WHY PRE-SCREEN
In a tight labour market securing good staff can be a challenge. We understand that those you employ are your greatest assets, as they drive productivity and profit. This is why making the right decision is crucial, and having confidence that you have identified the risks, is important. Hiring qualified, honest employees is critical to your success.
Many employers are under the pressure to full roles and may potentially jump at a seemingly good candidate. Pressure to fill a role can result in managers sacrificing thorough background checks. PPSL will undertake all of the necessary checks on the hiring managers’ behalf, leaving them to focus on the candidates’ personality and the skill set fit that best meets the requirements of the job.
A Background check is your opportunity to verify information provided by an applicant. It may reveal information that was either intentionally or mistakenly omitted – such as maiden names or aliases which may have adverse criminal or credit histories. Background checks also help confirm degrees or certifications earned, as well as providing specific information about prior employment.
Personal Profile Specialists Ltd provides the most comprehensive range of background checks available in New Zealand. The range of checks we undertake can be tailored to each role.
Small businesses are particularly vulnerable without an employee background check. Statistics show that past behaviour is frequently a predictor of future behaviour, so your candidate’s history will go a long way in predicting how they might perform for your company.
According to the Association of Certified Fraud Examiners, small businesses are the most susceptible to employee fraud. In a small company, a single employee tends to have a large amount of responsibility and a small amount of managerial oversight. They often also have access to sensitive information and or may have roles impacting on banking, finances and cash management.
If you haven’t been conducting a background check as part of your employment process, here are some considerations:
- The average cost of recruiting, hiring and training an employee is over $5,000. The cost of undertaking an employee background check is only a fraction of that cost.
- Approximately 11% of our Criminal Record Searches reveal the applicant or employee has a criminal record.
- Our pre employment screening shows that approximately 30% of all resumes contain false or misleading information.
- The average loss for a small business is $127,500 while the average loss for a large company is $97,000.
- Employers who are victims of fraud recover less than 25% of their losses in a only about half of the cases reported.
- The average cost of recruiting, hiring and training an employee is over $5,000. The cost of undertaking an employee background check is only a fraction of that cost.
