Senior & Executive Job Candidates Hit Worst by Job Credit Checks

In light of recent reports showing a rising trend in employers' use of credit background checks for job candidates, there may be an increasing concern among senior and executive job candidates that they will be

hardest hit.

According to a recent survey by the Society for Human Resource Management (SHRM), the number of employers conducting credit checks on prospective employees has now risen to 47% from the 42% conducting checks in 2006.

To make matters worse, if an applicant has long-term credit history problems, these problems will be around to haunt them for years to come. SHRM's Mike Aitken states, "Companies typically look back over a period of years for patterns in applicants' behavior. It's a longer-term snapshot to see if that's indicative of fiscal responsibility."

While most employers conduct background credit checks for work involving financial responsibility (for example, budgeting, accounting, or positions handling sensitive credit-card information), almost half of the survey's respondents are checking candidates applying for senior and executive postings.

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