May 2021 Summaries

Checkr, Inc., a leading technology company in the background check industry, has added Ingrid Lestiyo to its board of directors, bringing 20 years of operating experience from top software companies including Unity and Rubicon Project. Lestiyo will help Checkr expand its strategic reach while advancing its mission of fair chance employment safely, securely, and inclusively. With a strong background in leadership and product management, she is poised to contribute her expertise and voice to the board, helping Checkr grow and scale its operations.

Employee onboarding is a crucial aspect of boosting an employer brand, as it directly impacts the return on investment (ROI) from recruiting budgets. Hiring can be a significant challenge for companies, with an average cost of $4,129 per open position and 42 days to acquire new talent. Effective onboarding can improve new hire retention by 82% and productivity by over 70%. To optimize the new employee experience, it's essential to strike a balance between logistics, delights, connections, ways to win, and check-ins. Experts recommend planning ahead, communicating early, introducing teams in advance, setting a great first impression, and defining company-wide onboarding goals to ensure consistency. By implementing these strategies, companies can create a positive and engaging onboarding experience that sets the tone for future success.

Checkr Assess has been selected by Fast Company for its World Changing Ideas Award in the AI and Data Category, recognizing its innovative approach to background checks that aims to reduce human bias and give applicants a fair chance. The product streamlines the background check process using thoughtful automation and flexible adjudication rules, allowing employers to identify irrelevant records and annotate them accordingly. By using machine learning to predict changes in the employment funnel, Assess reduces the time employers spend reviewing irrelevant records and minimizes the impact of personal biases on hiring decisions. This technology has already helped unlock 1.5 million people who would have otherwise been excluded from the hiring process, aligning with Checkr's mission to build a fairer future. The award is a testament to Checkr's commitment to creating a more inclusive and efficient hiring process.