First let’s discuss: What is Reference Check
Reference check refers to the recruitment process method used by hiring managers/recruiters or companies by contacting the candidate or his previous employers, universities or schools, etc. Companies OR hiring managers even can contact with candidate’s family and friends as well.
Purpose of Reference Check
The purpose of a reference check is to look at the private and public records of an individual or company. The idea is to make sure they do not hide important information from the officials.
These records are used by businesses and individuals for a variety of purposes. For example, background checks are made to look at a person’s employment history, educational history, criminal records, and other events. For this purpose, usually private investigators are hired.
Let’s find out why only private/ independent investigators are used for the reference check.
Importance of Hiring a Private Investigator for Background Check
Since the private investigative agency uses the services of staff, they can conduct a thorough investigation. They use the right set of tools and skills to find the right answers from the right sources.
Apart from this, they can perform this service according to the legal framework. Therefore, you should be satisfied that the information can be verified.
Peace of Mind
If you work with a private reference checking investigator, you will have peace of mind that your employees are trustworthy.
According to statistics, 1 out of 3 bankruptcies happens as a result of employee theft. Therefore, it is important for businesses to make sure that their business accounts are accessed by trustworthy employees.
Saving your Money
For businesses, it costs a lot of money to hire and train new employees for a new position in the company. Therefore, they cannot afford to hire the wrong people. For these reasons, it is important that you hire the right person for the right job.
However, if you hire a work partner, you will lose a lot of money on training. In addition, these types of employees have a negative impact on your company’s productivity. Therefore, it is important to hire a private investigator for background checks.
Protect Your Business from Liability
If your employee you have hired, causes an injury, caught by accident or accident to other employees, you may be held responsible for his/her these actions.
If you run a reference check, it will protect your business from this type of liability. This will let you know if the individual you are going to hire has involved in this type of incident. So, this is another very good reason, why people hire the services of reference checking companies.
Protect Your Business Goodwill
The reputation of any business is associated with the reputation of your employees. If your employees enjoy a good reputation and behave well with your clients, it will have a positive impact on business reputation too. Your client or customer will not be happy if your employees are rude, lazy, or un-cooperative.
Long story short, these are some of the main reasons why business companies and individuals hire the services of private investigators to perform background checks.
How Much Does It Cost to Hire a Private Investigator for Background Check
Now we’re talking about how much does it cost to hire a private investigator and things you can do to protect yourself when you hire,
Most reference check investigators are going to charge by the hour anywhere from $75 to $130 dollars an hour. For more specialty items, you may see hourly rates above that number.
Before you hire a private investigator, there are three things you should ask for.
- Proof that they’re licensed so the evidence that they obtained will hold up for you and become admissible in the event that they need to prepare a declaration or testify in court.
- Secondly, there should be a written contract or an agreement that outlines who they are, where they are, what they’re gonna do, and what the costs are.
- Thirdly, ensure that you’re going to get a formal report of the findings the methodology in the context of the investigation that upon conclusion, you can have some work product that would be useful and presented in your case if any.
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