NEW YORK, N.Y. (January 4, 2023) — Sterling Check Corp. (NASDAQ: STER) (“Sterling”), a leading global provider of background screening and identity services, today announced that it has acquired Socrates Ltd. (“Socrates”), the largest independent screening company in Latin America. This acquisition expands Sterling’s global presence into Latin America to serve the rapidly growing regional hiring needs of both multi-national and local clients.
“This is an incredible opportunity to expand Sterling’s presence into a region with rapidly increasing hiring demand across our clients, especially in financial services and technology,” said Josh Peirez, CEO, Sterling. “The Socrates team has built a highly reliable operational model and suite of screening services, guided by their people-first, client-centric values that are a perfect fit with the Sterling culture.”
Founded in 2003, Socrates has operations centers in Brazil, Colombia, and Mexico. The company is known for extensive regional coverage that delivers high quality, accurate, and compliant background screening. Their services include criminal background checks, employment and education verifications, and credit checks.
Socrates’s expert management team will join the Sterling leadership team, building upon Sterling’s proven model of bringing deep regional expertise, innovative localized solutions, and unrivaled client service to deliver growth in the region.
“We are excited to join Sterling and are proud of this next chapter for our company,” said Robert Jones, Executive Director, Socrates. “We look forward to combining our regional expertise in Latin America with Sterling’s best-in-class client service model.”
The acquisition of Socrates builds on Sterling’s strong track record of successful M&A and is consistent with the company’s geographic expansion and capital allocation priorities, including the recent announcement of a new 5-year credit facility and share repurchase program. The transaction was fully funded by cash on the balance sheet.
https://www.sterlingrisq.com/wp-content/uploads/2023/01/Sterling-Acquires-Socrates-Ltd.jpg5541000Timhttps://www.sterlingrisq.com/wp-content/uploads/2019/04/sterling-risq-logo-1.pngTim2023-01-05 07:47:092023-01-05 07:47:09Sterling Acquires Socrates Ltd., Latin America’s Largest Independent Background Screening Company
There is no hiding from the fact that the hiring landscape has been a bit bumpy over the last couple of years, with even more changes happening over the last six months. Whether you’re involved with recruiting, background screening, and onboarding, or whether you’re a job candidate currently going through these processes, navigating hiring shifts and challenges is front-and-center for many of us.
We are seeing HR professionals push forward and adapt to these shifts, but how well do they understand what candidates actually want? Sterling often hears directly how job seekers view the hiring experience, and we value the constructive feedback they can provide around the entire hiring process. That’s why we surveyed more than 3,700 recent job seekers for our 2022 “Hiring Reimagined” report.
If you’re looking to understand what job candidates really want from your organization, keep reading. We’ll take you inside the minds of many job candidates as we compare and contrast their thoughts directly with those of HR professionals.
Tip: To download the full report, scroll to the bottom of the page.
A Shift in Hiring Power Dynamics
A shift in power can be observed, as 70% of recent job seekers claim they considered dropping out of their most recent hiring experience or did make the decision to fully drop out. If this many job candidates are confident enough to walk away from a potential new role, what exactly is happening during the hiring process to make them leave?
What we found is that these decisions are directly related to the hiring experience. The 70% surveyed went on to explain that the hiring process took too long, was too complicated, that there were too many touchpoints, that there was an issue with the background screening process, among other responses. A challenging and time-consuming candidate experience shifts the power dynamic and gives job candidates the option to start looking for other opportunities or stay at their current job.
In order to triumph in the future of hiring, it will be important for HR professionals to recognize job seekers’ frustrations with the process and to invest in areas that will accelerate and simplify the candidate experience.
Where Do HR Leaders’ and Job Candidates’ Views Differ?
We must look at the hiring process as a shared experience between HR teams and job candidates. When better aligned on this shared experience, HR professionals can successfully move candidates through the hiring process from start to finish, ultimately leading both parties to take the next step towards Day One of the new job. After all, a new job is a celebration for both the candidate and the company. To help achieve this, let’s look at the importance of expressing company culture and values.
