If you do background checks when hiring, what do you do with the information when you get it? Do you store it or destroy it? If you store it, where do you put it?
If they are hired, I keep a hard copy in the employee's file. Since we have a policy that says we background check all prospective employees, our auditors always want to see proof that we've done the background checks with they do an HR audit.
If they are not hired, I save the information for about six months and then destroy it.
Ours are all electronically stored through our vendor, so we actually keep all of it. If we were to ever leave that vendor, I'd most likely print out all current employees for the file, and set up a document descruction schedule for the others.
I receive them electronically and they are saved in the same manner. So far our auditors and examiners are happy with us being able to simply send them the results in this manner. Although they recently wanted to see the original authorization forms the applicants signed givning us permission to pull the reports. We had them - just had to dig a bit.
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If they are not hired, I save the information for about six months and then destroy it.