Should Credit Reports be in Play for Potential Employees?

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Despite an economy that some consider to be on life support, there are some employers who are actually hiring these days.

With that being said, should an individual’s credit report be fair game for employers, who are looking for the best and brightest to fill their ranks? Or, should how a person handles their personal money be off limits during the hiring search?

 

Following the Money Trail

In general, there are two schools of thought on this issue.

The first is that what a person does outside of their employment with their money is none of an employer’s business. The thought is that as long as an individual abides by the law, whether or not they have a $10,000 credit card balance is no one’s business.

On the other side of the coin, any applicant for a job, especially those applying for work where finances play a role in their daily responsibilities, should be checked out to see if they have had issues paying off credit card debts, handling a car payment, overseeing a mortgage etc.

While each company has to determine which road it wants to travel, some of them are being told in no uncertain terms by some state and even federal officials that they have limited means to check up on potential employees.

 

Do the Laws Need to be Stricter?

According to federal law, an employer needs written permission from an applicant to run a credit check. Given that replying no may send up a red flag to a possible employer, how many applicants will actually say no to this request? Also, do you not think some employers try and skirt the law and do credit checks anyhow?

Both Connecticut and Maryland recently enacted laws that in essence prohibit employers from using a job applicant’s or an employee’s credit information in deciding whether or not to hire that individual. Both laws will go into effect on Oct. 1, 2011.

The laws recently enacted in Connecticut and Maryland are different in their application but have a number of similar provisions.

While both public and private sector employers are expressly protected by the new Connecticut law, it seems that Maryland’s law will not be applicable to governmental employers. Both laws in essence exempt financial institutions, credit checks required by federal or state law for employment, and credit checks that are for a bona fide purpose that is substantially job-related.

Meantime, Hawaii, Illinois, Oregon and Washington presently limit employers’ use of credit history in employments selections. Legislation that would impose similar restrictions is pending in a number of states and also at the federal level.

With more individuals hoping to return to the workforce in 2011, giving them credit for their workplace experience should override how much they owe on a credit card or loan.

Photo credit: publicdomainpictures.net


Dave Thomas is an expert writer on payroll processing services based in San Diego, California.  He writes extensively for an online resource that provides expert advice on purchasing and outsourcing decisions for small business owners and entrepreneurs such as small business payroll services at Resource Nation.

5 People Who Can Turn Your Community into a Focused Influence Network

Filed Under Inside-Out Thinking, Interviews, Successful Blog | 4 Comments

It More Than What Naturally Occurs

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I sat at Brogan’s Roast earlier this month and the thought struck me how much we depend on each other. No one would question that our friend, Chris, enjoys the friendship of thousands of folks who would stand by him and help whenever he needs it. All you had to do was be there to feel the expanse of love in the room coming from the countless people who are in his massive network of colleagues, friends, coworkers, family and people who consider him their teacher.

Numbers like that can provide a huge pool of energy when you want to help a cause, make something happen, or move an idea across the internet. Certainly that’s true. But knowing a lot of people and even having a lot of people who know you is not the same as having a strategic network. To be strategic, we have to look how we the sort of individuals in our networks into groups. How we sort our networks into groups can support or thwart our goals. Our choices in mentally forming those groups inform our decisions about who we listen to and what we do.

Most people consciously or unconsciously group their community in an outward fashion. If you ask, they can see how the community becomes part of what they do. Who are the people in your community groups?

That sort of grouping naturally occurs in any community group.
It takes more — 5 particular types of people — to turn that community into a focused influence network.

5 People Who Can Turn Your Community into a Powerful Influence Network

Strategy looks at building something with thought and opportunity to strengthen the network and build a well-rounded group. Rather than looking who shows up in an outward fashion. Strategy builds with a plan of action. Strategy chooses five types of people who can provide infrastructure and stability that power the network with information and communication when we want our networks to help that cause, make that something happen, or move that idea across the internet.

Look at successful leaders — people you think of as influencers and people who enjoy repeat success. They’ve gone past community to developed information channels. They have skills at collecting and managing their contacts. They also include five kinds of people in their networks to keep the systems working fluidly and with balance. Can you spot these five in the successful communities you know?

It takes a focused team to manage the firehouse flow of information that comes at us from every direction. It takes that same kind of focus to deliver on a promise of service that will scale beyond the one Chris Brogan or even that brand team that might want to be everywhere doing everything in the best way we know. The people who celebrated this guy we all admire and love came in many types and play many roles in the community that is Team Brogan. We’d all be wise to find a few of those types to support us too.

If you look in your community, I bet you’ll find that you’ve got a few of them already there. How will you introduce yourself and invite them into your brand?

Be Irresistible.

–ME “Liz” Strauss
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Social Media Grill by the Stroutmeister

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Where Were You on July 24, 2005?

The Living Web

If you want to get to the intent and motives of the suspect, Aaron Strout, CMO of Powered, Inc, is the guy. CITIZEN MARTKETER 2.1′s 45 in 45 –45 Expert Interviews in the 45 days leading up to SxSW — is grilling 2 score and 5 more social media practitioners on the art of the social web.

It was my turn in the hot seat today. Click through to read what happened.

Experts in the Industry: Liz Strauss (34 of 45)

Perhaps the lights in my eyes were brighter?

–ME “Liz” Strauss
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