The facts do not lie — background checks save business owners time, money and stress.
The statistics show that workplace liabilities such as theft, fraud, violence and harassment cost business owners billions of dollars each year, with those numbers continuing to rise.
Almost a third of all business failures are caused by employee theft and on-the-job violence alone costs employers $36 billion each year. Even before you hire an employee, there can be issues. One third of all application forms contain lies about crucial information. It costs between $7000 and $40,000 to replace an employee and, in the U.S., over half of all new hires don’t work out.
So, what should smart employers do?
As a business owner or human resources professional, you must make vital decisions about potential or current employees in a limited amount of time. You may also have to comply with a growing number of state and federal regulations regarding safety and privacy — and you also have a business to run!
Grand Slam Investigations can help your business understand:
- The Value of Background Checks
- The Industries We Serve
- Background Search Packages
- Descriptions of Types of Searches
- Regulations and Compliance
The Value of Background Checks
For a business, the question of who do you trust takes on whole new meaning, and often has to be made far more quickly. Trusting an employee means giving them access to the lifeblood of a company, including the goods it sells, the production equipment it uses, the cash that flows through it, the proprietary ideas and the reputation on which it rises or falls.
The answer to this is to take every precaution to ensure that all new hires are exactly who they represent themselves as. And your first line of defense is a comprehensive, professional background check.
Learn more about the value of background checks here.
The Industries We Serve
We proudly offer background checks and search packages for the following industries:
- Comprehensive (all databases)
- Construction / Manufacturing
- Domestic Services
- Educational Institutions
- Financial Services
- Healthcare Industry
- Hotels and Hospitality
- International (250 countries)
- Pre-Employment Screening
- Retail Sales
- Transportation Industry
Background Search Packages
Grand Slam Investigations offers computerized search packages customized by industry and further refined to meet your needs. They are fast, accurate, discreet and cost effective, with access to billions of records through hundreds of thousands of databases in 50 states and 200 countries. They can even be performed by you or your representative on our state-of-the-art web search interface, saving you time when you need the facts fast.
Knowing the truth before an employee becomes a problem can save you from:
- Lost productivity
- Damaged reputation
- Material theft
- Criminal operations
- Liability costs
- Training losses
Descriptions of Types of Searches
At Grand Slam Investigations, we customize our background checks and related searches to meet the specific needs of different businesses and industry segments — giving employers a head-start on designing a package that meets their business’ particular needs.
We begin with a package that targets your industry and then add and subtract search elements at your request. Often, clients can use an existing package without any alteration!
Regulations and Compliance
Compliance in the background screening industry works in two directions. First, in some cases governmental and regulatory bodies require employers to perform background screenings on prospective employee that meet certain standards of thoroughness and detail. This includes agencies like the Securities and Exchange Commission (SEC), the Department of Transportation (DOT), the Federal Aviation Administration (FAA), and the Nuclear Regulatory Commission (NRC), among others.
Second, certain restrictions and standards exist that our investigation team must follow when performing screenings in order to protect the rights and privacy of the individuals being screened. For instance, the Federal Fair Credit Reporting Act (FCRA) seeks to ensure privacy, fairness, and accuracy of information in the files of each and every consumer reporting agency. There are also agencies, laws, and regulations which seek to prevent discrimination against certain individuals, such as workers with disabilities, who have protection under the Americans With Disabilities Act (ADA).