The obvious and foremost reason to screen any potential employee is that it enables you as a company to follow the guidelines set out by the FCA.

The FCA recognise that trust, decency and people of a fit and proper nature are crucial to the success of any business in the financial industry and thus recommend that a fully comprehensive pre-employment screening policy is in place.

The current media only goes to highlight the risks that are present in the employment process due to the daily discussion of corporate collapse and financial scandals.

Although screening can not guarantee the future, it can provide a detailed insight into the past of any candidate; this then provides the employer with a greater quality of applicants and heightens confidence in the final employment decision.

Essentially, pre-employment screening minimises any potential threats to your organisation, whilst eliminating the costs that can be occurred due to the re-training and re-hiring of unsuitable candidates.

Typically a drop of 10-15% of job applicants is found on the realisation that pre-employment screening is in place, this is an indication that screening can act as a deterrent for fraudulent applicants and thus minimise the amount of time and money wasted in the recruitment process.

• Ensure the honesty and integrity of any potential employee
• Reduce theft and fraud within the workplace
• Comply with regulatory assurances and standards
• Reduce time, money and energy spent on processing an un-hirable applicant
• Ensure your directors are entitled to their directorship through disqualification checks