When we compare and contrast responses from job seekers and HR professionals, we see markedly different opinions about how well organizations demonstrate their culture and values during the hiring process. Candidates do not agree that, when they went through a hiring process recently, the organization showcased their culture and values “strongly,” only answering, “somewhat.” This misalignment can easily result in a candidate dropping out of the hiring process, especially as company culture and values become more important to job seekers than ever.
Background Checks are a critical part of the hiring process to help organizations find authentic candidates and get them in the door quickly and safely. And while we often highlight the importance for organizations, job candidates also have their own perspectives and values when it comes to undergoing and completing a background check.
Here again we’re seeing a notable misalignment as job candidates place a premium on culture and values. Organizations should look to highlight these areas during the background screening process to attract and engage their ideal workers. It’s also helpful to know that job seekers don’t actually feel negatively about background screening. In fact, 59% of candidates told us that the background screening process made them feel more confident about the organization/job. This presents an opportunity for hiring teams to think about background screening as a way to build confidence with job candidates. Having a positive experience with your brand, improved by timely updates in the hiring process, can give your company a competitive edge and help secure top talent.
How Can HR Leaders Focus on What Candidates Want?
As we move into the future of hiring, there is no time for organizations to be guessing at what job candidates want from their hiring experiences. Our research puts a spotlight on the fact that there are many things job seekers want HR professionals to know. For example, we uncovered that individuals aren’t just looking at pay when choosing where to work. Candidates also place importance on safety in the workplace, both with colleagues and physical locations, flexible work hours, time-to-hire, and remote work options. Job seekers aren’t making decisions based off just one factor. Rather, their direct responses tell us that they want to work at organizations where they can trust that they will be safe, where they have a degree of control over when and where they get their work done, and where they can quickly get started at their new job.
While this comprehensive data tells a story, we also gave job seekers an opportunity to share, in their own words, what they wish HR professionals understood about the candidate experience from their perspective. Their responses mainly fell into four main categories consisting of time, choice, humanity, and communication.
Candidates are having a wide range of different experiences with hiring teams. In fact, the same hiring process at one organization may feel completely different from one candidate to another. HR professionals can benefit by keeping this top-of-mind when an individual is preparing to take the next step into a new role.
What’s Next?
It’s true that the hiring landscape is challenging right now, but there are many opportunities for HR professionals to address these challenges by better meeting the needs of job candidates throughout the overall hiring process, including background screening, and put strategies in place to improve and enhance the experience.
Don’t feel as if you need to do this alone. Seek out a background check partner like Sterling to elevate the candidate experience, optimize your background screening processes and timelines, and maximize the importance of culture and values in the hiring process. Discover more of what the over 3,700 recent job seekers and over 1,200 HR professionals had to say about the future of hiring. Download the full benchmark report.
https://www.sterlingrisq.com/wp-content/uploads/2022/12/Do-You-Know-What-Job-Candidates-Really-Want.jpg461832Timhttps://www.sterlingrisq.com/wp-content/uploads/2019/04/sterling-risq-logo-1.pngTim2022-12-16 09:09:132022-12-16 09:09:13HR Professionals: Do You Know What Job Candidates Really Want?
The swathe of data breaches has involved leaks of information relating to many millions of customers. In the more significant breaches, personal details and identity documents have been accessed, causing well-founded concern for those customers whose data was released.
Key Takeaways and Learnings for Businesses
There are many important takeaways for businesses on the data security and technology front. Cybercriminals became increasingly savvy and opportunistic during the pandemic, and this bravado has apparently not waned in 2022.Businesses therefore need to be proactive in mitigating security risks and minimising the chance that cybercriminals succeed in accessing their systems. This includes routine testing and updating of security software and conducting regular penetration testing and other simulations. There is no longer any room for data security complacency when such significant amounts of data are stored, accessed, and utilised on a daily basis.
From a legal perspective, businesses need to review and bolster their agreements with customers about the appropriate use of their data. This includes the length of time that their data will be stored, clarifying how their data will be used throughout its lifetime, and explaining how it will be erased once the period is up.Businesses that fail to effectively communicate and fulfil their duties when dealing with customer data will find themselves vulnerable to class actions and major legal issues should a major data breach occur.
