News Alert! New pay equality law in Massachusetts impacting employers

A new bill, signed into law by Massachusetts Governor Charlie Baker on Monday, August 1st, 2016, prohibits employers from asking about a candidate's salary history before an offer that includes compensation is extended, among other provisions.  Employers with operations in Massachusetts should be sure to update their policies, procedures and forms.  This new law goes into effect on January 1, 2018.

This bill does not impact the verification of an applicant's employment or salary history, provided that a) before the verification is requested, an offer, inclusive of compensation, has been extended to the applicant; and b) the salary information to be verified is collected after the offer including compensation is presented to the applicant.

Read the official bill here:

https://malegislature.gov/Bills/189/Senate/S2119

 

Part 3 of 4: Are Instant Criminal Background Checks Compliant with the Fair Credit Reporting Act?

While the Fair Credit Reporting Act (FCRA) does not explicitly address instant search results provided by databases, recent penalties imposed by the Consumer Financial Protection Bureau (CFPB) has answered this question clearly; instant searches alone are not compliant with the FCRA.  If you use background checks to help you make business decisions, it’s important that both you and your background check provider remain in compliance with the FCRA.  If you do not comply with the FCRA, you are exposing your business to significant and avoidable litigation risk.  

Small Business Seller Financing: Do your Due Diligence

Small Business Seller Financing: Do your Due Diligence

Are you planning to sell your small business?  If so, there is a good possibility that you will be asked by the potential buyer or business broker to provide some form of seller financing in order to close the deal.  In 2014, more than 80% of business brokers surveyed by BizBuySell, a leading internet marketplace for selling businesses, said that seller financing is either important or essential to completing the sales process.   Before you decide to either provide seller financing or not, it’s important for you to understand the due diligence tools that are available to you and can provide valuable information, enabling you to make the best decision.

When Should You Order a Due Diligence Report?

When Should You Order a Due Diligence Report?

A Due Diligence report from Global Backgrounds provides our customers with peace of mind that they are making sound decisions based on all available information.  Due Diligence reports provide valuable information in many different situations.   The following are four example use cases that easily extrapolate out to hundreds of potential uses for ordering a Due Diligence report from Global, which are available worldwide on both individuals and businesses.

Part 2 of 4 on Employment Screening: Criminal Background Checks

Part 2 of 4 on Employment Screening: Criminal Background Checks

Part two of our four part series on employment screening addresses the topic of criminal background checks and how employers can optimize their employment screening procedures.

Why Running a Criminal Background Check is an All or Nothing Proposition

Why Running a Criminal Background Check is an All or Nothing Proposition

If you are looking into an individual's criminal record, it's best to take an all or nothing approach.  Either fully commit to checking each possible jurisdiction for possible criminal records, or don't check any at all and operate on faith.  (I don't recommend operating on faith)  Performing anything in between can result in misinformation, a false sense of security and regulatory non-compliance which means serious financial liability for you and your company.  

How a Civil Background Check can help you make better decisions

How a Civil Background Check can help you make better decisions

Global's Civil Background Check Package provides a different perspective on an applicant, business partner or financial advisor.  The civil background check will uncover any civil (non-criminal) records on a subject (individual or company), such as bankruptcy, liens, and civil judgments.   This is critical information to receive if you want to better understand the character and decision making of the subject.  

NYC Local Law 37 of 2015 Significantly Restricts Employers Use of Consumer Credit Profile

NYC Local Law 37 of 2015 Significantly Restricts Employers Use of Consumer Credit Profile

NYC Local Law 37 of 2015 impacts employers ability to use consumer credit information.  This article provides a guide to help companies navigate this new change which goes into effect on Sept. 3, 2015.

Part 1 of 4 on Employment Screening: The Importance of Validating Credentials

Part 1 of 4 on Employment Screening: The Importance of Validating Credentials

Hiring a new employee can be exciting. It can mean that the business is growing or it can be a relief to fill a critical vacant position.  It can also be very risky if the new employee isn't able to perform at the expected level, is intent on defrauding the company, or if the screening process is non-compliant with the applicable regulations.  To mitigate this risk, businesses need to perform comprehensive and compliant pre-employment screenings.