It’s difficult to put a dollar figure on the value of background checks. But that got a lot easier recently for the Roman Catholic Archdiocese of New York. The value for them turned out to be $1 million – that’s how much a woman embezzled over a seven-year period while working as a volunteer bookkeeper at the famous St. Patrick’s Cathedral in Manhattan.
The bookkeeper was hired in 2003 before background checks were a routine part of the hiring process. If the diocese had run a background check on her, it would have discovered she had been convicted of grand larceny in one case and had pleaded guilty to a misdemeanor in another, according to an article in The New York Times.
This story should serve as a reminder to all those who still believe pre-employment screening is not worth the time and money it takes to conduct them. Criminal records and credit checks are a must for anyone who will be entrusted with the finances of your business. In particular all those who handle money, or care for others, should be thoroughly vetted.