Employers are offering signing bonuses and other creative ways to attract candidates, according to Bloomberg Businessweek. Getting qualified applicants is proving difficult, despite the nearly quadrupled unemployment rate compared to prior to the pandemic. Hiring managers are faced with choosing unqualified candidates or opting out of background checks, for fear of scaring off job seekers.
When an HR professional runs background checks on their applicants, they're looking to weed out those "bad seeds" that might potentially be a bad hire. Employee turnover can be costly, potentially causing the employer to spend 6 - 9 months of an employee's salary to replace someone. It's important to find a candidate that is a good fit and can grow with the company.
Screening applicants can protect employers by preventing damages to company property and, even worse, negligent hiring claims. These expensive lawsuits are brought against a company for failing to prevent harm to another employee or customer of the business. Some examples of recent negligent hiring claims include:
The reality is that the current job market causes some HR professionals to avoid conducting background checks, for fear of losing a candidate over a slow hiring process or a failed report. The good news is that some of these things can be avoided.
Tips to speed up the hiring process:
Tips for fair hiring, even with criminal records:
A positive candidate experience, strong onboarding program, and diverse hiring practices also go a long way to attracting more job seekers.
💡 To reiterate our advice: