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With the recent corporate scandals of Enron and WorldCom, the popularity and necessity of executive background checks has greatly increased. In order to protect themselves from potential disasters later on, many companies are now requiring extensive investigation on prospective executives to verify their employment and educational history as well as information regarding any past wrongdoings. As with any other type of pre-employment background investigations, employers need to have the appropriate disclosures available. According to Federal law and the Fair Credit Reporting Act, applicants must sign and date specific disclosures regarding the various types of background checks employers desire. It is important to respect the privacy of potential employees while maintaining the company's
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Several popular websites are available for background checks online. A few of the most popular are E-Background Check, U.S. Search, Net Detective Plus and Best People Search. These websites offer a variety of levels of investigation, depending upon the employer's needs. Some of the information gathered is instant, however for more detailed reports, employers should expect a wait from anywhere between 1 and 7 days. Most of the major background search firms online understand the importance of adhering to the strict laws outlined in the Fair Credit Reporting Act. The Act prohibits certain information (i.e. bankruptcies over 10 years old, criminal charges without convictions, etc.) from being considered in the pre-employment process.
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As an employer, it is understandable that you want to know as much as possible about a prospective employee. A combination of employment application, personal references and background investigations can give you a sense of peace when entrusting an individual with responsibilities within your company. It is also important that employers not rely solely upon the employment application alone. It is estimated that up to 30% of all applications contain some type of falsifications or fabrications. Many methods exist to inquire about the background of a candidate. One of the most utilized types of background checks is the criminal background investigation.
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