Are Executives Getting a Free Pass on Employment Background Checks?
May 25, 2015
For the sixth consecutive year, EmployeeScreenIQ surveyed U.S.-based employers regarding their use of employee background checks. As with our previous surveys, the 2015 survey was designed to provide a reliable snapshot of:
- How employers currently utilize background checks.
- How they respond to adverse findings on background checks.
- Their paramount screening-related concerns.
- And their practices concerning Fair Credit Reporting Act (FCRA) responsibilities, Equal Employment Opportunity Commission (EEOC) guidance, and evolving ban the box legislation.
Today, I’d like to share our findings as to how employers conduct background checks on senior level executives.
There’s a popular belief that executives aren’t held to the same hiring and screening standards as other employees. In fact, Forbes recently published a UK study that found that college graduates in that country were more thoroughly screened than CEO’s.
Our findings clearly refute this belief: 97% of participants said their organizations conduct the same or even more stringent background checks when hiring executives. Considering the responsibilities and power that executives are given in most organizations, holding them to equally strict—or even stricter—screening standards is very likely a sound business practice. See complete results below.
Indeed, it is important for employers to thoroughly vet senior management, executive candidates, potential joint venture partners or those in other sensitive positions in order to make informed decisions by utilizing tools such as our Trusted Position Intelligence Reports.