Mitigate the Risk: Best Practices for Employee, Client and Third Party Due Diligence in the Financial Services Industry

Sterling Talent Solutions

Hiring the right talent, maintaining accountability for those you hire and managing through the complex regulatory landscape has never been more important – and more challenging for financial institutions. The Financial Services Sector is Highly Regulated.

Best Practices for Employee Due Diligence in the Financial Services Industry

Sterling Talent Solutions

Vetting new hires is important for any position, especially within the financial services industry. The Undercover Recruiter broke down the cost of a bad hire (earning $62,000 a year and terminated after 2.5 years), in a recent infographic, The Outrageous Costs of a Bad Hire.

Is a LinkedIn search subject to the Fair Credit Reporting Act

Ohio Employer's Law

I’ve written a lot in the past few years about the pros and cons of companies using social media to conduct background checks on applicants and employees (e.g., LinkedIn Corporation [pdf] , and concluded that LinkedIn’s Reference Search function does not render it subject to the FCRA.