Saturday, 2nd December 2023

‘Background check should drive corporate policy’

By Adelowo Adebumiti
30 May 2021   |   3:23 am
To curb fraudulent and criminal activities by employees, corporate organisations have been urged to entrench background check as a policy.

To curb fraudulent and criminal activities by employees, corporate organisations have been urged to entrench background check as a policy.

This is as result of the crucial role of background check in verifying claims of prospective employees during the recruitment process.

The call was made by experts at a recent webinar organised by Nigeria’s foremost background check company, Background Check International (BCI).

The experts pointed out that issue of background check and due diligence are basic imperatives for corporate organisations to focus on, saying this is as a result of their overall importance to corporate governance.

Themed The impact of background check on businesses, now and in the future, the event x-rayed impact of background check on overall growth of corporate organisations.

Speakers at the event urged corporate organisations to conduct due diligence before employing any staff.

According to them, data has been a major challenge in conducting due diligence as this impedes the process. They said when there is data on criminal records on people, the process of background check is facilitated properly.

They added that it is also important for organisations to focus on claims and educational verification of prospective employees.

The Divisonal Director, Human Resources, Leadway Assurance, Mrs. Kunbi Adeoti, said due diligence impacts organisations and it should form a crucial part of the employment process to identify bad behavior and fraudulent acts.

“If due diligence is not done, certain behavioral pattern may impede organisational growth,” she said.

In his contribution, Head, Human Resources, Globalcom, Mr. Yemi Faseun, noted that if due diligence is not conducted, risks are being passed from one organisation to the other. He added that there should be tracking of employees before they engage in fraudulent acts.

The issue of culture also dominated discussions at the webinar. The experts enjoined corporate organisations to develop a corporative culture that has due diligence and verification as important elements.

Founder, pre- employment Directory.Com, USA, Barry White, stated that every organisation should start a culture of verification.

The Chief Executive Officer of Background Check International, Mr. Kola Olugbodi, bemoaned the situation whereby organisations were not conscious about background checks, urging them to make it a corporate culture.

In reinforcing the issue of culture, Publisher, Working Moms Magazine, Mary Ikoku, said hiring staff need the same indices applied during traditional marriage to prevent fraudulent claims. She stated that organisations should translate their core values into reality and employ the right candidates.

Olugbodi said relevance of background check has to be determined in line with what organisations stand to gain or lose. While noting that 70 percent of organisational loss is always due to employees sharp practices, he urged them to stop recruiting based on brilliance and focus on due diligence and background checks.