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Take Informed Hiring Decisions With Senior Executive Screening
Every now and then, people get to hear about high profile frauds. Quite recently, three former top-notch executives of Nortel Network Corp have been charged with manipulation of financial statements. Names of two out of the three former top management employees are Frank Dunn and Michael Gollogly. These three senior executives, reportedly, involved themselves in this fraudulent plan to become richer by about $12.8 million by way of stocks as well as bonuses.
Such incidents not only end up being a huge blow for the company being duped but also for the corporate world at large. Whenever a fresh incident happens, especially a high profile one, it makes the employers go back and re-evaluate their strategy for hiring people. Such cases also expose the way companies are vulnerable in this environment.
Employers might put up various questions to their Human Resource department. And, most of the questions would be pertaining to the hiring process and strategy. One of the questions can be whether the hiring process is flawed, and if it is flawed, what loopholes are there in the process. Other questions can be pertaining ...
... to the measures the HR department is taking to ensure that they do not end up hiring a dishonest person in the top management.
It is important not to hire a person with a shady past. It is because if a person has indulged in an unlawful act before or has not been compliant to regulations relevant to his line of work, or he has had instances of misdemeanour, there are high probabilities that this person might indulge in a similar act whenever he finds the environment conducive.
When hiring a senior executive or someone for a leadership role, recruiter needs to go beyond personal interviews. Recruiter should go for senior executive background screening. Senior executive background check looks into each and every aspect of a candidate's background, wherein each aspect is of some relevance to the employer.
Top management background verification is an effective tool that helps in ensuring that the candidate in question is a person with a clean background. In other words, senior executive screening helps in identifying whether a candidate has any instance of misdemeanour in the past or has any details in his background worth raising a cause of concern for the employer.
There are many checks within senior executive background check, ranging from employment, education and address check, to credit history and global compliance history check. Given the gravity of job position, senior executive screening can also involve overseas verifications. Again, because of the gravity of the job position, in most cases, such service is quite customizable which can accommodate the varying requirements of employer to employer.
~Naman is associated with a leading background screening company that specializes in Executive Screening
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