| All over the globe, companies are victims of | | | | should always try to contact the applicant's former |
| fraudulent activities everyday in the workplace. | | | | employers for history information. Depending on the |
| Workplace background checks are necessary for | | | | position, a poor credit history could be a red flag |
| companies who want to safeguard corporate assets. | | | | indicator, especially for an applicant who will hold an |
| The scope of workplace fraud is broad. It includes | | | | administrative position once hired by the company. |
| petty thieving, such as employees who would | | | | Most importantly, an applicant with criminal history |
| "borrow" paper supplies with no intention of returning | | | | should raise issues for obvious reasons. These are |
| or reimbursing them; to heavier crimes such as | | | | basic defenses a company can take during the initial |
| massive amounts of cash magically disappearing from | | | | stages of employment. |
| the company books. It is no wonder that employee | | | | 2. Companies with strong internal control reduce |
| background check and employer background check is | | | | opportunities for fraudulent activities. Internal controls |
| becoming more and more critical for any business | | | | such as having dual signatories for cash and |
| institution. | | | | high-valued inventoriable item; segregation of |
| Although companies cannot detect most of | | | | incompatible duties; having effective password |
| infractions, there are ways to prevent these | | | | access controls and placing cameras in strategic |
| fraudulent activities in the office. Here are some: | | | | company premises would go a long way. |
| 1. Companies with a good screening process usually | | | | These preventive measures deter both internal and |
| get efficient, trustworthy workers. Background | | | | external criminal acts. Unauthorized individuals will have |
| checks are quite a common practice in every | | | | a hard time opening vaults or withdrawing money |
| organization. Before finally letting anyone join the | | | | without the proper access, electronic or otherwise. |
| company, HR may conduct the following: | | | | 3. Companies with high regard for good governance |
| family background check | | | | are more likely to experience fewer misdemeanors |
| employment checks | | | | from their employees. When employees are treated |
| credit history | | | | with respect and proper accord, they synergize with |
| criminal background check | | | | the company well and help the company grow. |
| Although family background does not say much | | | | Companies that deliver promises to employees, |
| about the individual itself, it gives the company a | | | | customers, and suppliers usually get high regard from |
| general idea on the applicant's upbringing and beliefs. | | | | the organization and the community, thereby |
| Employment history reveals more: someone who | | | | lessening foul intentions against the company. |
| often transfers from job to job could indicate an | | | | These are just a few preventive ways to help |
| underlying problem. That's why potential employers | | | | companies avoid fraudulent acts in their organization. |