If you aim for the best results when hiring, employee vetting should take part in your hiring procedure.
What is Employee Vetting?
Employee vetting is a process conducted by employers to check the background of potential candidates and verify that the information they provide is accurate.
The main objective of employee vetting is to find the right person for the job.
Doing background checks on job candidates is something that most organizations do. Employee vetting helps ensure that the future employee is a good fit and that the information he provided in his resume and interviews checks out.
When doing a new hire, it’s common to contact references and validate former employers. A thorough employee vetting procedure can involve checking applicants’ degrees, professional experiences, and credit references or criminal records. There are companies that offer employee vetting services, but we advise you integrate background check’s in your own hiring procedure.
Why is employee vetting important?
There are two main reasons why establishing an employee vetting process in your hiring procedure is essential:
- it will save you financial resources long term
- it gives you more details about the employee – which can result in hiring a more suited individual
Without an organized and thorough hiring process, you might hire people that won’t fit into your company.
Most businesses have their own set of rules for performing background checks. Still, the fundamental purpose is to have the most precise picture of a candidate before signing and submitting the contract.
The costs of hiring the wrong employee
Let’s talk about costs. According to zippia the cost of hiring a new employee in the U.S. is expected to be around 4,200$. What if that employee won’t fit in the organization? The actual cost of hiring the wrong person will drain your company’s resources.
The cost of a bad hire can be pretty high – depending on the position. According to a survey by CareerBuilder in 2016, the cost of hiring the wrong person is 17,000$. That’s a hefty amount of money that could have been used elsewhere in your business.
Here are some of the costs of a bad hire:
- Fees for recruitment advertising;
- Time spent by employees on recruiting processes;
- Education and instruction;
- Legal fees might be incurred throughout the termination process.
- Costs of rehiring;
- Salary payments (even if your new employee is not a good fit, you must compensate them for their time);
Bad hires can harm your work environment.
Employers may use the employee vetting procedure to find possible candidates and move on with just those whom they believe are qualified for the job. This is advantageous since it allows the employer to reject individuals who are not a good match for their job or company culture.
As an employer, you are responsible for the safety of all employees and customers. This includes your employees, business partners, and customers.
Fostering a culture of equity and inclusion is a long-term commitment, and employers must work towards implementing this across all avenues of their business. Enrolling the wrong people can demotivate other employees, resulting in a loss of employee loyalty.
From sex offenders to dangerous criminals, you just cannot hire them. But what if you don’t complete a background check and hire a violent criminal or a sexual predator? There is a potential that you will conduct harmful applicant interviews. It will jeopardize workplace safety. Every company understands that workplace safety is one of the most important considerations, and if it is endangered, you may be held liable.
A suitable employee vetting procedure can help you identify problems before they happen and protect your business from discriminatory or threatening behavior.
How to tell if you hired the wrong person?
There are various indicators that you hired the incorrect individual for a position. Remember that one of these indicators does not always imply that you made a poor hiring decision. Instead, you must assess each situation objectively, considering the individual information and circumstances surrounding the person you are reviewing.
Here are some signs of a lousy hire:
- The individual does not possess the expertise stated in their interview.
- You consistently receive unfavorable client feedback or complaints about the employee.
- The employee has a negative attitude, is often unpleasant or critical, and does not embrace the business culture.
- They routinely underperform and fail to meet key performance measures.
- The individual is not delivering the agreed-upon quality of work.
- The employee repeats the same errors again and over.
- They are frequently late or missing.
- The employee’s performance reports are often low.
If your new employee consistently exhibits signs of a bad employee after the learning period has ended, it might result from a flawed hiring process. In this situation, we advise you to check every step of your hiring procedure and find out where the problem is and how to improve.
A probation period is a set amount of time at the beginning of an employee’s employment during which they are free from certain contractual rights and duties. It is essentially a trial period for both parties to assess whether a new employee would be a good fit before they are hired on as a permanent member of staff.
Every new employee should have a probationary period of at least 60-90 days. This period will allow you to examine if the new individuals you hired are a good match for your company. Also, a probation period is a fair amount of time to give a recruit a chance to succeed without allowing them to damage your business negatively.
Conclusion
Companies must check the statements made by job seekers. Whether it is the educational credentials or any other career background, the employer requires a dependable method to ensure successful screening. You cannot be confident in your recruiting selections without background checks.
For best results when employing, you should integrate employee vetting in your hiring process. A good background check will disqualify individuals who might be unfit for your business and save you resources – time, and money.
Hiring good people is not a simple task. Throughout your career as a recruiter or business owner, you may fail to hire suitable people a few times. This is excellent because your experience and intuition will evolve with time, allowing you to make better selections.
