Most jobs require the applicant to undergo a background check before considered for employment. Employers want to make sure they’re hire the right person for the job the first time around — a bad hire can cost a company an average of $25,000 to $190,000 dollars per year, once you account for training, salary, and lost experience. Background checks help businesses figure out who these best hires are and sort any bad apples out of the bunch.
Recently, the necessity of a background check extends beyond just salaried or contracted employees; more and more companies are requiring background checks for any temps or freelancers with whom they work. This extra measure of precaution helps to ensure that, no matter who you work with and no matter the duration of their employment tenure, you’re always finding the best people.
Freelancers and temps are often brought in as additional support for your existing staff or team. While they may move on to full-time employees, most of these hires are temporary and often see workers come and go. However, like any position, retention is important, so you don’t want to have to be constantly training new hires to make up for the bad ones. Here are some reasons why it’s a good idea to require background checks for any worker you bring onto your company, including freelancers and temps.
- It discourages unsavory character from applying.
- If you don’t require background checks for temps or freelancers, it’s likely that word will spread and you’ll find yourself interviewing a whole host of applicants who may or may not have a shady past. However, if you’re upfront about your screening process, it will turn away a lot of individuals who are not ideal for the position.
- It increases the quality of your company as a whole.
- If you require a check into the history of every new employee, you’re going to find yourself with only the best hires at the end of the day, even if it takes a little bit longer to find them. Although organizations often feel the pressure to make hires as quickly as possible, it’s important that you take the time necessary to find the right fit.
- It can reduce the company’s losses.
- Unsavory hires can often result in losses to the company beyond just lost wages and time. The average business/organization loses up to 5% of its revenue each year due to occupational fraud, which can lead to a drop in employee morale and reduction in productivity. Hiring only the best can help you cut down on company losses as a whole and maintain a great reputation.