There are also many learnings about the level and timeliness of communication expected from businesses should a cyberattack or data breach occur.Customers now expect increasing levels of transparency and forthrightness from businesses about major issues. They also expect this communication in a timely manner due to the many channels available for businesses to contact customers about issues as and when they arise.
Yet, a survey carried out by PwC “suggests 90% of Australian executives are still concerned publicly sharing information about cyber attacks on their businesses could hurt their bottom line and lead to a loss in advantage over their competitors.” This is a worrying statistic in a world where cyberattacks are becoming increasingly frequent and sophisticated.
The Australian Cyber Security Centre has suggested that cooperation between companies and transparency with stakeholders “are key to building a truly national threat picture”, and we hope to see increased transparency from businesses when major cyberattacks or data breaches occur in the future.
Finally, businesses must thoroughly consider and regularly review the internal processes and procedures in place to protect proprietary systems and sensitive customer data.Robust processes and procedures should be in place to mitigate the risk of employees facilitating access for cyberattacks and for employees to understand their personal responsibility when it comes to data security and systems usage.This is important from a compliance perspective – to ensure data is collected and stored in line with legislation. And it is equally important from a risk management perspective – to minimise the risk that employees either knowingly or unknowingly provide access for cybercriminals to extract valuable data from systems.
All employees must therefore undergo frequent training and development to keep abreast of security changes and updates.
What Can HR Teams Learn from Data Breaches?
While many cybersecurity, IT, and data security lessons have been identified, there are also actions that HR teams can take to minimise the chance that employees become implicated in cyberattacks.
One such action is to conduct thorough background screening during the recruitment process. Employees often have access to sensitive customer data hence it’s vital that businesses hire candidates that can be trusted to manage customer data responsibly.
By conducting screening during the recruitment process, such as financial probity, social media searches, and reference checks, hiring teams can obtain a more holistic view of a candidate in order to make well-informed hiring decisions. Ensure that your hire is who they say they are with identify verification to prevent identity fraud or handing your sensitive customer information into the hand of fraudsters.
Along with background screening at the time of hiring, businesses should regularly review their risk by conducting re screening or indeed continuous screening of employees. Employee circumstances are always changing, e.g. they may experience personal or financial issues during their tenure, which may impact on their behaviour, continuous or rec screening enables employers to identify these changes as they arise to ensure that employees remain suitable for the workplace and for their role.
In a time when data security is of utmost importance, businesses are being evaluated not only on their cybersecurity and privacy credentials but also on their entire operational process to mitigate risk, including hiring and recruitment.
How Sterling RISQ Can Help
Sterling RISQ are experts in providing background screening services and solutions in the Asia-Pacific region. We offer a wide range of screening services, including criminal searches , employment verification , identity verification, social media, civil litigation, adverse media searches, and many more.
Employees have frequent access to confidential data and systems; it is therefore more important than ever to make sure you’re hiring the right people. Contact us on info@sterlingrisq.com to discuss your screening needs and ensure your business is doing all it can to hire suitable employees and mitigate risk.
https://www.sterlingrisq.com/wp-content/uploads/2019/04/sterling-risq-logo-1.png00lynn.eehttps://www.sterlingrisq.com/wp-content/uploads/2019/04/sterling-risq-logo-1.pnglynn.ee2022-12-06 11:43:442023-01-30 13:00:09What Can We Learn from Major Data Breaches?
Employee moonlighting i.e. having a second job, typically secretly and at night, in addition to one’s regular employment is on the rise around the world and around the clock NOT just at night
This growth in moonlighting has largely been attributed to increasing work flexibility and a search for creative satisfaction since the pandemic. However, recent high-profile cases have shone a light on how moonlighting can cause issues for primary employers.
What is employee moonlighting?
Moonlighting refers to employees who take up a second job or multiple other working roles in addition to their full-time job.
For example, an employee may work for your business during typical business hours, 9am to 5pm Monday to Friday, and also choose to take up additional employment with a separate employer from 6pm to midnight on certain weekdays.
