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April 20, 2024  
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Up Front Screening Ups Profits

(ARA) - Business owners see better employee retention -- and better bottom lines -- when they screen applicants more thoroughly. That’s made easier with the use of sophisticated pre-employment screening tools that help identify inaccuracies on applications.
It’s estimated that more than 40 percent of applicants falsify some information on their resumes or applications and about five percent of the work force has a criminal background. Not knowing exactly who you’re hiring can be expensive. Some sources estimate the cost of employee turnover at three months’ salary for each position.

According to Traci Couts, director of sales and marketing of OPENonline, a national provider of employment screening data, making pre-employment checks of applicants’ education, driving records, previous employment and criminal histories can both help increase the employers’ return on investment from individual workers, and reduce liability.

“Screening can provide the information employers need to identify qualified candidates, making it possible to decrease turnover and create a more stable workforce, with lower training costs and improved productivity,” says Lippert.

It’s worth taking a closer look at screening applicants. Due diligence up front can yield measurable bottom line results.

Courtesy of ARA Content

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