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The Importance Of Personnel Vetting In Staff Management
Statistics have shown that one out of four applicants lie on their resume or CV and that over 50 percent of inventory theft is committed by employees. Hiring the wrong employees costs employers millions of dollar per year through theft, payroll fraud and the resulting damage to an organization's reputation. The best way to manage and mitigate the risks of deceitful or fraudulent employees is through the implementation of a qualified personnel vetting and pre-employment screening process.
While all security organizations require pre-screening of all employees, the practice is equally as important in other environments where the safety and security of people's goods or property is a part of an organization's operations or it is in the best interest of the general public. These can include environments like nurseries and schools where the well-being of children are at risk, medical facilities that care for elderly or disabled individuals and financial institutions that are charged with the secure oversight of funds. The most advantageous way to assure employees in these areas will not become a risk factor is through thorough criminal record checks and verification of employment histories.
Even for those business organizations that provide services outside of the general public welfare, a personnel vetting and pre-employment screening process can often mean the difference between profit and loss. Retailers and equipment suppliers with large inventories all need employees they can trust with money and inventory that can lead to theft or fraud when left in the care of dishonest people. Maintenance providers also must assure that their employees can be trusted around properties and information in settings where there are often few other people around. Using a personnel vetting process can help assure that a business does not become vulnerable to actions by employees that lead to profit losses due to increased insurance costs or possible legal actions against the company.
A qualified personnel vetting process can also benefit business organizations that need to invest large amounts of time and money in training their employees. Thorough checks into an applicant's employment history, education and career gaps can assure that that person does not have a pattern of changing jobs on a regular basis, has falsified their educational background or is someone who has covered up past employment problems with career gaps on a resume or CV. Completing a credit check on applicants can also assure an organization is hiring a person who is responsible with their money and appreciates the financial commitment an organization puts into a lengthy training program.
Implementing a qualified personnel vetting process into a business organization's staff management program just makes sense. In the long run, it can help assure the integrity and financial stability of any organization.
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