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Retrograde,

You wrote, I assume that positions where someone may be responsible for significant amounts of money may have a requirement for ongoing monitoring.

Why might a company want to pull a credit report on someone that isn't handling money or finances? Insider information.

My current employer pulled my CR when I accepted my current position 2+ years ago. It was a requirement as part of my background check. I'm a programmer and I don't deal with (other people's) money and I never have. Arguably I'm sometimes aware of sensitive company information though. It's plausible that at some point someone might approach me to cultivate an insider contact. My employer doesn't want me tempted by that. Seeing that I have a good credit history shows that I'm responsible with my money and have no immediate needs that would make me an easy target.

Of course this company is large enough that the niche areas I have knowledge about probably wouldn't have a material impact on the company's bottom line, so its doubtful anyone would care what I know currently with respect to my employer beyond perhaps how it might (marginally) impact reputation. But things I know or hear could potentially have material impact on partners, suppliers and customers - which would be another reason someone might want to turn me for insider information. Also my employer must assume that I might be wanting to climb the corporate ladder or change positions within the company at some point. At that point I might become a potential risk. I'm actually happy doing what I do, so I don't really want to climb that ladder - but they can't know that when I hire on.

BTW, the hardest part for me was proving my work history. I've worked for several small tech companies over the years. The last one I worked for collapsed in 2008, so there was no one for them to contact. Thankfully they only wanted proof for the past 10 years. Any longer could have proven truly difficult.

- Joel
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