The hiring game is not for the faint of heart! Especially now that the number of job openings is higher than the number of people out there looking for work. “Full Employment,” which once seemed as unattainable as a unicorn, is now close to reality in many parts of the country. According to the Bureau of Labor Statistics, not only do those who want a job now have a job, but the rate of wage growth has also doubled. It’s an applicant’s market out there.
Not too long ago, hiring managers could be picky. Sure, there were jobs to fill, but there were plenty of applicants lining up for them. Now, some employers say, not only can they not find the best candidates, they sometimes can’t find any. This could lead to acts of desperation - get warm bodies through the door any way you can. Maybe you relax your standards or rush your due diligence because you need these positions filled ASAP.
Employers might be tempted to cut corners on background checks in an effort to speed things up. Unfortunately, skimping on your screening won’t save much time and it’s a terribly imprudent move.