Tag: Due Diligence

Are you aware of the costs associated with hiring a new employee? From the paperwork to the training (and much more), the entire process can be extremely expensive.

While this expense is a part of doing business, you don’t want to overlook one very important fact: you are wasting a lot of money every time you hire an employee and he/she does not stay onboard for an extended period of time.

One of the best ways to combat this issue is through a comprehensive pre-employment screening process. Along with the reduction of employee turnover costs, this can help ensure that you hire the right employee for the right position.

Problem Employees Lead to Lost Money

When you avoid hiring a problem employee it can save the company a large amount of money related to supplies, resources, and training time.

Imagine this: you hire an employee and after a couple of weeks on the job he or she quits or is terminated. All of the time and money that you put into the hiring and training process is now down the drain.
In more serious situations, an employer could be hit with a negligent hiring lawsuit should a “dangerous” employee be hired by the company.What about a Negligent Hiring Lawsuit?Is this type of lawsuit common? Of course not. However, the proper pre-employment screening process can take all the risk out of the equation.

A comprehensive background check can include the following (plus much more): drug screening, county criminal check, state criminal check, national criminal search, social security number trace, address verification, and prior employment verification.

There is no denying the fact that a thorough pre-employment check can cost in excess of $100. That being said, this will pay for itself by allowing you to hire the right employee while avoiding those who are not suited to stick around for the long term.

Questions to Ask Before Getting Started

No matter the industry or size of your business, pre-employment screening is extremely important. If you don’t have any experience with this part of the hiring process, ask yourself the following questions:

1. Which pre-employment service provider can give me the “total package” at an affordable price?

2. How much is too much? Some employers opt for nothing more than a county and state criminal database check, while others are willing to pay additional for a more comprehensive service.

3. What type of information must I collect from applicants in order to get started?

Pre-employment screening may be a large upfront cost – especially for companies that do a lot of hiring – but overall it will pay for itself.

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It has become evermore common that employers check whether an applicant for a job has a criminal record.

The number of enquires made to the Criminal Records Registry in 2010 was 34 times higher than it had been in the middle of the 1990s.

This is the conclusion of a thesis from the University of Gothenburg, which analyses also the causes of this increase.

“One reason is that several new laws make checking the Registry compulsory for certain employers, such as schools.

But another reason is that employers who are not covered by these laws have started to request that an applicant present an extract from the Registry,” says Christel Backman.

Her thesis presents studies of how employers use criminal background checks when taking on new personnel.

A criminal background check has been compulsory when employing personnel within childcare and the school system since 2001, in order to exclude people who have been convicted of sexual crime or certain violent crimes.

Christel Backman’s thesis presents a historical analysis of the growth of the Register and the changes in legislation that have taken place.

The thesis includes also a study of interviews with employers who request extracts from the Register even though this is not required by law, and an analysis of the discussion in the media, from 1997 until today, concerning such criminal background checks.

The study shows that employers who require that applicants present an extract from the Register despite this not being founded in law do so because the employees deal with theft-attractive goods, that it will give a competitive advantage, or that they have customers who require it.

“It is easy to understand individual employers who believe that they must do everything possible to prevent the employees committing crime”, says Christel Backman. “But we should be more critical to this development from a societal perspective.”

Debate in the media during the past ten years has swung from criticism of the use of criminal background checks to criticism of the fact that they are not used more frequently. The focus previously was on rehabilitation of a convicted person. Today, it has become preventing crime by excluding convicted persons. Christel Backman believes that there is a risk that increased use of criminal background checks will lead to convicted people being excluded during recruitment, and thus finding it more difficult to become reintegrated in society. This is occurring at the same time that research shows that having somewhere to live and having a job are the most important factors in preventing a convicted person reoffending.

Christel Backman interprets the fact that employers who are not covered by the legal requirement to request an extract from the Criminal Records Registry do so as a sign that measures that previously would have been considered a violation of privacy are now being more readily accepted.

“I call this ‘function creep’,” says Christel Backman, and continues: “It’s a common effect in various forms of surveillance. We can see the same thing happening in CCTV monitoring and in the use of DNA registers. We become accustomed to measures that violate our privacy, and start to ask why they are not more widely used. Finally, we demand that such measures be introduced, and ignore the negative consequences that this has.”

Background: Just over 184,000 compulsory criminal background checks of job applicants were carried out in 2010. More than 160,000 people requested an extract from the Registry in the same year. Most of these were people who had applied for a job with an employer who required such an extract.

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Tenant Background Screening Tips and Tricks

Apply these tenant screening tips thoroughly and rest assured, you can find one. The best source for quality tenants may come from word-of-mouth referrals, or someone that can vouch for them – so spread your message in your community first. Thereafter you need to use the notice boards in the school, sports club, company, vet etc. If you still have no applicants, you are able to advertise in the community or regional newspaper. Many sites offer the opportunity to list your house (with photographs) to get a nominal fee as well as totally free of charge.Telephone Tenant screening Tips

Here is your first contact with a prospective tenant and you may already form a broad impression. Make notes over the conversation to attach later with their application form. Confirm the rental price, features and address from the property.

  • Ask their factors behind their interest in your house and for leaving their current place.
  • Ask what number of people will occupy the device and the period of rental they may be interested in.
  • The longer the time, the better – you do not need a regular turnover of tenants.
  • Ask how close their work environment is and for the time they have been employed there.
  • All these questions will be taken care of in detail in the application (and specified in your Free Real-estate Contract Forms and Agreements) but if you already get vague answers you ought to heed the warning signals.
  • Showing the home and property

    Lets presume a criminal record is male – does he arrive by the due date, is he courteous and presentable and does he make an effort to make a good impression for you. Does he ask pertinent questions. Have a look at the condition of the car through which he arrived.

