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Why Your Company Needs to Be Using a Dependable Background Screening Service

PSI Team | Uncategorized

Regardless of the industry you operate in, there is no denying the importance of using the right background screening service in your onboarding process. With professional background checks, you help your business run smoothly, maintain a strong reputation, and save money. But even if you acknowledge the importance of professional screening and information acquisition, it may be a challenge to find a solution that works for you. If you are looking for a dependable background screening service, but you are not sure where to start or who to trust, then follow our simple guide below.

Why is a background screening service important for a company?

First and foremost, a company is only as good as its employees. Your overall workplace productivity and quality of your day to day operations depends on the degree to which you choose the right people to perform tasks and transactions. While different industries have different requirements, there is no denying that hiring employees who can pass a basic background check is a key pillar to productivity. Unfortunately, it is all too common for companies to neglect this important step, which ends up leading to vast amounts of wasted time and resources. Even if using a background screening service seems like more of a hassle up front, it will always end up saving you valuable time and money in the long run.

Background checks are vital to maintaining your company’s reputation. This is true for customers’ opinions of you, and also for other businesses who work in similar or adjacent industries. If you hire employees that are prone to issues such as drug abuse, then it is only a matter of time before they contribute to a poor reputation among your clients and peers. This can end up costing you unseen amounts of lost business. Additionally, the long term health of your business depends on keeping up an excellent brand and image. You should also consider that the right employee may think it is suspicious if they are hired but not required to pass a background check. By hiring employees that have passed a screening, you can rest assured that you are building a positive workforce that contributes to reputation, instead of tearing it down.

How can a background screening service save a company money?

Using our earlier example of hiring an employee with a record of substance abuse, it may be easy to assume that employee problems that result from drug and alcohol abuse are costly for companies. It is interesting to look at the research data that illuminates just how costly these kinds of employees can be, yet many companies neglect conducting a due diligence background screening to uncover these types of issues. When it comes to workplace accidents, drug and alcohol abusers are involved in approximately 20-25% of incidents. In addition, they are also five times more likely to file a worker’s compensation claim, and they are three times more likely to report for work late. Over any significant period of time, it is quite clear to see that these figures can add up to serious losses in time, money, and productivity. 

When you use a background screening service, you can dramatically reduce your risk of hiring employees that will put you at risk for these types of behaviors, or behaviors related to other negative or criminal behavior. When you think about the costs of workplace accidents, worker’s compensation, and the average pay-out for a negligent-hire lawsuit, investing in background screening checks can actually help you save potentially enormous amounts of money.

As with most investments, you may not see evident returns immediately. But when it comes to screening employees, the benefits are enormous when you zoom out and consider any significant period of time. A good employee will give you years of productive work and contribute to your company’s longevity. A bad employee will only distract from your mission and lose you money, time and time again. Investing in background screening is an important part of maintaining a well functioning company.

If you are looking for a dependable background screening service, but you are not sure where to look, then contact us today. With years of experience and an established track record of satisfied customers, we would love to help you improve the productivity and longevity of your company by making sure you hire the right people for the job.