Background Screening – Why and How-To

If human capital is an organization’s greatest asset, then it can also be its greatest liability. Just ask the stockholders of Enron, investors in Tyco, or members of the Catholic Church.None of these institutional calamities occurred because of a natural disaster, political uprising or a radical change in technology. Instead, they are striking examples of how the individuals trusted to bring them to new heights, proved to be their downfall. Consider your own organization; what policies and procedures are in place to ensure your recruit-to-hire program is in fact building human capital assets? If background checks aren’t part of your process, consider:o The reported percentage of applicants that include false information on a resume varies by its source, but is well into the double digits
o There are hundreds of online sources that openly sell false diplomas, degrees and other educational certifications; or provide “Professional References” for a fee.
o On average, about 11% of the working population has a criminal record
o According to the Workplace Violence Research Institute, negligent hiring costs U.S. businesses in excess of $18 billion annually.A solid recruitment program that includes a well-balanced background check will help minimize turnover and liability exposure. If your background checking consists of a few calls to the names and numbers your applicant provided, you’re organization is under-informed and at risk. And as odd as it may seem, if you’re running a full range of searches on every final candidate, you may be creating liability rather than reducing it. Here are a few broad-stroke considerations.Do You Need a Background Check Policy? Tragic events, financial losses, and the litigious nature of our business climate have made background checks part of our employment culture. At this point, it’s only prudent to have a written background screening policy in place, with specifics that are adhered to in the hiring process.Who Do You Check? The best case scenario includes a check on all new hires, temps and contractors. This doesn’t mean your company has to absorb the cost of the entire campaign, however. It’s perfectly acceptable for employers to require temp agencies and other vendors they employ, to provide personnel that have been screened. Internally, if groups of employees or levels of employment are excluded, the value proposition of your policy is diminished and may lose some of its integrity. This will be highlighted for you in court, by counsel for the candidate or employee who feels they were damaged by your selective policy. It’s best to include all employees, and run background checks that are appropriate for the position.Most background check providers will create different search packages to address your requirements. However, if your policy includes different degrees of screening, it’s critical to keep your checks consistent within job categories or levels. Keep this in mind if promoting from within. If a candidate for an open position is a current employee, the background check that was conducted for his or her current role may not be sufficient. Be sure an updated background check is performed and meets the parameters of the new position. Many organizations are also adopting a policy to update the criminal background check as part of their employee review process. There is no need to re-confirm education or prior employment; but an update on the criminal record check is a prudent and pro-active step in maintaining an effective background screening program.What Searches Should Be Included? This rests with your judgment – although there are some guidelines that might assist. The background check should be relevant to the position and thorough, without being unreasonable. There isn’t much difficulty in deciding that a criminal history search should be done across the board – how else would you know if someone poses a danger to fellow employees and clients? Running a credit check on a machinist however, is probably unnecessary and may be viewed as being intrusive – creating liability where you are trying to minimize it. Confirming prior employment is applicable to all applicants, but an education verification probably isn’t necessary for someone hired to pick fruit. Find the balance for each position, and work with your background screening firm to develop the necessary search packages.The searches conducted as part of the background check will rely in part on information provided by the applicant or employee, but this should not be the sole source. Every check should include an Address History/Social Security Number Trace to confirm the applicant’s residence history, and the Criminal History search should then be based on those results. If the Address History report matches what the candidate provided, that’s great – if not, ask why. The Criminal History search should include, at a minimum, County Court searches (some states also refer to this as District Court) because it involves a researcher obtaining records directly from the source of the record – the court. Many screening firms offer “Statewide” or “Nationwide” criminal record searches, and while there is value in these searches, a few items should be pointed out. These are database searches, not court searches. The statewide databases frequently rely on Department of Corrections data (frequently no record if they weren’t incarcerated) or County convictions data, although not all counties participate. Even state-run CORI systems often are heavily filtered, sometimes to the point where a record for a convicted felon that served time won’t be identified. The value of these searches comes in their coverage of a large geographic area; and they are best used to augment County Court searches. The so-called “Nationwide” searches are truly misleading – they don’t include all states, so therefore can’t truthfully be called nationwide and they are subject to the same database shortcomings as the statewide criminal searches.Driver’s license records are important for positions such as sales, delivery, and any other position that will have an employee driving on company time. Professional licenses should be checked in any profession requiring licensure, and education verifications should be executed for positions requiring a diploma or degree. Regarding references, and please use yourself as the example; have you ever provided a future employer with the name of a reference that wouldn’t give a glowing summation? Dates of employment, title, salary, etc., can all be obtained from HR – to get a real feel for performance, you need to speak with a former supervisor or co-worker.As an HR professional, part of your role is to identify the skills and value that an individual brings to your organization. Of equal importance is your responsibility to create and maintain a safe, secure, and productive work environment. And while no single policy or procedure addresses these tasks completely, a comprehensive background screening program is one component that will help keep your human capital in the asset category.

