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Employment Screening Services Market Exhibits Higher Growth Prospects During 2021-2031 | Sterling, Triton Inc., HireRight
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Employment screening is the process of examining a candidate to protect an organization from a fraudulent employee. It examines the candidate's behavior, verifies credentials, verifies criminal histories, examines social media, and drug screening activity, which benefits the firm by reducing workplace violence, and preventing incorrect hiring. It is widely used in the banking & financial sectors, IT, and other industries, such as government agencies, healthcare, manufacturing, and retail.
Employee screening contributes to the organization's safety and security by allowing businesses to authenticate individuals before hiring them in their organizations. Employment screening is when an employer evaluates a candidate's behavior and screens them for drugs. The major aim of employment screening is to avoid the need to interview many inappropriate candidates and improve the hiring process's overall efficacy. Moreover, employment screening services ensure that the information the individual provides is correct as per the documents provided.
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Market Drivers and Trends
Due to the increasing number of job applicants, the demand for employment screening services is due to time-efficient selection systems. The modern era has witnessed a huge population influx in the urban cities of developing and developed economies, searching for a better life. Higher job opportunities, higher living standards, and access to modern amenities & services are a few primary factors that have contributed to the migration of the rural population to urban areas worldwide. Thus, there was a rise in the disposable incomes of consumers. As urbanization will continue to grow in the coming years, the need for job creation in urban areas will also grow at full throttle. A competitive region enables industries and firms to create job opportunities, raise productivity, and increase citizens' incomes.
Further, with the increasing number of applicants applying for a job in any organization, selecting the most suitable candidate for a selective profile has become more tedious, and the traditional methods of conducting interviews for job screening are time-consuming and inefficient. Thus, also the end-use industries are increasing the demand for efficient and quicker employment screening services.
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Global Employment Screening Services Market Segmentation
By Services
Background Screening
Education & Employment Verification
Medical & Drug Testing
Others
By Organization Size
Large Enterprises
SMEs
By End-Use Industry
IT & Telecom
BFSI
Education & Government
Travel & Hospitality
Manufacturing
Retail
Healthcare
Others
By Region
North America
The U.S.
Canada
Mexico
Europe
UK
Germany
France
Spain
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
Rest of the World
Latin America
Middle East
Africa
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Key Players
Accurate Background (US)
AuthBridge Research Services Pvt. Ltd. (India)
A-Check America, Inc. (US)
DataFlow Group (UAE)
Capita PLC (UK)
First Advantage Corporation (US)
HireRight, LLC (US)
Pinkerton Consulting & Investigations, Inc. (US)
Sterling (US)
Triton Inc. (Canada)
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