The Federal Trade Commission (FTC) has leveled its first fine ever at an employment screening company for violating the FCRA. The $2.6 million fine is to settle charges, including that the consumer reporting agency violated the Fair Credit Reporting Act (FCRA) by failing to use reasonable procedures to assure the maximum possible accuracy of the information it provided.
To view the complaint, stipulated final judgment and order as well as the news release, click here.
To view the New York Times editorial, click here.
There is a clear right way and a wrong way to conduct background screening. For more than 35 years, CARCO’s background screening service has focused on a single mantra – “keep our clients out of harm’s way”. We have and will continue to be unwavering in this commitment in order to protect our clients from potentially debilitating liability.
The highest quality background reports are comprised of the “critical triad”:
ACCURACY – COMPLIANCE – TIME SERVICE
Accuracy – CARCO’s background screening reports have always included a re-verification process. When we discover adverse findings in our investigations, we automatically re-investigate our original findings. In the unlikely event that information varies from originally reported, we communicate those changes to you as well as the subject of the investigation. CARCO will never report potentially stale database information; such information is used only as a valuable pointer to verify and perfect that information with the source to ensure accuracy. Reporting inaccurate information is a recipe for disaster as the background screening company noted above, unfortunately, learned the hard way!
Compliance – We report back to you only that information which you are legally entitled to see, based on myriad federal (FCRA, EEOC Guidelines, et al), state, international and other laws and statutes. Additionally, CARCO ensures that the information we do report, is accurate and up to date at the time of dissemination to you, as required by law. We protect you and the applicant having built and implemented strict, technology-centric pro-active disclosure and notification processes and procedures that allow applicants to view, contest and correct inaccurate information quickly and efficiently. Manual processes and systematic solutions that are not carefully built and pro-actively managed are doomed to fail and create tremendous liability exposure.
Time Service – We clearly understand the need to on board the best applicant efficiently. We effectively manage this process through our systems and procedures which are fine-tuned continuously as situations change. As such, our time service metrics meet and exceed our clients’ expectations without compromising quality and accuracy.
CARCO is NAPBS Accredited.
CARCO is both EU and Swiss Safe Harbor Certified.
We invite you to learn more about CARCO’s services, expertise, knowledge of the law, technology, and commitment. Please visit www.carcogroup.com or contact us at 866-557-5984.