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Top 3 Business Ideas to Start Business Online – In 24 Hours or Less

Many people are taking the mind shift and beginning to start business online. Instead of starting a brick and mortar business offline, the internet has suddenly become a more popular place to start a business.Presently more people have became aware to the true benefits of utilizing the internet in order to sustain financial freedom. The internet has also won the trust of many consumers.The only confusing part that most people run into when wanting to start their own online business is What to do, How to do it and Where to get started. Hopefully, I can help save you from the hassle and frustration. The 3 business ideas are the quickest ways for ANYONE to start business online with next to no investment and can get started in less than 24 hours. Let’s get started!Top 3 Business Ideas to Start Business Online- In 24 Hours or LessBusiness Idea #1. Resell Rights
Resell Rights are products and services that are already created, in which you pay for the right to market them. The benefit is that you do not have to create anything since you get ALREADY MADE websites with PROVEN sales letters that convert.
The best part of all is… you get to keep 100% of the Commissions.
One of the drawbacks is that you can’t say that you are the creator of these products. You must give credit to where credit is due and the creator of the product maintains full rights.All you are able to do is keep all the profits for each sale. A fair trade wouldn’t you say?Business Idea #2. Affiliate ProgramsOne of the easiest way to get started online is with Affiliate Programs. They are businesses already up and running in which the business owner set up a way for affiliates(people who market their products) to sign up for and promote their product or services, and make a commission for each sale (which is usually as low as 10% and on the high-end 75%).A great benefit with Affiliate marketing is that you do not have to worry about coming out your pockets. Plus you don’t have to worry about managing refunds or any customer service.Your only focus is generating the traffic to your affiliate link and collecting your commission, which can be generated in numerous of ways.
Posting Ads
Article Marketing
Video Marketing
BloggingHere is one of the top Affiliate Directories to give you a start:
Click Bank – has thousands of items which you are able to make a commission off of.Business Idea #3. Start a Blog
Many people do not realize how much money that could be made by starting a Blog this is also an easy way to start business online. Instead of building a blog from scratch get your blog from here, it will be already set up and ranked, all you have to do is begin blogging.
In fact you are able to build any business that you choose by following 3 simple steps. The concept is rather simple:1. Blog Daily
2. Tell Others (Marketing strategies)
3. Get Money Sounds simple?It’s because, It truly is.Thousands of people are making money everyday by following that exact concept.Well there you have it, 3 Quick Ways To Start Online Business In Less Than 24 Hours.
I put this together for you in order to save you time and target your search much better, where as if you were to begin to search on your own you will get a million and one affiliate programs as a results, leaving you frustrated.Okay. the hard work is done for you.It’s time to take ACTION. Now, the only thing is left for you is to decide to start business online, then Plan, Follow it Through and See Profits.

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Life Insurance: Protect What You’ve Got

