Does Background Verification Hurt or Heal?
There are no such losses but they do it for the company safety purpose.
They are doing verification just to check a person’s criminal record , education, employment history, and other activities that happened in the past in order to confirm their validity.
Another strong reasons are;
- They want to hire legal workers. (As we all know hiring someone without the right to work in the US could get you fined up to $10,000)
- Hire safe workers.
- Hire honest workers.
Edit: Do you think employees background check can protect company for future losses ? (This was the question initially it got changed later. I answered accordingly).