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Background Screening's Role in Mergers & Acquisitions

By: Vanessa Mitchell Tuesday, 5 March 2019

 

Choice Screening - Mergers and Acquistions

Whether your company is overtaking another, or merging, there are many important things to consider and accomplish. Often times, human capital is mismanaged and mistakenly overlooked. There are two key areas to focus on regarding your personnel during a merger or acquisition:


Form I-9 & E-Verify Audit

An E-Verify and Form I-9 Audit are imperative during a merger or acquisition. It your responsibility to ensure the new employees have proper Form I-9 documentation as well as confirm current employee’s Form I-9 are compliant. A bulk of ICE Audit fines are the due to errors and practices the company thought were OK, but actually were not. Did you know you can be fined during an ICE Audit on old forms? Download the Choice Screening Form I-9 Internal Self Audit to aid you during your audit.

Choice Screening’s Form I-9 Comply™ is our secure online Form I-9 management tool to easily help you verify employment eligibility. With a 185 point error checking algorithm and a 20 tier validation audit, you will improve compliance all while streamlining your process. Form I-9 Comply™ is simple to use, easy to train, and hard to make a mistake. What are you waiting for?

 

Screen & Rescreen Employees

Merger employees may have already been screened by their old company; however, do you know what services were performed? How long ago were they screened? Was the background check compliant? Have they been screened since their hire? Take the guess work out, and have these employees screened prior to the merger to ensure the safety and security of the new company. Our Sales Advisors can help you select the appropriate and cost-effective products to make sure you are receiving a comprehensive background check.

What have your employees been up to lately? A merger is a great opportunity to gain insight from the original background check. Verify newly earned credentials, ensure a safe working environment, and more with Choice ReScreen.

 

Why Are These Steps Essential?

Whether the employee is new or a veteran, their behavior can affect the company image, financials, and even other employees. The Drug & Alcohol Testing Industry Association found that a bad employee costs at least 30% of an employee’s first year earnings, and investing an additional 10% into thorough background screening led to a 22% decrease in Employee Turnover and a 34% savings in training costs. Being safe is far better (and cheaper) than being sorry.

Find out how we can help during your merger.

Topics: Form I-9 & E-Verify, Current Employee ReScreen, Merger, Pre-employment Screening, Hiring, Best Practices, Background Check, Employment Background Screening, Background Screening, Choice Screening

Vanessa Mitchell

Vanessa Mitchell

Passionate blogger dedicated to making your life easier when it comes to background screening.