While insurance isn’t an investment, it’s an important part of sound, savvy personal financial management. Insurance is protection. It protects everything you’ve worked so hard to earn. It protects your spouse in the event of premature death. It sends the kids to college. It holds together a family at a time when money shouldn’t be a concern.You need insurance but shopping for the right coverage to protect your family and your assets is like learning a new language. Term life, whole life, universal life, actual cash value, dividends, loans against policy – it’s a maze of insurance products out there and finding the right coverage for your needs may take a little research.Here’s a starter course on getting the most for the least in life insurance and still have the protection you and your family need.Types of Life InsuranceThere are two basic types of life insurance with numerous variations on a theme.Term life insurance is the simplest to understand. It’s also the most economical protection you can buy.Term life insurance is paid when the insured (you) pass on within a defined term – a defined length of time your life insurance coverage is in effect. Term life comes with a variety of time frames: five-, ten- even thirty-year terms are available.The younger you are, the lower the cost of the monthly premium – the dollar amount you pay for protection each month. Premiums are calculated based on two factors – your age (and general health) and the dollar amount of protection you need. It’s simple. A $100,000 term life insurance policy won’t cost as much as a $500,000 policy because you’re buying less protection.With term life, you keep things simple. The insurance company pays X amount of dollars to the beneficiaries when the insured individual passes on, as long as the policy is in effect, that is, the death occurs during the term of the policy, thus the name term life insurance.Term life policies don’t accumulate value, you can’t borrow against them and, if you choose a short term and your health changes, you could end up paying more for your term life insurance than you would if you buy a long-term policy – one that covers you for the long term.To determine how much term life you need, add up funeral costs, outstanding personal debt, mortgage debt, the prospect of paying tuition and other large expenses that would drain family resources. Figure what it would cost your family for a single year.Then multiply by a factor between 5 and 10. Use the lower factor if you don’t have a lot of debt and the higher factor if you’re carrying a couple of mortgages and you have three kids to put through school. That’s how much term life you need to protect your family and all their expectations.The other class of insurance is whole life insurance, also called permanent insurance, universal insurance, variable universal insurance and other product names, but all fall into the general class of coverage called whole life insurance.The first difference between term and whole life is that whole life covers you from the day you buy the policy until you die. Of course, this assumes that you pay your whole life insurance premium each month. There is no term (length of time coverage is in effect) to whole life. Buy it when you’re young and your premiums will be low and you’ll start building cash value.That’s the other main difference between term and whole life insurance coverage. Whole life pays dividends. Not a lot, but dividends that can be used to lower monthly premiums, or they can be allowed to accumulate earning interest.Once the whole life policy has accumulated enough cash value you can borrow against that cash value to buy a house or cover some tuition bills. The downside to taking loans against the value of a whole life policy is that it lowers the payout to family in the event of the insured individual’s death.However, a whole life policy does increase in value while providing protection for your family. The cost of coverage is also higher. Expect to pay more for $500K of whole life versus $500K of term life insurance, simply because the insurer is paying interest on your monthly premiums.Calculate your coverage needs using the criteria listed above. Don’t think of whole life as a money-maker. It’s not intended to increase your wealth. That’s a side benefit. An important side benefit, but the primary reason for purchasing whole life is to protect your family in the event of your pre-mature death.Life Insurance SourcesThere are hundreds of insurance companies and even more life insurance products so talking to a knowledgeable professional is a good first step.An insurance broker can advise you but, keep in mind, each insurance broker carries a “line” of products from a limited number of insurance providers so each broker will tell you her products are the best value.If you do the math yourself, you know going in, how much coverage you want to buy, at which point, it’s just a matter of finding a reputable insurance company offering competitive rates and the benefits you’re looking for.Another resource is your local bank – often the best place to start researching your life insurance needs. Banks sell a broad range of life insurance products and, because insurance isn’t the primary business of a bank, you’re more likely to get straightforward answers to your questions.Another reason to visit your bank’s insurance rep is that your bank knows the financial you – how much you have in accounts, how much comes in and goes out on a month to month basis, your tax status and other personal finance information needed to get the right kind of life insurance at the right price.Talk to your employer. Life insurance may be a benefit along with health care and two weeks vacation, but you may also be able to increase the dollar amount of coverage with money deducted from your paycheck painlessly.Unions, associations, your local Chamber of Commerce and other organizations are also sources for low-cost term or whole life coverage. Purchasing life insurance coverage through an industry association, for example, gets you group rates that translate into more coverage at a lower monthly premium. On the other hand, when you purchase term or whole life through your union you usually don’t have a choice of insurers and that’s an important point to consider.Go with an insurance company that’s ranked highly by Standard and Poor or some other rating organization. Your broker or banker will steer you toward quality of coverage so you get more for your money.Life insurance sounds complicated but, when you break it down into simple terms, it’s something you can do with a trusted advisor to point you down the right path.Get life insurance. Get term life if you want lower premiums; get whole life if you want your insurance to build cash value against which you can take loans.It’s your choice. Making the right one saves money and delivers the peace of mind that only quality life insurance protection delivers.

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