Whilst moonlighting may be suitable in some situations, it may also negatively impact the primary employer due to customer data privacy and protection issues or a conflict of interest. This is particularly the case when an employee’s secondary employment is in the same industry and/or with a direct competitor.
What are the implications for employers?
It’s vital for employers to understand their rights in order to effectively manage employees who are working multiple jobs.
Employers should firstly ensure that all employees are fully informed of moonlighting policies. These are typically included in general HR policies or an employee handbook. The policy should specify the circumstances in which an employee may or may not have a secondary job, whether the employee needs to seek approval prior to taking up an additional job, and it should specify any industries, companies or roles in which the employee can’t hold a second job.
If a policy is in place and the employee does not meet the requirements specified in that policy, the employer may have the right to ask the employee to leave their secondary employment.
What additional precautions can employers take?
Employers can take two additional precautions to effectively identify and manage moonlighting employees. These safeguards will help to mitigate potential conflicts of interest.
One solution is to conduct thorough background screening prior to hiring new employees. This includes employment verifications, references, social media, directorship and adverse media searches, to name a few
Background screening can reveal whether a candidate continues to hold positions that they claim to have terminated. For instance, a candidate may lied about leaving their past employers but thorough screening, including a search on the candidate’s employee provident fund (PF) account, can uncovered that the candidate was still actively employed in two roles.
A supplementary solution is to conduct regular re-screening to ensure that no conflicts of interest arise during an employee’s tenure. It is often the case as an employee gains more experience and understanding of the market and especially in hybrid work environments where employees don’t necessary need to head into a physical office. Re-screening is one way to identify any employees who have taken up secondary employment during their tenure.
How can Sterling RISQ help?
Sterling RISQ provides background screening services by conducting thorough screening with direct sources, such as government authorities, local or national police agencies, and prior employers and referees and by conducting broad based media searches.
Sterling RISQ uses leading technology to conduct a wide range of background screening services in industry-leading turnaround times. Implementing a tailored suite of screening services can equip organisations with the valuable insights to better understand and manage their workforce.
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The Australian Prudential Regulation Authority (APRA) has announced that it will be reviewing its prudential framework with the aim of making its standards, guidance and advice “clearer, simpler and more adaptable.”
In an information paper released in September 2022 and a subsequent letter in October 2022, APRA outlined a roadmap to modernise the structure of prudential standards in an iterative manner over a number of years.
APRA plans to achieve this modernisation through a series of initiatives that are focused on:
better regulation – making standards and guidance easier to navigate, understand and implement
digital first – using supervisory technology (suptech) and regulatory technology (regtech) to support better regulation, and
new risks, new rules – developing approaches to meet emerging risks and new business models.
APRA pointed out that the financial landscape is changing quickly, particularly with the digitisation of finance, new business models and emerging innovations, which are all testing the existing regulatory framework.
Which industries will be impacted by the review?
The following industries will be affected:
financial services
banking
insurance, and
superannuation licensees.
APRA has further cited the emergence of cryptocurrency, digital assets and digital ledgers, which may also be affected by the revised framework.
How might the changes affect hiring?
There are several ways that APRA’s review may have an impact on hiring in the relevant industries.
APRA expressed concern about the risks associated with cyber security; this may result in increasing obligations to implement strict security controls relating to employee and candidate data.
The implementation of a digital first mindset will encourage the uptake of suptech and regtech solutions in order to support entities’ governance, risk and compliance (GRC) systems. These solutions and other digital tools may extend to the improvement of hiring practices and processes.
In the September information paper, it is stated that APRA has developed and will pilot a new “Guide for Authorised deposit-taking institution (ADI)” to “support them in understanding their current obligations.” This new guide may affect the obligations and screening requirements of directors and board members prior to their appointment to boards.
APRA has mentioned that its prudential framework needs to expand to cover “new business models and more complex group structures” as they pose “new challenges and accentuate existing risks.” Operators offering digital services such as cryptocurrency, digital assets and digital ledgers, along with groups that cover multiple industries, may therefore be affected by additional compliance obligations and should keep abreast of further announcements by APRA.
