In today's competitive job market, businesses must make informed decisions about hiring and retaining employees. Employment background checks provide valuable insights into a candidate's past, helping employers evaluate their qualifications, credibility, and any potential risks. If your business is wondering if they should screen incoming or existing employees, consider these statistics.
The Professional Background Screening Association (PBSA) reports that screening employees is "nearly universal" among U.S. employers. Further statistics include:
We recommend background checks of new and existing employees to reduce the risk of negligent hiring and other workplace challenges. Most employers use this rationale to protect their brand and their staff.
Regarding the timing of screening during the hiring process, our survey revealed that it was common among employers to conduct employee screening after an interview or after extending an offer. Here are more current statistics:
See also: What is the optimal time to run a background check?
With so much value placed on employment background checks, 81% of employers surveyed said they will not be switching screening providers. When selecting screening partners, employers look for quality and accuracy (83%), speed (58%), and cost (54%).
Have you found that these are the reasons you're satisfied (or not) with your employment background check provider? If you're considering if you need to screen new hires or current employees, we have decades of experience to answer your questions. Connect with VeriFirst to see if we can help.
2021 Statistics found at Background Screening: Trends in the U.S. and Abroad