Employment Credit Check and Your Business

If you are an employer, regardless of what industry you work in, you know that your employees are what make or break your company. You want to make sure you are hiring people that not only have the experience and the education required, but also have the right attitude and background. Sure, a resume and an interview can help you feel more confident about your choice but it takes more than a simple scan of a cover letter and a few questions to really get to know someone. Many employers will also ask for personal and work-related references when going through the hiring process, which is an excellent way to discover more about a potential employee, but it is often not enough. After all, most people will include references that are guaranteed to make them look good, no matter what. What you need is some way to know the truth about your potential employee before letting him inside your business and putting him on the payroll. What you need is an employment credit check.

An employment credit check is a smart and effective tool used to gain access to potential employees' past credit history in order to determine if they will make a good fit with your company. A credit check is a detailed account of your potential employee's financial history, personal information and employment history, as well as any criminal activity. All four of these things can help you determine if you are making the right choice about your future staff.

Employment Credit Check Basics

An employment credit check can help provide you with the following information:

• Your potential employee's social security number, tax filings and other general information. Employee theft and identity fraud are constantly on the rise and one of the best ways to protect against this is by doing an employment credit check. With a credit report, you are granted access to the personal information of your potential employee including address and social security number. This is a great way to verify that your potential employee is legally able to work and that he is not committing identity fraud. You are protecting your company and yourself from any trouble down the road.
• Your potential employee's financial records including their FICO score (credit score), outstanding payments, debts, bankruptcies and loan payments. Although this information may seem futile, it can be incredibly important when it comes to determining the truth about your employee. Why? Let's say your employee has very poor credit, outstanding debt and has missed several payments on his mortgage. This could suggest that he is not very reliable or organized, and that he may be in financial trouble. It could also suggest that his work ethic may also be lacking and that he may not only be irresponsible on the financial front. However, the potential employee with a good to excellent credit score (generally anything over 700 is considered excellent) might suggest that he is in financial control and committed to paying off his debts. This is the level of commitment you want from your employees.
• Your potential employee's criminal activity. A criminal record check is also a great way to find out the truth about your employee. If your potential employee has been charged with employee theft or shoplifting in the past, then this might suggest he is not the best candidate for your business, especially if he will be working directly with money. A clean record can provide you with the peace of mind that your employee is definitely the right fit for your business.
• Your potential employee's employment history. Finally, a credit check can also provide you with a detailed account of his previous employment. Many people will lie on their resume about past employment to buff up their skills. With employment credit checks, you can be sure that you are hiring someone who has the experience he claims. Discovering that your employee lied about his previous work experience is something you want to know before putting him on the payroll.

Benefits to Employment Credit Checks

When it comes to employment credit check, Quick Background Checks can provide you with a service like no other. Unlike some of the other credit check companies out there, Quick Background Checks offers no aggravations, no sign up and no monthly fee for our services. You can simply check and go without the drama. You can know the truth about your potential employee now rather than later which can save you time, money and effort down the road. With our services, you will be offered the history you want without the hassle.

The reality about choosing an employee is this - there is no way to know 100% that your potential employee is the perfect fit for your business. However, with Quick Background Checks employment credit checks, you are one step closer to making the right decision, before it's too late.