Top Benefits of Outsourcing Your Pre- Employment Background Checks to a Background Checking Company

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Why Outsource Your Background Checks?

Background checks are an important part of the hiring process. They provide a sense of security for employers and can help to weed out any potentially dangerous candidates. But background checks are time-consuming, important tasks that take up valuable internal resources. Outsourcing your background checks to a third party can help you save the valuable resources and the associated time. 

This article will explore the benefits of outsourcing your background checks, as well as some common use cases for outsourcing them. 

First, it enables companies to avoid incurring costs associated with a bad hire because there are always costs associated with hiring the wrong people. By outsourcing your background checking with an expert, you may further reduce the chance of hiring the wrong candidates.

Secondly, it makes the hiring process a lot faster and more efficient, as background checking companies have the necessary tools and resources in performing various checks faster.

Outsourcing your background checks will also have a positive effect on your current employees, as they will feel more comfortable in their workplace, and have a greater sense of security, as they know that background checks are being carried out by a background checking company that is an expert in this field.

A Case Study of Outsourcing Background Checks to an Expert Services Provider

Background checks are a necessary part of the hiring process for many companies. Background checks can help employers find out about a person’s criminal record and any other information that could be relevant to their being a suitable and successful applicant for a certain job.

Outsourcing background checks to an expert services provider can be a good solution in this case. There are many companies that offer these services, and they provide live reports that are much more detailed and accurate. Expert service providers can also deliver a background checking service on contractors and other contingent workers.

Things to Consider in Looking for a Reliable Background Checking Company

There are many companies who offer background checks, with some delivering a stronger service than others. Here are some things to consider when seeking an outsourcing service-provider. Be careful of companies that require a large upfront fee or sign-up for their service. 

  • There are companies who may charge you $500 to run a background check for one candidate, and the results may take too long. 
  • If a company requires an upfront fee, ask what their cancellation policy is like. 
  • Be wary of companies that charge a fixed monthly or annual fee for their background check service, which is not mentioned anywhere on the company's website. 
  • Be careful of companies that offer a premium for expedited results, however they will only conduct the background check after the employing business sends them a request. 

4 Factors to Consider on How to Choose the Right Background Check Provider for Your Business Needs

Here are some factors to consider when choosing the right background check provider for your business needs: 

  1. Pricing: Background checks vary in price, so it’s important to find a provider that fits your budget. There are also many offering free trial options, if you prefer to test first on their services. 
  2. Accuracy: It is important that the background check provider has a good reputation for accuracy and thoroughness. This will ensure that you get the most accurate screening information about potential hires. 
  3. Customer Service: Customer service is another factor to keep in mind when choosing a background check provider. If a background check provider has a poor reputation for customer service, then it can affect the quality of candidate background checking you receive.
  4. Speed: Another factor to consider is the speed at which a company processes your requests. This will make sure that you are provided with the information about potential hires in a timely manner.

Conclusion : Transitioning from In-House Screeners to an Outsourced Partner

In-house screeners are sometimes in charge of screening resumes and applications. They are responsible for ensuring that the applicants meet the qualifications of the company they are applying to, and that they mitigate risks of past nefarious activities. They are the first line of defense for companies to make sure that they are only hiring genuine, qualified candidates.

As a result, their work is crucial, although it can be time-consuming and inaccurate. 

The need for an outsourced partner arises when in-house screeners can't keep up with the workload because they have too many other tasks to complete and not enough time to dedicate to screening or background checking. 

This is why many companies outsource their screening process to an outsourced partner instead. Outsourcing your screening process is very beneficial because it will free up your in-house screeners’ time, allowing them to focus on other duties, AND deliver a much enhanced service and integration with the candidate hiring selection process.

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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
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