Several small business owners/managers are leaning toward second chance hiring as a method to help ease their company's labor challenges.
To help with your decision, we've created a list of pros and cons for your consideration.
What is Second Chance Employment?
Second-chance employment is the practice of hiring individuals with a criminal record. The talent among individuals who qualify as second chance employees is largely overlooked, but those companies who take the risk often find that they've made a good workforce decision.
Pros
In a study conducted by Getting Talent Back to Work, second chance hires performed higher or better than regular hires in job performance, potential for promotion, dependability, and job retention.
Companies enjoy the benefit of having such a massive talent pool to work with. Others appreciate that second chance hiring provides more opportunities for diversity and inclusion within the workforce.
For those concerned with the financial aspect, there are tax incentives that come with second chance hiring under the Work Opportunity Tax Credit (WOTC).
Cons
Possible relapse: It can be a gamble to hire individuals on parole or probation because there remains the chance that they may relapse.
Worker satisfaction/morale: Current employees may begin to feel unsafe and develop a sense of resentment toward the company. This may cause resignation throughout the company which may leave your workforce weaker than before.
Resources and How to Get Started
Work with an HR provider to help determine what type of impact second chance hiring could have on your company. Would the change have too much of a negative effect on the company? Review your handbook/policies to clearly outline which type of second chance employees you'd like to hire and those you would not hire.
To assist with remaining unbiased as you're screening applicants, require a skills assessment as part of the recruiting process to ensure that any individual whom you give a closer look actually has the skills that you're looking for, regardless of one's past.
Be transparent with your current employees before you begin the work to bring in second chance employees. This provides an opportunity for you and your team to share concerns and ask questions back and forth.
Would you start a second chance program at your company?
Yes
No
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