Employer Disregard: There’s a term for this in the corporate book: Negligent Hiring. In 2014, a Florida based IT Firm was ordered by the court to pay a hefty compensation to a client who sued one of their employees for misconduct during a meeting. Testimony at the trial revealed that the company had failed to conduct background verification on the accused employee, who had been fired from three previous jobs. (Source: SHRM)
Screener Misfeasance: If you approach one of those run-of-the-mill verification companies that rely on tedious, traditional methods of screening, it’s bad news. Screeners sometimes take the easy way out. Preferring profit over precision, they tend to contribute to the numbers of wrongly cleared. In 2020, a high-ranking New York City education official was federally charged with child crime. Even though he had been employed for four years, his background checks had not yet been done. (Source: Live Mint)
HR Burnout: Due to significant employee turnover and low strength, industries such as retail, manufacturing, finance, and BPO frequently bypass background checks. In India, many small and medium-sized businesses are under pressure to fill positions rapidly while ignoring comprehensive investigation.
The Verification Dilemma: For a typical business, touchpoints are many. Most organisations fail to decode the required set of checks for a particular business objective, resulting in discrepancies in one or more points of contact. In 2022, a UK company faced significant monetary loss due to insider fraud committed by one of its employees. While the accused was made to undergo a basic ID verification before hiring, there was no criminal data on him as the checks were requested but languished in a backlog. (Source: Live Mint)
As you look beyond the sluggish ways of verification, you’d find partners that function on experience, insights, and intelligence ahead of our time. Businesses need accurate checks that are technology backed, come in fast, leave no room for errors, and cover all aspects. Smart, sharp, comprehensive, and futuristic.