing of the people your business serves, especially in vital sectors like healthcare or education. Conducting a comprehensive background check on job candidates – both potential and current – protects your organization from falling prey to negligent recruitment lawsuits, which cost a hefty sum of money.

About The Author

  • DataFlow Group

    The DataFlow Group is a global provider of Primary Source Verification (PSV) and background screening solutions. Our mission is to help organizations identify fraudulent credentials in potential hires and mitigate risks. We also are dedicated to supporting applicants through the PSV process. By leveraging innovative technology along with our expansive network of more than 100,000 issuing authorities around the world, the DataFlow Group ensures every document submitted is verified for accuracy according to global industry best practices and Joint Commission International (JCI) guidelines.

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