The average cost of hiring a new employee is almost $4,700.
That’s according to the Society for Human Resource Management (SHRM), which highlights that everything from placing job listings to the time – and software – you use when considering your applicants all adds up. Worse yet, that $4,700 figure doesn’t cover all of the “unseen” costs that go into welcoming a new employee into the fold. Every hour a department head spends with your HR team or interview you hold with a candidate takes time away from other tasks, all of which adds up.
The reality is that you may end up spending between three and four times the salary for a role just to find somebody.
Now, imagine that you’ve invested all of that money, only to later discover that your new hire has a criminal record or that they’ve falsified their employment background. Now, you’re back to square one – trying to find a new candidate for the role.
That’s where employment background checks come into play. Good background checks highlight criminal records, expose job applicants who’ve faked their details, and ensure the past job titles you see on a resume are accurate to the candidate.
With TruDiligence, you can conduct background checks that are accurate and compliant with all industry regulations, ensuring your candidate pool is filled only with people who are fit for the role.
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