Time to reconsider usage of credit scores in hiring? Low credit score may mean better employee

[ck4829]

Employers who use credit scores in their hiring decisions might be weeding out some of the best applicants, a new study suggests.

Researchers found no connection between poor credit scores and the likelihood that an employee would steal or call in sick. But they did find a correlation between lower credit scores and a more agreeable personality, according to the study which was published in the Journal of Applied Psychology.

As it turns out, people with poor credit scores were no more likely to steal or display any other type of deviant work behaviors, Bernerth said. They were, however, more likely to have easy going personalities.

The bottom line, Bernerth said, is that employers are using a score that may indicate nothing — or something completely different from what they expect.

http://lifeinc.today.msnbc.msn.com/_news/2011/11/08/8704227-lower-credit-score-may-mean-a-good-hire

This isn't the first time I've heard this, so why is research and scientific theory backed information competing with the 'COMMON KNOWLEDGE' (I.E. lies and idiocy) that a high credit score does mean a better employee? Crazy, right?