FCRA background checks make a big difference when you are hiring as well as when you want to remain in compliance. Learning how to schedule these checks will make it easier for you to stay compliant. There are certain steps that should be followed, and you want to make sure that you are working with the best Consumer reporting agency (CRA).
Determine the Info You Need
Although FCRA stands for Fair Credit Reporting Act, it actually regulates all types of employee background checks. You can get a credit checks on your employees, employment history, previous places they have lived, and much more.
When you know what you want to obtain, it’s easier to run the background checks that you need. Some companies offer more comprehensive checks than others, so it will help you determine who can do what you need for your business.
Learn the Costs
While you need to schedule the FCRA compliant background checks, you also want to find out what it’s going to cost. This will allow you to budget effectively. It should be part of the hiring expenses you incur as a business. Without knowing the costs, you could end up dealing with a higher than budgeted recruiting and hiring cost, which will ultimately impact the bottom line, too.
Research what the various companies charge for the FCRA background checks. This will make it easier to compare who charges what. You can then make a decision as to who you’re going to work with.
Ask About Turnaround Time
The turnaround time is of the utmost importance. Consider this: if you have to wait a long time for a check to be completed, you won’t be able to hire an employee or learn about your employees in a timely manner. This could lead to a number of problems.
What this means is that there are several things you have to do. First, find out from a company how long it takes them to provide you with a background check. Second, schedule the time it takes to get checked into the total hiring process. If you aim to keep the hiring process under two days in length, then you need to consider running the check early on. Otherwise, you will find that you are waiting on the background check and a great employee could slip through your fingertips.
Scheduling your FCRA background checks is an integral part of your hiring process. Even if it takes longer than you desire, you can’t truly make decisions without knowing pertinent details about your potential employees. The information will help you to know the risks you may incur upon hiring specific candidates.
As you create the full hiring process for new employees, you have to consider everything that needs to be done. A timeline should include the time it takes to review applicants, conduct FCRA background checks, interview individuals, and onboard them. It will ensure you have better employees on your payroll and thus better operations in all that you do.
How to Schedule FCRA Background Checks