Member Sign In - Are you a member yet? If not, become a Member of Criminal Background Records today! Criminal Background Records - CriminalBackgroundRecords.com is your online source for criminal records. Meeting the demands of the background retrieval industry. Criminal Background Records
www.CriminalBackgroundRecords.com
Register as a member to save time when ordering multiple Criminal Record Checks - Court History Search
   

Risk Mitigation Background Screening


NewsNovember News
Ban the Box Activity Highlights Immediate Call to Action for Hiring Managers, Opines CriminalBackgroundrecords.com

View Demo & Videos YouTube Criminal Background Check

Twitter Background Check
November 8, 2010 Return to News & Events

Risk Mitigation: A Crucial Element of Background Screening

Background screening is a key element in the hiring process.  A primary purpose is to gain critical information to verify information provided by a candidate.  Criminal history, social security number trace, driving records, employment and education verifications are data sources Human Resources (HR) utilizes in this vetting process, but HR professionals know that verification and validation of information is only one use of a background check.

  1. Creating a safe work environment is a core responsibility for HR and risk mitigation is a primary activity. 
  2. RISK MITIGATION IS DEFINED AS FOLLOWS:

    “Systematic reduction in the extent of exposure to a risk and/or the likelihood of its occurrence”

    Background screening is methodical and systematic activity that is designed and utilized specifically to control and/or reduce the amount of exposure one may have in a particular situation.  Beyond a tool for pre-employment screening and verification, background checks provide key information and data points that allow individuals to make informed decisions about hiring or engaging others in a situation that may be considered uncertain or risky.  Examples may include hiring a nanny or caregiver, renting property, or engaging volunteers.  Thorough background screening helps eliminate potential risk.

  3. There are several areas one may consider that have potential for risk.
    1. Personnel
    2. The most obvious form of risk mitigation is to protect individuals from potential harm.  A proper background check will utilize criminal records, social security number trace discoveries and other reports to both verify and validate information supplied by a candidate.  Understanding the recent past of an individual will inform the potential for risk.  Providing a work environment that is free from the threat of personal harm is important, not only to the existing employees but also to new hires as well.
    3. Property
    4. Landlords and property managers understand that property damage can cost thousands of dollars and take a valuable, income-generating property off the market for long periods of time.  Property damage affects business as well.  There is always potential for intentional damage, especially in warehouses, on production lines or with company vehicles.
    5. Financial
    6. Workers' Compensation fraud is one of the most expensive costs a company can incur.  Without checking Worker's Compensation history the potential for risk remains high.  Additional reports, such as a nationwide criminal background check, draws information from a number of different databases relevant to discovering a variety of "white collar" crimes.
      Fraudulent Worker's Comp claims continue to be prevalent in today's modern economy and will continue to be a threat as they are difficult and expensive to disprove.  Fraud also comes in a variety of other forms.  It can occur in different areas of a business and is not just an activity that affects Accounting.
    7. Reputation
    8. Every company wants to present a positive image to the public as well as their work force.  One bad hire can significantly harm a company.  As a reputation is damaged current employees that excel in their positions may chose to leave or prospective employees may chose to look elsewhere. 
    9. Material
    10. Background screening often creates a barrier that potential "bad employees" seldom cross successfully.  Material loss is a significant cost center for retail and warehousing companies and loss management departments carry the burden of controlling these costs.  Increasingly, retailers often use thorough background screening to vet employees at the lowest levels.  Gone are the days where one could walk into a department store and get a job without the worry of a background check.

In the end, background screening is a critical aspect of risk mitigation.  In an era where a single employee can bring down the largest company with a single act, the best practice is to put in place significant risk mitigation policies.  A thorough review of criminal records, verification of employment and education provide the information one needs to make an informed choice.

PREVENTION THROUGH BACKGROUND SCREENING IS A COST EFFECTIVE,
FAST AND EFFECTIVE MEANS TO MITIGATE RISK.

Lower your exposure to risk and become an employment screening member of CriminalBackgroundRecords.com      Apply for a monthly billing background check account at: http://www.criminalbackgroundrecords.com/account.html

To schedule an appointment to speak with a business development expert about pricing, setting up an account or creating a specific background screening package that meets your requirements and fits in your budget, please send an email to: bd@infoeinc.com and one of our representatives will promptly respond.

This has been a CriminalBackgroundRecords.com News Publication - All rights reserved
CriminalBackgroundRecords.com is “An Information Enterprises Solution”


menu graphic
Instant Background Checks
  bullet State Background Checks
  bullet 3-State Background Check
  bullet National Background Check
Non-Instant Background Check
  bullet County Background Checks
  bullet Federal Search
  bullet SSN Validation &
    Address History Trace
  bullet Driving Records
  bullet Eviction Checks
  bullet Professional Verifications
menu graphic

menu graphic
  Employment Screening
Credit Checks for Landlords & Renters - Tenant Screening
  Interactive Map of USA Click map
to view
larger map
menu graphic

   We accept PayPal, Google Checkout, Master Card, MC, Visa, American Experss, AMEX, and Discover credit cards.
PayPal     PayPal Background Check

Click to verify BBB Accreditation and to see a BBB report of Criminal Background Records.

NAPBS Logo



Public Records Blog
blog.CriminalBackgroundRecords.com

 

 

Home | Order a Criminal Search | Order Lookup | Sample Record | News & Events | Search| Blog | My Background Check
About Us | Criminal Background Checks | Eviction Checks | Questions | Interactive Map | State Criminal Record Descriptions
Contact | Resources | Misspelled Words | Criminal Codes | Glossary | Abbreviations | Testimonials | Public Records
Sex Offender Check | Human Resources Background Checks | Tenant Screening | Employment Screening | Felony Search
Instant State Criminal Search | County Criminal Search | Instant 3-State Search | National Background Search