APRA has stated that the review will be “multi-year, iterative and evolutionary” with “incremental changes in the design of the framework.” We therefore expect to learn of changes gradually as APRA seeks industry feedback and implements pilot initiatives to improve the prudential framework.
How can Sterling RISQ help?
Sterling RISQ are experts in the background screening industry in the Asia-Pacific region. We pride ourselves on our nuanced understanding of regulatory and compliance requirements in Australia and the surrounding region, and we are eager to share this advice and information with clients.
If you’d like to leverage our expertise, contact our Financial services experts at mick.roche@sterlingrisq.com
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We’ve all seen the glitz and glamour of real estate sales on shows like Selling Sunset and Million Dollar Listing. But aside from the drama and high-flying life, what really goes into becoming a real estate agent?
New Zealand has recently made the requirements clearer for aspiring NZ-based real estate agents, managers and salespeople. In August 2022, the Real Estate Authority (REA) published guidelines about the considerations they make when determining whether an applicant for a real estate licence is “fit and proper”.
The guidelines, referred to as the Fit and Proper Guidelines, set out the principles and factors that the REA registrar will assess when reviewing an applicant’s character. These guidelines provide transparency and clarity about a process that was already in place but not previously made public.
The guidelines state that the registrar will consider factors such as whether the person is of good character, their ability to communicate effectively, their ability to treat others with respect and courtesy, and any potential risk to public safety.
In making their assessment, the registrar will also look at an applicant’s prior convictions, both in New Zealand and in other countries – particularly the nature of the offence, time since the offence, and the applicant’s age at time of offence.
Certain convictions like dishonesty offences, offences involving physical or sexual violence, and other serious offences are unlikely to meet the bar for a fit and proper licensee. The registrar will additionally consider whether an applicant is or has been subject to disciplinary proceedings or other complaints and inquiries.
What does this mean for you?
The published guidelines make it clearer for prospective licensees, renewing licensees, and the public to understand the requirements to be assessed as fit and proper to hold a real estate licence.
Concerned applicants and/or their employers may wish to conduct their own due diligence by seeking a criminal history background check and other checks prior to submitting an application for a licence.
Other screening to consider undertaking are bankruptcy checks, professional disciplinary matters, directorship checks, and adverse media checks, as these are all issues that may be considered with the application. Increasingly in the digital era, where we have multiple working arrangements, work in varying locations, and have a variety of candidates, e-referencing and social media checks can help bridge a gap between you and your candidate and help you determine if they are a cultural fit.
This level of due diligence can help to ease the pressure of the application by identifying any potential issues or red flags prior to submission, saving time and money in the long term, providing you a compliance safety that ensures your organisation is protected from fraudulent candidates posing a risk.
If you’d like to learn more about the new REA guidelines or about the screening services that Sterling RISQ offers in New Zealand for licensee applicants, contact us at info@sterlingrisq.com
https://www.sterlingrisq.com/wp-content/uploads/2022/11/Fit-and-proper.jpg461832Timhttps://www.sterlingrisq.com/wp-content/uploads/2019/04/sterling-risq-logo-1.pngTim2022-11-03 15:12:202022-11-03 15:12:20“Fit and proper” – what does it mean and why does it matter in real estate?
Unfazed by the looming threat of recession, many companies increased their hiring in June 2022 compared to the same period last year. This surge has been particularly notable across the hospitality, retail and entertainment industries.
The growth in job postings is largely attributed to a post-pandemic recovery – hospitality and entertainment businesses were hit particularly hard and are understandably making up for lost time as tourism grinds back into gear.
Hospitality, retail and entertainment companies also typically face higher turnover rates compared to other sectors, meaning the current hiring needs are a combination of the usual turnover requirements combined with the extra recruitment needed to compensate for staffing losses during the pandemic.
How can your organisation hire smarter and quicker?
Meeting this unique level of demand will be challenging, and it’s especially important for companies to secure talent quickly in the current climate.
The findings by LinkedIn indicated that whilst job postings are up compared to last year, there is significantly less competition for each role. In fact, there was over a 50% drop in the average number of applications submitted for paid job postings on LinkedIn across the three nations.
