It has recently come to Corra’s attention that a rather substantial company is intending to hire a key executive in its financial department. They will probably be paying their candidate close to $500 thousand dollar, between salary and bonus, etc. And yet, they are hesitating to run a background check on this person.
In this day and age you have to be crazy not to run a background check. And if your candidate is going to be a major player and is in your financial area, then it’s almost mandatory to run the federal criminal and federal civil searches to check him out for white collar crimes.
If you are paying someone half a million bucks, then spend a couple of hundred to make sure you are not inviting serious embarrassment or litigious and legal issues to your company. For the lesser positions, you can spend less, much less, and get some piece of mind about your job candidates. You will find it most cost effective in avoiding the kind of occurrences that lead to serious legal fees and a variety of losses.
This is not the age to step over a dollar to pick up a dime, as they used to say on the street. Or be penny wise and dollar foolish.
When you have a prospective employee handling your money and having access to your databases, run the credit check as well as all the other searches. Don’t balk about the pre-employment screening program.
Check them out before you hire.
