Popular Videos

    Archive for October, 2019

    Understanding the Main Types of Background Check Services

    Written by Business Training Video. Posted in Uncategorized

    Hiring is an essential process for any company. But when the right procedure is not followed, the entire process can be quite chaotic. For employers to get the right people for every hire, a background check service is essential. This process prioritizes the safety of both current employees and customers. Let’s discuss background screening check services in a bit more detail.

    What is A Background Check Service?

    A background check service is a process a company or an individual uses to help verify whether a potential hire is who they say they are and whether they should be considered for a position at a given company. It allows employers to compile and look at criminal records, employment history, financial records, and commercial records of businesses or potential employees. The information obtained from these checks helps to confirm if hiring or investing with a particular company or individual is the right thing to do. The type of background check services that a company or an individual can request depends on several factors, including the job description, the policy of the company or individual, and more.

    Different Types of Background Screening Checks

    Background screening services consist of different checks and potential employees or investment companies can undergo all or some of these checks. Here are a few types of background screening services you can expect.

    1. Employment background checks

    Employers will typically run a background check on their potential hires. This helps in preventing them from hiring individuals who might become a threat or a liability to the workplace. At least 72% of employers in the U.S. run employment screening services for every individual they hire.

    An employment screening service typically happens during the hiring process. However, employers may run these checks at virtually any time. For employment screening services to run your background check, all they need is your full name, Social Security Number, date of birth, and past or current address. According to the law, an individual’s consent is also essential.

    2. E-verify Checks

    This is a background check that employers use to verify the employment and identity of new hires in a company. The e-verify employment eligibility verification compares the information new employees offer on their I-9 form. This form confirms that the new employee has authorization to work in the country.

    3. International Background Checks

    For employees who have worked, lived, or studied in different countries, employers may use international background screening check to ascertain their identity. This type of background check gives employers access to international education records, criminal records, and employment verification. However, the information they access depends on the employer. So, they have the option to pay for one or all three checks.

    4. Professional License Background Checks

    A professional background check verifies whether an investment company or applicant possess a valid and legal license. This information is essential, as it keeps employers or companies from negligence claims. Specific sectors depend on the use of professional licenses. By performing professional background checks, you ensure that the employees working in that sector — especially the medical industry — have credentials, experience, and knowledge.

    For this type of check, companies have to contact the state or applicable industry licensing board. This allows employers to establish if the license companies or individuals have is valid, legal, and has no violations or restrictions.

    5. Credit Background Checks

    Credit background checks are records of an individual’s credit-to-debt-ratio. The information obtained from this background check shows investors or banks how you manage bills and credit payments. Banks often require this information when you’re applying for a mortgage, car loans, credit cards, or other types of loans.

    In addition, some landlords require credit background checks from tenants before they can move in. This information becomes proof that you can pay rent on time.

    Despite looking like an invasion of privacy, background screening check are important. What’s more, they can significantly help you grow your business, as long as you employ the right people. However, remember that you cannot judge anyone entirely by their past, you can get employees who care about the business more than they did before.

    Am I Eligible to Receive Employer Health Insurance Coverage?

    Written by Business Training Video. Posted in Uncategorized

    Health insurance coverage is a hot-button issue for countless Americans. Given the rising costs of both premiums and medications, it’s no wonder that you’re worried about how you can afford to receive essential care. Despite the fact that coverage is more widely available, there are still many individuals who choose not to purchase these policies — often due to their perceived costs or the lack of options. In fact, 8.8% of the population, or 28.5 million people, had no health insurance coverage at any point during 2017.

    However, the ability to obtain employer health insurance has made it possible for millions of Americans to afford medical care. If your job offers policy options through their own insurance company, they may bear some of the cost burdens and even allow you to access a higher tier policy than you might otherwise be able to afford on your own. But how do you know whether you’re eligible for this employer’s health insurance? And will your employer automatically offer this coverage? Here’s what you need to know.

    Requirements for Businesses

    There are tons of employer resources out there that will explain the regulations for insurance coverage pertaining to organizations. Since the Affordable Care Act (also known as the ACA or Obamacare) is still in place, companies must adhere to the rules outlined in this legislation as they pertain to employer-sponsored coverage.

    In the majority of U.S. states, small businesses that have fewer than 50 full-time or full-time equivalent (FTE) employees do not legally have to offer health insurance. That said, many small businesses still do offer health insurance coverage to their employees, even if they are not required by law. Small businesses that opt to offer this coverage must extend this option to all full-time employees. This means that any employee who works 30 hours or more per week would be offered this option, while the business does not have to extend this option to part-time workers (who work less than 20 or 30 hours per week). However, should the business offer health insurance coverage to one part-time employee, then the business must offer this coverage to all part-time employees. Businesses with 50 or more full-time employees must offer employer health insurance coverage to all workers.

    Eligibility for Employees

    Now that you understand a little bit more about the rules pertaining to employer health insurance and how businesses will split the cost of premiums from insurance companies with their workers, you’ll probably want to know whether you’re eligible to receive this coverage. After all, these policies can make a huge difference for many Americans. Not every worker will be immediately eligible (or eligible at all) for employer-sponsored health insurance, though. The criteria that are usually taken into account when determining eligibility include:

    • Hours Worked: As outlined above, the number of hours you work for your employer each week will determine your insurance eligibility. Regardless of what your employee handbook says, eligible employees can work anywhere from 20 to 40 hours per week, depending on the state’s regulations. If you meet the threshold for minimum hours worked, you will be allowed to participate in group insurance coverage.
    • Waiting Periods: New hires may not immediately be deemed eligible for health insurance coverage. By law, your employer can restrict your access to group health insurance for a specific length of time; this period, however, applies to all new workers and must be determined at the time the group plan is purchased. Waiting periods may range from 30 to 180 days, depending on your employer.
    • Worker Status and Classification: In order to receive employer health insurance, a worker must be an active member of the organization. You won’t necessarily be eligible for coverage if you’re a silent partner; you need to regularly contribute to the business to qualify. In most cases, the coverage for former employees will be discontinued as soon as they depart the company. Some businesses will extend health insurance to independent contractors, provided they work the same number of hours as W2 workers. However, many businesses will use independent contractors so that they do not have to pay for health insurance benefits.

    Ready to learn more about the insurance that works best for you? Contact us today for assistance.