Magazine Article | February 14, 2012

Background Screening: Value Beyond Theft Prevention

Source: Innovative Retail Technologies

March 2012 Integrated Solutions For Retailers

By Matt Pillar, Editor In Chief

The benefits of picking the right people ripple far past the protection of assets.

A lack of diligence in your background screening process could have consequences, and the risk of theft is just the beginning. Joe Langford, president at Edge Information Management, explains.

Retailers are implementing some iteration of employee background screening. Why is employee theft the number one source of retail shrink?

Langford: This question suggests the sole purpose of background screening is to reduce employee theft. I will offer that many retailers realize it is important to incorporate various background screening tools to provide a safe and secure place to work and shop. Additionally, they recognize that quality background checks provide important due diligence toward the goal of eliminating potential workplace violence situations.