Statistics have shown that one out of four applicants lie on their resume or CV and that
over 50 percent of inventory theft is committed by employees. Hiring the wrong employees
costs employers millions of dollar per year through theft, payroll fraud and the resulting
damage to an organization’s reputation. The best way to manage and mitigate the risks of
deceitful or fraudulent employees is through the implementation of a qualified personnel
vetting and pre-employment screening process.
While all security organizations require pre-screening of all employees, the practice is
equally as important in other environments where the safety and security of people’s goods
or property is a part of an organization’s operations or it is in the best interest of the
general public. These can include environments like nurseries and schools where the
well-being of children are at risk, medical facilities that care for elderly or disabled
individuals and financial institutions that are charged with the secure oversight of funds.
The most advantageous way to assure employees in these areas will not become a risk factor
is through thorough criminal record checks and verification of employment histories.
Even for those business organizations that provide services outside of the general public
welfare, a personnel vetting and pre-employment screening process can often mean the
difference between profit and loss. Retailers and equipment suppliers with large inventories
all need employees they can trust with money and inventory that can lead to theft or fraud
when left in the care of dishonest people. Maintenance providers also must assure that their
employees can be trusted around properties and information in settings where there are often
few other people around. Using a personnel vetting process can help assure that a business
does not become vulnerable to actions by employees that lead to profit losses due to
increased insurance costs or possible legal actions against the company.
A qualified personnel vetting process can also benefit business organizations that need to
invest large amounts of time and money in training their employees. Thorough checks into an
applicant’s employment history, education and career gaps can assure that that person does
not have a pattern of changing jobs on a regular basis, has falsified their educational
background or is someone who has covered up past employment problems with career gaps on a
resume or CV. Completing a credit check on applicants can also assure an organization is
hiring a person who is responsible with their money and appreciates the financial commitment
an organization puts into a lengthy training program.
Implementing a qualified personnel vetting process into a business organization’s staff
management program just makes sense. In the long run, it can help assure the integrity and
financial stability of any organization.