The Key Advantages of Hiring a Background Check Agency vs Doing it In-House

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In-house background checks with current and future employees can be done, however, it is time consuming and requires a lot of work to determine what is required, and then regularly screening employees with speed and accuracy.

Hiring a specialist background screening agency is the most efficient and cost-effective way to ensure that you are hiring the right candidates for your company. There are many advantages of hiring a background checking agency, rather than doing it yourself.

background screening specialist
Background screening specialist

A background checking agency will be able to provide you with a more comprehensive service than you would have been able to do on your own. They have access to multiple databases that are not available to the public, and they can provide you with precise information about a candidate's education, criminal records, employment history, driving record and much more.

background check agency
Background check agency

Another advantage of hiring a background screening agency is that their reports are generated faster than if you were to do it yourself. When you hire an agency, they will be able to provide you with live reports right away.

The Cost of Hiring Out an Agency vs Doing it In-House

Background checks are a necessary part of any hiring process. They help you make sure that you are not hiring someone who has a criminal record or other misdemeanor. It can also be used to check if the person has any debts or financial judgments against them, which could prove costly for your company if they would be accountable for budgets / other financial management. Background checks can also help in making sure the person is qualified for the job by verifying their education and experience levels.

Selecting a company to do background checks is also a good idea if you don't have the time or resources to do it yourself. But, what's the cost of hiring an agency? The cost of hiring out an agency will vary depending on the scope of work.

background check service providers
Background check service providers

It is also important to consider the benefits of hiring out an agency that can be less expensive than doing it in-house, when you factor in the cost of mis-hire which can happen if your own staff are not experts in background checking and don’t have the advanced tools to perform background checks accurately. The main goal of selecting a specialist company to do background checks is to save you time and money. 

How to Hire a Background Checking Service Provider

Background checks are a crucial part of the hiring process for all companies. It is important that you choose the right agency to do your background checks. By following these simple steps, you will be able to find a strong screening specialist. 

reference check agencies
Reference check agencies

The first thing that you need to do is to decide on your talent hiring objectives and needs, and how the background screening specialist may help you to deliver against these priorities. There are many different types of agencies available, so it is important that you choose one that matches your needs. For example, if you are looking for a service provider that can perform checks of multiple countries then it would be best to go with one that currently has services that deliver in multiple markets around the world. 

The next step would be to research the company before contacting them or submitting an inquiry form on  their website. You want to make sure that they have been providing screening services for various companies, across different vertical sectors, so do some research on their current clients. Check if they have some good case studies.  

reference checking agency
Reference checking agency

You should also make sure that they are licensed or accredited by various institutions, and with which trusted partners they work internationally. 

Verify that they have the best integrated and secure software platform, coupled with a first-class trusted service.

Once you have the company narrowed down it is time to contact them for a quote. 

Doing your own research on the service provider is going to be very important because if you go with them without researching them first, you might end up hiring the wrong company.

FAQs about Background Check Agencies

What agency company do most employers use for background checks?

One of the most reliable agency for background checks is Veremark which provides fast, accurate, secure and scalable background checks. Veremark offers comprehensive selection of online background checks for employment which can be used by all industries and sectors. This includes automated reference checks, identity checks, bankruptcy checks, civil background checks, credit checks for employment and so many more.

What is the most reliable background check site?

Background checks are essential for any company looking to hire new employees. There are many background check sites that offer different services and comprehensive reports. One of the most trusted background check site is Veremark which has employment background checks that can be used by all industries and sectors and by companies of all sizes. Veremark employee checking service is completely customisable, so you can carry out a one-off check for a single employee or perform bulk checks on numerous candidates at once.

What is the best free background check?

One of the best free background check is Veremark, their platform is completely free, there is no cost or set up fee to get connected. Veremark also offer an employment background check free trial.

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What background check do I need?

This depends on the industry and type of role you are recruiting for. To determine whether you need reference checks, identity checks, bankruptcy checks, civil background checks, credit checks for employment or any of the other background checks we offer, chat to our team of dedicated account managers.

Why should employers check the background of potential employees?

Many industries have compliance-related employment check requirements. And even if your industry doesn’t, remember that your staff have access to assets and data that must be protected. When you employ a new staff member you need to be certain that they have the best interests of your business at heart. Carrying out comprehensive background checking helps mitigate risk and ensures a safer hiring decision.

How long do background checks take?

Again, this depends on the type of checks you need. Simple identity checks can be carried out in as little as a few hours but a worldwide criminal background check for instance might take several weeks. A simple pre-employment check package takes around a week. Our account managers are specialists and can provide detailed information into which checks you need and how long they will take.

Can you do a background check online?

All Veremark checks are carried out online and digitally. This eliminates the need to collect, store and manage paper documents and information making the process faster, more efficient and ensures complete safety of candidate data and documents.

What are the benefits of a background check?

In a competitive marketplace, making the right hiring decisions is key to the success of your company. Employment background checks enables you to understand more about your candidates before making crucial decisions which can have either beneficial or catastrophic effects on your business.

What does a background check show?

Background checks not only provide useful insights into a candidate’s work history, skills and education, but they can also offer richer detail into someone’s personality and character traits. This gives you a huge advantage when considering who to hire. Background checking also ensures that candidates are legally allowed to carry out certain roles, failed criminal and credit checks could prevent them from working with vulnerable people or in a financial function.

Transform your hiring process

Request a discovery session with one of our background screening experts today.

State of Hiring and Background Checks Discrepancies

Veremark’s 2022 Annual Report is based on the background check data collected from over 100,000 checks from companies and professionals across 6 countries and 5 key industries last year.

This report focuses on the state of hiring and background check discrepancies and is an essential guide to all recruiters and HR professionals conducting hires, background checks and onboarding in 2022.

In this report, we discuss:  

  • What areas and factors can Background Checks discover?  
  • Where did the findings come from by country and sector?
  • Discrepancies by top 5 sectors
    • Fintech and Financial Services      
    • HR, Staffing and Recruiting      
    • Technology and Software      
    • Professional Services      
    • Business Process Outsourcing (BPO)
  • Discrepancies by top 6 countries
    • Estonia      
    • Singapore      
    • United Kingdom      
    • Australia & New Zealand      
    • India      
    • Philippines
Get your own copy!