With 60 % of all new businesses failing to make it past the first year, everybody knows that risk taking is an integral part of running a business. Taking steps to ensure that such risks are measured takes an even greater importance when considering that if 1 an every 4 businesses fail in the first year, the figure reaches court records proportions over the course of 5 years when it becomes 3 out of 5!
But whilst every business owner is usually fully aware of the above figures few realize that other internal factors, as related to the very nature of their specific business can dramatically add to the risk factor.
For example any business operating motor vehicles of heavy equipment has an added element of risk given that such vehicles and or heavy equipment have to be operated by workers who introduce”not easily measurable” elements of human risk factors.
These human factors can reach far and beyond the confines of a business place of work. Indeed any business sending employees to customer’s homes, dealing with children or disabled people or involved in other such interactive activities between employees and customers places itself in a position of added risk, with regards to liability issues.
And so, an employee’s solitary mistake could have a potentially damaging effect on the business in financial terms which could affect its very livelihood and at best could result in a substantial increase in liability insurance premium.
What this means is that the action of one employee has significant on many different levels including customer relation and or potential litigation costs.
Whilst it is impossible for anyone to anticipate and take appropriate measures every steps of the way, just imagine the additional hassles the business would face if it turned out that the “careless” employee was in fact someone who should have been checked more thoroughly when first hired!
It is therefore of vital importance that appropriate pre-screening at the recruiting level be taken in order to ensure that if a mistake does happen, it is not from someone with a history of making such mistakes or worse, someone with court records indicating a criminal past.
We live in a society which takes the liberty and privacy of all citizens very seriously and thus the notion of court records sometimes has disturbing effects on those who are confronted with the task of recruiting a potential employee.
But we do live in a world ripe with litigation lawyers and lawsuits and the risks of damages imposed by a court to a company who has been found guilty of negligence or worse can mean the death of that company as a business.
By all means, individual liberties should be protected at all costs but when other employees stand to lose their jobs because of the actions of one careless worker with a checkered history then obtaining court records on all prospective employees is the very least a business owner should do to protect his business and the job security of the other employees.
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