Protecting Your Neck: 5 Reasons Why Retail Companies Should Background Check

The Devil’s in the Details

So you’ve put together a winning team and everything is just rosy at your retail space, but as you’re faced with increasing customer traffic it is now time to pursue a new hire. Sure, you could impulsively fill the role with whoever it is on paper your gut says is the right person, but are you absolutely sure they are who they say? In an era of misinformation, embellishment, and fake media headlines, retail companies need background checks.

Why Background Check New Hires?

1. Sticky Fingers

According to a recent article by Forbes.com, theft by both employees and non-employees totaled nearly $50 billion dollars in one 2018 study. As advancements in loss prevention technology continue to move forward, criminals will also create new and innovative ways to take merchandise off store shelves. With the risk for shrinkage already high on its own, the last thing any business should want is to give a new hire a five finger employee discount as a hiring bonus.

2. Sketchy Characters

The old saying “don’t judge a book by its cover” rings true here. Although a new hire can appear like a safe investment on the surface, you can never be too careful especially if their job description includes dealing directly with other employees and the general public.

3. Proof is in the Pudding

After deliberating and interviewing dozens of candidates you finally settle on John/Jane Doe due to their impressive educational background which includes a stint at Harvard that they fraudulently put on their resume. By utilizing a background check, an employer is capable of confirming or in this case not confirming a person’s academic credentials.

4. Saving Your Own Rear End In General

Perhaps the biggest reason retail companies need background checks is to prevent litigation nightmares down the line. Every employee is an extension of your business, and negligence can be costly from both a legal and financial standpoint. With the ease of access to information, it has never been easier for businesses to avoid bad hires thanks to the large number of channels to in the words of former President Ronald Reagan, “trust but verify”.

5. Fear Not the Costs

Prior to the explosion of technology in the late 1990’s/early 2000’s, checking backgrounds could be an arduous and costly process. However, that is no longer the case. There are nearly limitless options to verify information and many won’t break your bank. A small price to pay in order to protect your business and save yourself headaches down the line.

No Excuses

Retail companies need background checks now more than ever and it has never been easier or more affordable to do so. With that being said, the next time your company is looking for new talent to add to its roster, don’t expose yourself to risks when a simple background check could prevent a disaster.