Why Performing Employee Background Checks Necessary for Tech Companies?

Employee background verification is essential for companies across all fields. However, tech companies need special mention in this regard for numerous reasons. Since it is a sector that handles sensitive information, there is no denying the fact that it needs tight protection against all kinds of fraudulent activities. And, when it comes to hiring, individuals with ill intentions can easily become part of a company in the absence of a strong employee background-checking system. This is known as a bad hire. And not only would it mean waste of money and resources, but a company’s image could be tainted, plus there could be many other challenges for the company to face. Employee background-checking tools like Digiverifier are being adopted by many tech giants to tackle the problems of a bad hire. If you are an owner or a hiring manager of a tech company and not sure whether an employee background check would be a worthwhile investment for you, in this blog, we have shared some of the reasons why it is necessary.

Top Reasons Why Background Verification is Necessary for Tech Companies

Here are some of the reasons why it is necessary to verify the background of candidates and employees of tech companies.

Protecting company assets

With the help of a strict and detailed background check on candidates, a tech company will definitely be in a position to identify genuine candidates when hiring. A tech company works to design and develop patented software, devices, and appliances and engages in massive research, development, and manufacturing work; now an information leak can mean an unimaginable amount of loss for such companies. This is why it is important to keep the company’s credential information and other assets in safe hands, and employing genuine and reliable employees would be of great help.

Preventing moonlighting

Tech companies are fighting against moonlighting like never before, as days are passing such cases are rising exponentially. Dual employment, or moonlighting, is a situation where an individual works for two employers at the same time. Not only does this have a high chance of affecting the productivity level of the employee and reducing the profit for the company, but it also leads to more threatening issues such as the leak of confidential data to competitors, conflicts of interest, and many other problems. Recently, tech giant Wipro identified 300 employees who engaged in moonlighting and fired them from the job.

To avoid such problems, companies first need to identify the candidates or employees who are moonlighting; to do this, they are using tools like Digiverifier and performing #UANverification.

For instance, recently, Digiverifier helped identify a candidate who was earning 53 lakhs in a month from 23 employers simultaneously. This saved the employer from having a bad hire.

Ensuring a safe environment

IT companies follow a close teamwork pattern where most departments are interdependent. So, if an unsuitable candidate with ill intentions is hired by the company, he or she can easily take advantage of this setup. And a data breach in this case can easily happen, which would definitely have huge consequences for the company. Investing in a comprehensive #employeebackgroundcheck would be of great help. As it would keep the work environment safe, protect it, and also save the concerned company from a bad reputation.

To hire the most-suitable employees

A tech company needs specially qualified employees for obvious reasons. Now, since the job market is crowded and an IT job is a lucrative opportunity, cases of candidates embellishing resumes to secure a job in the tech industry with high pay and good perks are increasing. In fact, recently, Digiverifier helped an employer identify a candidate who was demanding 24 lakhs by falsely claiming that he earned 10 lakhs. However, with a pre-offer employment check, it was revealed that the employee was earning Rs. 7 lakhs. Thus, it is important to perform a background check on employees in order to hire the right people who are qualified for the job and who can be trusted with confidential information.

Conclusion

Candidates can hide their criminal past, fake their educational qualifications, falsely claim to have various skill sets, engage in moonlighting, and deceive a company in multiple ways and for various purposes. Keeping the company protected from such individuals is highly important. And when tech companies are concerned, the case becomes more sensitive. With the help of different types of background checks, such as educational, employment, and criminal background checks, drug tests, and #UAN verification, a tech company can avoid many such challenges and be in a position to hire the most suitable employees. Background tools such as Digiverifier can help, as the advanced digital background verifying tool is designed to verify information against tamper-proof sources and generate accurate results within a short time. If you are interested in knowing more about Digiverifier, you can get in touch with the team.