LinkedIn’s Asia-Pacific Managing Director, Feon Ang, suggested that this is due to job seekers “being more selective in picking their next role”. We’re therefore seeing a job market that is being driven by job seekers and their expectations.
For companies who are increasing their hires this year, it’s vital to make the recruitment and onboarding process as quick and straightforward as possible to attract the best candidates.
One way to achieve this is to speed up the background screening process in order for hiring decisions to be made swiftly. Using an experienced external background screening provider like Sterling RISQ helps to streamline the process and ensure that candidates are screened and moved onto the next stage of recruitment as soon as possible.
Sterling RISQ also provides convenient and user-friendly screening solutions that make it easy for candidates to conduct their screening at a time and place that suits them.
If you’d like to learn more about the services that Sterling RISQ can offer to help you hire smarter and quicker, contact us on info@sterlingrisq.com
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According to recent reports, Tim Boyd successfully became the CEO at Christchurch City Holdings Ltd (CCHL) even though he faced multiple fraud allegations, civil lawsuits, alleged drink driving charges and active warrant for arrest in the United States, along with a restraining order taken out by an ex-fiancée.
Recruitment agency Decipher Group, who helped CCHL recruit Boyd, said civil matters in the US are not picked up by their ‘industry standard’ background checks. A lawyer for Boyd also advised that Boyd fully disclosed his work history and was not aware of any outstanding debts in the US when he applied for the position.
As these incidents were not discovered during the hiring process, Boyd was able to work as a senior adviser at the Ministry of Social Development for two years, and subsequently become the CEO of CCHL, controlling assets worth more than $4.5 billion
CCHL has advised that it is now pursuing an external review into Boyd’s employment history as well as an internal audit of all contracts and financial transactions during his tenure as CEO.
These reviews will cost CCHL significant time and money, not to mention considerable reputational risk, yet all could have been avoided if a global background screening framework have been put in place and conducted before he was hired.
Prevention Better Than Cure
Background Screening acts as due diligence to flag any candidate issues prior to making major hiring decisions. This protects companies in many ways – it mitigates reputational risk, minimises the need for rehiring, and safeguards employees and customers from interacting with people who have falsified their experience.
A thorough background screening process includes searches that are conducted globally in locations where the candidate has previously reside and work in. The screening should include adverse media searches, criminal history checks, social media screening, and reference checks with past employers
It’s particularly important to conduct comprehensive reference checks on candidates for senior management roles. Simple reliance on a CV is not sufficient as they are typically written by the candidate and presented in a way that paints them in the best light.
Reference Checks, on the other hand, offer a more genuine behavioural overview of a candidate. By speaking with colleagues and managers who have direct experience working with the candidate, honest information can be gathered about the candidate’s capabilities and suitability for the role. In the case of Boyd, several people in the US who knew Boyd described him as a sociopath. Former business associates say he lied or misrepresented information on business deals.
Holistic Background Screening helps to expose a candidate’s problematic history (if any exists) and enables recruitment teams to make well-informed hiring decisions.
How Can Sterling Help You Avoid A ‘Trail of Horror’?
Using an experienced global background screening provider like Sterling RISQ ensures that background checks are well rounded and conducted efficiently and accurately. This gives employers peace of mind, when hiring for a position of trust with full awareness and information about a candidate’s past.
Sterling has a global presence across the ANZ, APAC, EMEA and US & Canada regions, which enables us to deliver the most through background screening services on the market, with unparalleled access to official government databases.
Make sure you avoid a ‘trail of horror’ by establishing a holistic and robust screening framework at your company. Get in touch at info@sterlingrisq.com to discuss your global screening needs.
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Indian Prime Minister Narendra Modi recently voiced his strong support for increasing the participation of women in the workforce.
“We have to think what more can we do for our women workforce, particularly in the emerging sectors. We can make good use of the women power by adopting flexible work hours, which is the future need,” he stated in an address to labour ministers and secretaries of states and union territories.
The Indian government has set lofty goals for its economy and infrastructure in their ‘Vision India @ 2047’ and it appears that the government is putting words into action by pushing for more social security measures and workplace welfare initiatives to support reaching their goals.
