Tag: credit checks

New survey says more employers doing fewer credit checks

A recent Society for Human Resource Management survey found that more than half of respondents to a recent Society for Human Resource Management survey said they don’t use credit checks in the hiring process. That’s an increase from 2010, when 40 percent of organizations reported not using credit background checks....

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Clearing up myths about background checks

With the use of background checks increasingly in the news, employees and job seekers across all industries are becoming more wary of what details about their personal and professional histories are being researched, reviewed and used against them during the hiring process. The vast majority of employers use fair, unbiased...

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Is the Use of a Credit Check Always Legal?

More and more employers are choosing to use credit checks on employees as part of their pre-employment screening process. The thought is that looking at a person’s credit report is a pretty good indicator of whether that person is fiscally responsible and, therefore, possesses at least some of the traits...

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What Does a Bad Credit Report Mean?

Employers are increasingly conducting credit checks on potential new hires, but not all of them understand how to interpret the data.  After all, a credit check report doesn’t equate to simply receiving a credit score; in fact, it’s much more comprehensive… and that can make evaluating it complicated. So what does it mean...

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