With the holidays behind us, many companies are starting to tally up their final numbers for the year. Among those numbers are the dollar amounts lost to shrink. According to the statistics released by the Global Shrink Barometer for 2011, total shrink in the United States comes in at a whopping $41.691 BILLION dollars. Thats right, Billion! That’s a lot of money to be lost. They then go on to state that 44.2% comes from employee theft.
How much of those dollars are coming out of your store at the hands of your own employees?
With sobering statistics like this, it’s hard not to want to pull every associate into the office, shine a bright light in their face and make them confess every secret they ever held! That, of course, would be a HR nightmare. How about as an alternative – running Employee background checks?
Pre employment screening, done by reputable background check experts, will eliminate the obvious bad applicants. At the very least, the Background Check Company should run a criminal background check during the course of their pre employment screening.
Background Checks point out the obvious indicators such as previous convictions or bad credit. Background check experts will sort through the information compiled on an applicant. Their knowledge will help give you a better chance at hiring the person with the lowest risk of becoming a dishonest employee. This allows you to focus on their other skills and merits that qualify them for your open positions.
Hiring a Background Check Company seems much more reasonable than being faced with $41.691 Billion dollars in losses due to employee theft.
For more information on background check experts, background checks, criminal background checks, employee background checks or pre employment screening contact us at the background check company or call 1.866.914.2567