June 29, 2009

Research Shows Screening Reduces Risk and Potential Costs

If you're like most HR professionals, the decision to background screen applicants for your company is a given. But sooner or later, the value of your screening program will be questioned. Although it's fairly straight forward to quantify the cost savings of streamlining your screening processes, let's look at some of the soft costs that can be incurred by forgoing an employment screening program. One of the most significant soft costs that can be reduced thru screening is the cost of hiring and replacing a salaried employee. No ...


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May 18, 2009

Playing the Numbers: Employee Fraud

Bill Bart, the owner of a commercial heating, air-conditioning and electrical company in Scottsdale, Arizona, noticed that revenues were consistently falling short of the marks he had reasonably expected. Bill was repeatedly dismayed by the final figures and was uncertain of what could have caused the strangely marginalized profits. In hopes of gaining insight into the problem, Bill asked his wife, who is a banker, to review the company bank statements. What she found was the mysterious disappearance of over $48,000 from the company books. E...


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