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I have only worked for major international corporations, and they barely check references at all -- at least the kind the employee provides. They employ professionals to run background checks and they do call the HR department of previous employers to confirm that the employment dates, role, and salary information you provided match up. But official representatives of big companies are very wary of providing more than that. And the hiring company knows that the professional references the prospective employee provides are pre-vetted to stress only the most positive attributes of the prospect. So asking for more than a couple of these references does strike me as a waste of time. But, again, I don't have first-hand experience with how smaller family-owned companies research their potential employees.
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