The cost of hiring, training, and staffing an employee is a company's largest expense. However, the potential costs of not screening each applicant can be even more costly and even bankrupt a business.
In 2000, one industry expert stated that the average jury award for negligent hiring was in excess of $870,000.00. In 2004, according to the U.S. Chamber of Commerce, $50 billion dollars are lost annually and 30% of business failure is due to internal employee theft and fraud. Other current statistics indicate that 7% of all applicants had a criminal record in the past seven (7) years, 15% of employment verifications uncovered discrepancies, 32% of driving records had violations or convictions, and 49% of credit reports showed a judgment, lien or bankruptcy, or account that was reported to a collection agency. For the nominal cost to simply perform a due diligent screening on each applicant, which is typically less than a full day’s pay, to protect your business, your assets, and your employees, doesn't it simply makes sense to incorporate as part of your standard operating procedure?
Conducting background checks on all new hires as a standard business practice is simply money well spent to avoid potential problem employees and disruption in the workplace.
Accurate Reporting -
We only report criminal record information that has been verified as accurate, current, complete, and up
to date in compliance with federal law.
Quality assurance is paramount with Ekeholm for your protection!