Downsized Economy Means More Talent, Less Verifications With Background Screening

Businesses looking for a silver lining inside the rain cloud of today's downsized economy can agree on one thing – with over 14 million people currently unemployed in the U.S., there is plenty of qualified talent available for just about every job position in any industry. To help choose this talent, employers usually perform background screening which should include employment and salary verifications to validate whether the qualifications listed on a prospective employer’s resume are real.

However, the increase in the number of unemployed jobseekers means less employers are working in those downsized organizations, and many of these organizations are no longer sufficiently staffed to provide verifications in a timely manner – if at all – for former employees during background screening. Since they don’t add money to the bottom line and waste “company time,” verifications during background screening are considered an unimportant nuisance by some.

The larger impact of a downsized company’s inability – or unwillingness – to verify potential employees is that the employers performing the background screening risk passing on a stronger, but unverified candidate and hiring an inferior candidate with a complete background screening. This talent "mismanagement" is why businesses now hiring must find new ways to verify prospective employees during background screening, or suffer lost talent.

For these reasons, more companies are now outsourcing the verification process to a third party provider. Outsourcing verifications can benefit both past and future employers. Not only can outsourcing verifications performed for background screening save time and money for past employers, but it also protects them from possible liability from a “bad” verification. For future employers, they know that the quality of the verification information received during background screening will not be affected by a lack of staff due to downsizing.

While many companies find it hard to imagine how to turn employment and salary verifications into profit centers, Past-Employ.com – a service from leading background screening provider Pre-Employ.com – offers FREE employment and salary verifications at no cost to help companies save time and money by giving them 20 percent in revenues from incoming employment verification calls. Past-Employ.com’s service can:

• Reduce the company’s potential liability.
• Give valuable time back to company staff.
• Impact the company's bottom line positively.
• Turn HR/Payroll departments into profit centers.
• Give companies 20% in revenues on verification calls.

For more information about FREE employment verifications, please visit www.past-employ.com, email info@past-employ.com, or call 1-888-330-7278. To find out more about other background screening services, please visit www.pre-employ.com, email info@pre-employ.com, or call 1-800-300-1821.

tahearn@past-employ.com

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