TraceBack Screening provides a simple and thorough process for employers
to conduct background checks. It is important that background checks be performed
consistently and that the information is gathered accurately. Providing truthful
information through our continually expanding product line, employers are able to
retrieve the information necessary to make vital hiring decisions.
Why Should Background Checks Be Conducted?
"It's the law!" - Federal and state laws
require that background checks be carried
out for certain jobs. Effective July 1, 2003, individuals who are being hired into
positions involving significant contact with minors or elders, deemed security sensitive,
dealing with patients of any sort or having access to select agents as defined by
the US Patriot Act will be required to have a criminal background check conducted
prior to beginning employment.
"You can't ignore the stats!"
- A study by The Society for Human Resource Managers
showed 53% of job applications contained false information.
Employers using computerized background systems found that:
- 18% of applicants had a criminal record;
- 29% falsified or exaggerated education claims;
- 19% showed errors in dates of employment;
- 7% never worked for that employer;
- 14% of employers checked reported that they would not re-hire that individual.
"Count the costs!" - Negligent hiring lawsuits, wrongful termination lawsuits, workplace
violence, theft, sexual harassment lawsuits, unqualified applicants leading to time,
money, and energy wasted on recruiting, hiring and training, and financial loss.
The American Management Association and the US Chamber of Commerce said that 30%
of all small business failure is caused by employee theft.
The Association of Certified Fraud Examiners reports that the average organization
loses more than $9 per day, per employee and 6% of its annual revenue due to fraud
Recruiting Times reports that it costs $7,000 to replace a salaried employee,
to replace a mid-level employee, and $40,000 to replace a senior executive.
What is the Fair Credit Reporting Act (FCRA)?
Background screenings on potential new hires are performed to reduce financial loss,
legal liabilities, and turnover rates, as well as to increase workplace safety and
productivity. Background screens are usually performed by outside agencies, such
as TraceBack Screening. These outside
agencies are known as Consumer Reporting Agencies
(CRA). A federal law, known as the Fair Credit
Reporting Act (FCRA), was established to protect
both the consumer and the consumer reporting agency
in the matter of the information reported in the
background screen. The hiring company and the CRA
must both comply to certain requirements set forth
in the FCRA. Non-compliance in these requirements
may result in legal action taken against parties
involved. TraceBack Screening provides all the necessary required
forms to simplify your background screening processes.
Before you engage the services of TraceBack
Screening, please review
the content of the Federal Fair Credit Reporting Act (FCRA), and the laws for your
state and locality as they may differ from federal law. The laws and ordinances
of your state may affect your ability to utilize our services.
THE FAIR CREDIT REPORTING ACT