Why you should pay more attention to business safety after the COVID-19 pandemic

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Small businesses are the blood of the Australian economy. However, they are experiencing great economic crime. Tips below are kindly provided by the Australian National Character Check to help you mitigate the risks.

Victoria's spike in coronavirus cases alerts people that the pandemic is far from ending. In this article, we are going to share with you how running background checks on new employees getting into the workforce after the pandemic can help small business owners avoid the pitfalls of hiring persons with an unwanted character.

Hiring after Covid-19? Be aware of economic crime.

Small businesses are the blood of the Australian economy. According to recent statistics, there are over 2 million small businesses and they are providing jobs to over 4.8 million people meanwhile.

However, corporate respondents in the PwC Global Economic Crime Survey stated the greatest organisational damage they experienced as a result of economic crime was damage to employee morale.

Increasing risk of internal fraud

Employee fraud is a deliberate act involving using deceptive methods to gain a position or take advantages from an organisation. The ‘it won’t happen to me’ attitude of business owners is not acceptable. For the majority being aware of protecting assets and employees of their own business, one of the most important steps is to perform a police check on every new employee.

Skipping the procedure of running background checks on new staff may result in failures to protect your business safety and integrity. The COVID-19 pandemic is a hard time for all kinds of businesses and you don’t want to suffer more from business integrity problems. If you wonder, background checks like a national police check provides a summary of a person’s criminal record in Australia and usually includes court convictions, charges and findings of guilt with no conviction.

Conclusion

There are many things to think about in order for a business to survive and succeed after the turbulent pandemic. By performing a criminal background check, an organisation or a company is showing due diligence and care. Make background check a standard process and pre-requirement for all employees. In doing this, employees can be your biggest assets in the fight against the potential economic depression.

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