GVR Report cover Employment Screening Services Market Size, Share & Trends Report

Employment Screening Services Market Size, Share & Trends Analysis Report By Service (Education & Employment Verification, Criminal Background Checks, Credit History Checks, Drug & Health Screening, And Other Services), By Application, By Region, And Segment Forecasts, 2023 To 2030

  • Report ID: GVR454702
  • Number of Pages: 0
  • Format: Electronic (PDF)

Employment screening services are professional services that organizations use to verify the credentials, background, and employment history of job applicants. These services are designed to help employers make informed hiring decisions and ensure that they are hiring qualified and trustworthy candidates. Factors such as increasing demand for background checks, expansion of remote hiring, and regulatory compliance requirements are expected to drive market growth.

Many employment screening services are now conducted entirely online, making it faster and more convenient for employers to screen job candidates. Online platforms allow for easy data collection, verification of credentials, and communication with job candidates. Artificial intelligence (AI) and machine learning algorithms are being used to analyze large amounts of data and identify patterns that could indicate potential red flags. For example, AI can analyze social media profiles, criminal records, and credit reports to identify potential risks.

Many employment screening services such as Paycom Payroll LLC. and Employment Hero currently offer mobile apps that allow employers to access screening reports and communicate with candidates from their mobile devices. Blockchain technology is being used to create secure, tamper-proof records of employment history and other credentials. This makes it easier for employers to verify the accuracy of a job candidate's resume and employment history.

Social media screening has become a popular tool for employers during the employment screening process. It involves searching a candidate's social media profiles, such as Facebook, Twitter, LinkedIn, and Instagram, to gain additional information about their background, interests, and character. As more people spend time online, their digital footprints are becoming increasingly important. Employers are using social media screening to evaluate a candidate's online behavior, including their interactions with others, their professionalism, and their overall online presence. As per the findings of a Betterteam survey, a cloud-based recruitment management software company, social media recruitment has proved to be effective as 70% of hiring managers reported successfully hiring candidates through social media.

Based on service, the market is segmented into education & employment verification, criminal background checks, credit history checks, drug & health screening, and other services. During the pre-employment background check, education verification is the process of verifying a candidate's educational achievements or degree. This check involves obtaining records of the candidate's education and degrees. Although it is a relatively straightforward type of background check, education verification can be useful in validating a candidate's qualifications for the position.

In April 2023, First Advantage Corporation, during its ‘Collaborate 2023’ user conference, introduced the latest product and technology innovations. First Advantage launched three curated product bundles driven by its next-generation Profile Advantage solution. These bundles are tailored to support industry best practices and offer a range of options for background screening, drug screening, identity verification, identity, and tax credit services among others. These solutions are integrated within the Profile Advantage platform to provide job applicants with a seamless and user-friendly experience.

Employment Screening Services Market Segmentation

  • By Service     

    • Education & Employment Verification,

    • Criminal Background Checks

    • Credit History Checks

    • Drug & Health Screening

    • Other Services

  • By Application

    • Healthcare

    • IT & Technology

    • BFSI

    • Staffing

    • Retail

    • Industrial

    • Travel & Hospitality

    • Government & Education

    • Transportation

    • Others

  • Key players

    • First Advantage Corporation

    • InterGuard

    • Capita plc.

    • HireRight, LLC.

    • Insperity

    • GoodHire

    • InfoMart, Inc.

    • Sterling

    • CareerBuilder, LLC.

    • Accurate Background

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