Unless the job involves managing money or investments, a credit check won’t tell a recruiter anything worthwhile about a candidate. That’s the opinion of Kris Dunn, a human-resources expert and founder of the recruiter blog, Fistful of Talent.
For most jobs, a criminal background check is all a recruiter needs to vet a job applicant.
The simple truth is there’s really no clean way to judge the information you get back. Criminal is much easier – you have a felony, most companies say no until you get way down the food chain of jobs. However, even criminal backgrounds get HR pros in a sea of gray – there’s always the stray misdemeanor that comes back that says the candidate might have an issue with anger management. Misdemeanors are left to a judgment call, so you interview the perp and try and sort out the truth…
About 40 percent of companies claim to check candidate credit reports, according to a 2004 survey by the Society for Human Resource Management.
(Image by jo.yvonne via Flickr CC 3.0)