The Financial Case for Businesses to Conduct a Credit Background Check [Infographic]

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Conducting a background check is a standard hiring procedure to help employers gain additional insight on a candidate’s personal and professional history before extending an employment offer.

The most common information uncovered from a background check includes past addresses, location and dates of previous employment, and criminal history. However, many businesses also review a candidate’s credit history for select positions as an additional screening method to help assess a candidate’s potential to commit financial theft or fraud.

According to a study published in the International Journal of Selection and Assessment, employees with a history of financial concerns are almost twice as likely to engage in workplace misconduct, compared to those without past financial concerns.

Download this infographic to learn why adding a credit background check into your hiring process might be right for your organization:

Download the Infographic on iCIMS.com

HireRight

HireRight is a leading provider of on-demand employment background checks, drug and health screening, and electronic Form I-9 and E-Verify solutions that help employers automate, manage and control background screening and related programs.

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The HireRight Blog is provided for informational purposes only. It is not intended to be comprehensive, and is not a substitute for and should not be construed as legal advice. HireRight does not warrant any statements in the HireRight Blog. Any statutes or laws cited herein should be read in their entirety. You should direct to your own experienced legal counsel questions involving your organization’s compliance with or interpretation or application of laws or regulations and any additional legal requirements that may apply.