CRA_DR_Blue_V2.0.jpg
Intelicrunch_Banner_Header.jpg

Employers Beware Potential Skeletons in Executives’ Closets


Executives may not be as thoroughly vetted in the hiring process as other employees, potentially leading to bad hires at the top of the company, lawsuits and scandal.

“A lot of companies rely too much on the background checks that have been performed” at previous employers because they assume that the job candidate couldn’t have reached the executive level without thorough screening, Andrew Challenger, vice president of consulting firm Challenger, Gray & Christmas, told Bloomberg BNA.

He cautioned that this is a bad practice because different employers have different screening criteria and a previous employer may also have relied on a past company’s employment screening.

The potential risk of hiring an executive who misrepresents himself or herself is much greater than for rank-and-file employees because executives have the most access to sensitive company information and the greatest ability to commit fraud, Challenger said.

Companies continue to not screen executives as closely as other employees, Mary O’Loughlin, vice president of global customer experience and product management at screening company HireRight, told Bloomberg BNA April 26. In 2017, 16 percent of 4,000 HR professionalssurveyed by HireRight either agreed or strongly agreed they had a less-rigorous process for screening executives than other hires. This is probably because these high-profile positions are often decided on “gut instinct,” O’Loughlin said. FULL ARTICLE

© 2020  InteliCrunch.com

InteliCrunch is a free service provided by a collective of people who monitor the background screening industry and how events affect not only the people in it, but even more importantly, the real human impact the industry has on today's society.*All third party logos and / or images used on this website are the sole property and / or registered trademarks of their respective companies or copyright holders. Use of these logos, images or likenesses does not, in any way, imply the endorsement of InteliCrunch by any of the businesses, brands or individuals represented, their parent companies, officers, employees, partners, or affiliates. Any such usage is for informational / news purposes only.  Any / all articles, announcements, releases or third-party-authored content is / are linked back to the original "source"  and author credit given  Furthermore, InteliCrunch is not responsible for, and does not warrant the safety of any third-party links or sites to which any viewer may be directed from InteliCrunch.  InteliCrunch has made reasonable efforts to ensure that any news or informational links on the site are from "known and reputable"  sources / websites.