The India government recognises that encouraging the female population to participate in the workforce through initiatives like flexible workplaces, a work from home ecosystem, and flexi-work hours, are important ways to achieve their vision.
We are likely to see more government-supported initiatives like these in the coming years, and it’s important that companies adjust their hiring processes to accommodate this influx of female candidates and support increased diversity in their hiring.
Improving hiring processes to increase diversity
Just as workplaces need to become more inclusive to attract a diverse workforce, hiring processes also need to be made more flexible to retain diverse and top-quality candidates in hiring pools.
One way in which companies can offer a flexible hiring process to candidates is by incorporating digital and remote background screening and identity verification options.
Offering digital background screening options enables candidates to conduct their background screening requirements in a manner that is convenient and suitable for them.
For example, remote background screening offers candidates the option to supply their identity documents via photo capture on the weekend or weeknights, instead of during business hours. This type of convenience can be an extremely appealing factor for working mothers and women who provide other types of care during business hours. In fact, it may be the difference between retaining them in the hiring process or losing them to competitors.
Facilitating flexible hiring processes that recognise candidates may be time-poor and have other obligations demonstrates that a company values flexibility and inclusivity from the outset. In the current climate of high talent demand, it is a distinguishing feature that can mean securing the best talent and signifying your company’s values in all aspects of business.
Sterling RISQ offers a variety of digital and remote background screening solutions to facilitate a flexible and efficient hiring process. Learn more about our range of services and solutions by contacting us here or drop us an email at info@sterlingrisq.com
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As we enter the final quarter of the calendar year, many of us are looking forward to a well-deserved break and time spent with family and friends over the festive period. But one facet of the holidays that many people may not realise is that it also happens to be a boom time for gig work.
More people are out and about – requiring transport services through ride-hailing apps. More people are having guests over – but want to avoid the hassle of cooking or shopping so they order food and groceries using delivery apps. And people are ordering gifts online for friends and family – requiring picking, packing, and delivery around the world.
Taskmo reported that demand for Indian gig workers across the e-commerce sector increased by 11% month-on-month in June, with companies such as Epay, Amazon and Flipkart advertising the highest number of job opportunities.
The upcoming end of year holidays, combined with “sales” days such as Great Indian Festival Sales and Prime Day Sales, has driven the increase in e-commerce gig work. Gig workers are therefore in high demand and are able to take advantage of the plentiful opportunities for work and income before the end of the year.
What should companies consider when hiring gig workers?
Companies hiring gig workers need to be cognisant of the fact that gig workers typically have higher turnover rates than that of employees. The demographic of people working in gig employment are usually those that see it as a temporary stopgap while they seek more permanent employment. It is therefore imperative that gig workers are onboarded quickly and are able to get to work as soon as possible.
One aspect of the onboarding process that can be completed speedily and conveniently is background checks.
Background checks are important to conduct for gig workers as there is an element of trust and autonomy given to gig workers that enable them to cause significant detrimental effect for the hiring company if left unverified.
For instance, gig workers are often in enclosed spaces with customers or visit customers at home – requiring a certain level of trust on the part of the hiring company and the customer – and gig workers generally operate independently throughout the duration of their work, therefore receiving less oversight than typical employees.
Background checks that companies typically conduct for gig workers are: criminal history checks, driver licence checks, employment verification, and right to work checks. These checks act as an additional verification of the background and trustworthiness of the gig worker.
Sterling RISQ offers convenient digital solutions for gig workers to complete their background checks online and speed up the onboarding process. Our solutions remove the need for manual screening processes and ensure that workers are thoroughly checked and verified in the most efficient manner possible.
If you’d like to learn more about the services that Sterling RISQ offers to companies hiring gig workers, contact us here or drop us an email at info@sterlingrisq.com
https://www.sterlingrisq.com/wp-content/uploads/2022/09/Hiring-for-the-holidays-the-rise-of-gig-work.jpg461832Timhttps://www.sterlingrisq.com/wp-content/uploads/2019/04/sterling-risq-logo-1.pngTim2022-09-16 09:49:552022-09-16 09:49:55Hiring for the holidays – the rise of gig work