    Good tenant screening tips: You may even arrange to meet all the prospective tenants on-page at the same time to show it. This will save you time, put pressure on applicants and stop them from looking to haggle over the rent. Indeed, by the way, how do you calculate the most beneficial Rental Price ?

    Does he find fault unjustly to be able to try and knock down the rental or are his concerns genuine and may they be addressed.

    If he expresses a pastime to rent, you are able to give him a rental application (most important tool within your tenant screening tips when you Be a Landlord ) but make sure he understands you have other applications to take into consideration and give him the closing date for applications. Talk about for proof of identity, compare the photo and go into the information into the space provided within the application form.

    The Application Form

  • The next information will be required:
  • Full identification such as ID/Social Security and or drivers license
  • Full identification details for more occupants
  • Rental history – current and prior
  • Employment details – current and prior
  • Credit information such as bank details, car financing details as well as other credit references for example furniture or clothing accounts
  • Friend and family details
  • Permission to confirm all details

Tenant screening Tips after Application

Upon having a couple of applications you’ll be able to compare them and after that verify the details of candidates on your own shortlist. Take your time and accomplish this thoroughly! Do not use the phone numbers supplied about the form blindly (in case his friend poses as his employer and provide him a glowing reference) but use the telephone directory to ensure his place of work etc.

A vacant apartment does be expensive for you but a marginal tenant will cost you more in the long run. Do not be influenced by sad stories – if this starts off like this it’s going to most likely only get worse.

Set yourself a checklist by which to rate applicants. You may allocate points to every one category that meets your criteria, therefore a rejected applicant accuses you of discrimination you are able to show clearly how another applicant was better qualified.

As said before – keep a written record (date, time, intended theme) of all conversations between yourself and applicants and fix it to their forms which will later go into the tenant file.

Credit Assessment

Have a credit check completed by a reputable professional company. The fees charged for a real service are very less space-consuming than unpaid rent or property damages, which can force you to use our free Eviction Forms.Try not to be rushed into a decision by any applicant or through your fear of losing a job candidate and not renting your unit quickly. Once you made your decision, notify all applicants whether successful or otherwise.

Encourage rental payments by direct debit order is a second of the good tenant screening tips (you can forget “the check is in the mail”) which ensures the rent is paid on time and leaves only the services/utilities bill to be settled separately.

Check into your property and visit regularly (the tenant will grant you reasonable access inside Free Property Rental Agreement and free property contract forms). This gives you the opportunity to check up on occupants, damages or other unwanted activities without violating the Renters Rights. Furthermore, it offers your tenant the opportunity to discuss any maintenance problems personally and knowing that you you can visit frequently may keep tenants on their toes.

You don’t have to become personal friends along with your tenants but building up a trusting relationship goes a long way to a good landlord/tenant partnership. If the property investment portfolio is certainly that you do not have the time for it to do all this, you’ll be able to hand over these duties to a reputable Property Management Company.

Picking the appropriate tenant will eliminate 80% of your future headaches. That’s why landlord tenant screening and owning a tenant background check is important. Our landlord tenant screening tips will disclose how to run a landlord criminal record check and choose the best tenants to your rental property.

In general 3 outside of 10 tenants can be harmful ones and it is critical which you weed them out. As being a landlord, you are looking for people who will pay the rent by the due date and play nice in line with the rules of your rental agreement. Landlord tenant screening does feel like a lot of work however it’s actually quite simple when you know the right steps. Our tenant screening tips and guide will reveal how to weed out any rotten tenants and opt for the perfect one for the property today:

If you’re a landlord or property manager, landlord tenant screening and building a tenant background check should be one of your most important task. Learn the way you can pick responsible, trouble-free tenants today with this particular 3-part tenant screening tips and guide.

Are You Screening New Tenants? Grab Your Free Rental Application

If you’re a landlord looking for new tenants, our tenant application will help you screen them easily and quickly. This guide will not just give you a free sample of our rental application but we’re going to also show you tips on how to dig up hidden gems of information from it.

What are Your Landlord Tenant Rights When selecting and Rejecting Tenants?

Many landlords and property managers have no concept what exactly are their rights on the subject of choosing tenants for his or her property. Our tenant screening tips and guide could make your life a lot easier by telling you exactly you can and can’t do. You will also discover the most common and valid advantages for rejecting someone as your tenant. Your landlord criminal history check is an essential tool for weeding out rotten renters but do you know that you can land yourself in hot soup should you be accused of discrimination? Learn how to carry out your landlord criminal history check legally with our tenant screening tips.

Found Your Perfect Tenant? Now you have for Your Landlord Lease Agreements

Through with your landlord criminal record check and snagged your perfect tenant? Then learn information about your critical lease agreement plus the clever ways you can apply it to maximise your rental profits and hang up the ground rules for any smooth lease. Building a credit check and tenant criminal history check on your potential applicant is critical because it is the surest strategy to know whether he or she is likely to pay the rent promptly. If you want a quick and painless way of getting your hands on your tenant’s credit history, then Tenant Screening Background Check will what you need nicely.

Out of all the landlord tenant screening companies that we have reviewed, Tenant Screening Background Check stands apart because of its excellent customer care and highly informative website. The credit reports from Tenant screening Criminal record search also scores kudos for being easy to read and helpful – They are going the extra mile to include their own personal recommendation and advice with every credit score.

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