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Tag: credit checks

New Law Prohibits Use of Credit Checks in Employment Decisions

A new law is set to go into effect in New York State on April 18, which will prohibit employers from using credit checks when making employment decisions except in limited circumstances. The law is meant to protect employees from being discriminated against due to their financial circumstances. As a result, many workers will now have an easier time getting a new job or a promotion, due to the elimination of this hurdle.

Continue reading “New Law Prohibits Use of Credit Checks in Employment Decisions”

How Employers Can Use a Credit Check Against An Employee

Increasingly, employers have used credit checks to screen employees and make hiring and firing decisions. In fact, according to a 2018 HR.com report, as many as 16% of all employers in the United States conduct a credit check on all employees as part of the hiring process, and a third pull credit reports on at least some of their job candidates. But what is an employment credit check, and how can employers use them against their employees? Continue reading “How Employers Can Use a Credit Check Against An Employee”

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