You would think they would know better. They employ 168,500 people, have 1091 stores, eight distribution centers, and 10 manufacturing facilities, all in the South. But Publix Stores is paying $6.8 million to settle a class action suit because when they hired, they neglected to use a separate piece of paper. They have 11,000 stores in 40 states, but Dollar General is about to settle a $4 million-plus class action suit because they “conducted background checks on job applicants without complying with federal law,” reports classaction.com. You would think they […]
Read MoreDanger lurks in what has become America’s credit jungle. While the danger is an issue for all, it can be a huge concern for employers and landlords. Here’s why. More than a third of people with a credit file, 35 percent, are in collection, some 77 million people with an average collection debt of $5,178 reports the Urban Institute. Multiply that out and the total is $398.7 billion in debt in collection. The data at least give pause. What is important in these figures is that they show a problem […]
Read MoreIt’s called FICO 9. That’s the descendant of FICOs 1 through 8, the credit scores spawned from the Fair Isaac Corporation, the credit-scoring company. The FICO score, a number between 300 and 850 that many lenders use to judge the creditworthiness of prospective borrowers. The higher the better for borrowers since a higher score can result in a lower interest rate and possibly better loan terms. Jim Wehmann, executive vice president for scores at Fair Isaac, is quoted in a Fair Isaac news release as saying “FICO Score 9 uses […]
Read MoreIf you have taken more than three or four applications, you might have discovered that job applicants and rental applicants are sometimes less than forthcoming. Things get left off; other things get embellished; still other things are “forgotten.” According to a 2014 Hireright Employment Screening Benchmark Report, 88 percent of survey respondents said that employment screening had “exposed a job candidate who lied on a resume.” Usually the omissions and embellishments are easy enough to ferret out. The US Department of Labor offers the following statistics: 1. 53% […]
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