Tips for Choosing the Right Background Check Company for Your Business

A background check is an integral part of the hiring process and helps uncover information that may be left off applications, resumes, and cover letters. However, not all screening companies are created equal.

When choosing a provider for your business, consider accreditation and compliance with the Fair Credit Reporting Act (FCRA), turnaround times, cost, technology, and customer service.

Reputation

The reputation of a background check company is essential because it plays a role in the reliability and quality of its services. A reputable supplier will have the expertise and assets needed to deliver accurate and comprehensive reports on time, every time. They should also be able to keep up with industry changes and ensure compliance with all relevant laws.

Even the tiniest white lie on a resume, such as stretching employment dates, could turn up in a background check. In addition, a background check can uncover hidden information that might not be listed on a candidate’s resume or application.

Other standard checks include verification of educational credentials, professional reference checks, and motor vehicle or license record checks. A good provider will have the capability to customize bundles of searches to meet your unique needs. They should also offer flexible pricing options, including volume-based discounts.

Technology

The technology a background check company uses can have a significant impact on the results of their checks. For example, applicant-friendly software that allows applicants to fill out forms, upload documents, and give consent electronically can help to make the process easier for everyone involved. Similarly, integrations with the hiring platforms and applicant tracking systems can create workflow efficiencies for both recruiters and candidates.

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The turnaround time for results can also have a significant impact on the effectiveness of the service. A quick turnaround can prevent your candidates from seeking employment elsewhere, leading to lost productivity and costs for the business. In contrast, a quick turnaround can mean getting your new hires onboard more quickly.

When comparing background check companies, look for technology that prioritizes speed and accuracy. Ask about their turnaround times and quality assurance processes to ensure you get the most value from your investment. It would be best if you also determined whether they offer ATS and HR system integrations to reduce manual workflows.

Pricing

Many background check companies will offer a variety of pricing packages. Some will have standard plans based on a pay-per-check model, some may include volume-driven discounts, and others may provide specialty pricing for add-on services.

It’s essential to compare quotes when choosing a screening company. Be wary of companies quoting turnaround times significantly less than the industry average. While they can provide you with the information you need quickly, their results may need to be more accurate and complete.

The people you hire can make or break your company. It is estimated that bad hiring decisions cost organizations $450 billion in lost productivity annually. Proper background checks can help you protect your business from hiring dangerous workers who could harm other employees or customers. Additionally, completing background checks can save your business money in the form of reduced insurance premiums. The company may retain these savings as profit, or they may be distributed to your clients.

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Customer Service

Any business’s ability to succeed depends on hiring the right staff. Employees need to be reliable, and they must be trustworthy enough to handle sensitive data and assets. A background check is one of the best tools a business can use to help make informed hiring decisions and ensure that new hires are qualified and trustworthy. Choosing a company with fast, reliable customer service is vital to receiving background checks quickly and making timely hiring decisions. Any delays or slowdowns can result in costly mistakes, including lawsuits. Avoid these costly mistakes by working with a dependable, FCRA-compliant background check provider.

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