Intelligent information is essential to the success of a business. Day to day decisions are based on vital information, and unless that information is accurate, the decision made could be detrimental to a company, especially a small business. One of the highest risk decisions that a business can make involves hiring new employees. In some cases, prospective employees falsify information to obtain a job. In fact, 45 percent of all resumes contain false information, and 12 percent have “padded” education credentials, not to mention that nearly 8 percent of all candidates have prior criminal records.
Recently, this epidemic has gained visibility, as a number of key executives from large companies recently resigned due to falsified resumes. Veritas Software’s CFO, RadioShack’s CEO, and a Texas state official have all admitted to falsifying information, ultimately resulting in resignations from their positions. Additionally, an independent research firm reports that U.S. companies post losses of approximately $20 million as a result of employee fraud. The question then remains, what can a business do to ensure the candidates they hire are who they say they are?
Intelius, founded by Naveen Jain, set out to answer this question by providing a pre-employment screeningsolution that was fast, reliable, customizable, and, most importantly, accurate. Intelius provides a la carte services including on-premise county courthouse criminal checks, nationwide instant background checks, education verification, employment verification, fingerprinting, SSN verification, drug testing and more. Intelius’ services, in addition to being comprehensive, are customizable, enabling any organization in any industry to build a custom package of services, saving time and money by only screening on criteria that is important to their particular set of positions.
Businesses that need to hire someone quickly can now leverage Intelius’ status as the largest provider of consumer records online to ensure the applicants they hire are qualified and appropriate for the positions in question. Businesses that work with children can easily and affordably run multiple criminal checks plus cross reference applicants against the Sex Offender registry, quickly and easily gaining the information they need to provide a safe and trustworthy environment for their patrons, guests and charges. Trucking, delivery or other businesses reliant upon drivers can use the service to research DMV records and run DOT verifications, making more informed and confident decisions about who they place behind the wheel. And staffing companies can rely on Intelius to provide the fastest turnaround times and lowest package rates without sacrificing quality or service.
Small businesses, in particular, can take a big hit when hiring poorly-researched candidates. A new employee must often be trained for at least 90 days, requiring an extensive investment of manpower, time, and funds. If an employee doesn’t work out as a result of inaccurate information or a negligent hiring lawsuit a small business bears a large cost. Particularly when you consider most negligent hiring suits cost employers of any size an average of $1 million, each.
Small companies also experience hiring difficulties when they go through a time of rapid growth. The demand for certain products in the market place increases the need for man power, resulting in the need to hire reliable employees quickly. Small businesses may not always believe they have the resources or the revenue to fully investigate prospective hires like larger companies may. But with the development of Intelius’ employment screening services, this is no longer a major hurdle for the small to mid-sized business. With volume discounts and customized packages, Intelius enables businesses of any size to properly conduct research before investing in their most valuable asset: their employees.
About Intelius
Businesses remain successful because of their employees, and for that reason it is critical to hire the right people. The founder of Intelius knows this from experience. Naveen Jain, a former Microsoft executive, founded Intelius with a handful of senior executives in 2003. The group possesses great technical expertise and experience in the information-gathering arena, drawing from experience gained at Microsoft and Naveen Jain’s former company, InfoSpace,. Since its inception, Intelius has gained more than 4 million unique customers and has received accolades from a variety of business and technology organizations, from the Washington Software Alliance to the Puget Sound Business Journal. In 2006, the American Business Awards gave Intelius a Stevie Award for Best New Company.
Aside from information to aid in hiring, Intelius also provides businesses data services including list append, cleanse and management, enabling themto more effectively reach their markets. Additionally, Intelius allows consumers to protect their identities with IDWatch, reconnect with friends through people search and research the people, businesses and assets in their lives using Intelius’ background checks, criminal records searches and phone verification tool.
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