Employment industry has evolved over the past few years. Workplaces are becoming more competitive due to the increased globalization and due to growing mobility of the workplace due to which there is increasing demand for employment screening services. Employment screening services are the services used by the employers for candidates who applied for jobs and for the purpose of Security Company and are allowed to work with an organization. Screening services includes verification of the information presented by candidates, personal history, checking and covering of the aspects such as financial and criminal. Background checking and drug test is one of the important way by which applicant can demonstrate that they are ready to work in an organization. As amount of drug use and theft occurring it is important to conduct background screening and drug testing before hiring and during the employment cycle. Employment screening services are used by employer to find more credible, qualified and talented people to help in avoiding the workplace theft or violence.
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One of the major driving factor fueling the growth of employment screening services is rising demand from developing companies for verification of applicant, increased safety & security, by conducting drug testing and state and national criminal credits employers can better identity and investigate any red flag in the candidate’s history as a result companies are secure from any theft and violence. In addition to this there are several other factors fueling the growth of employment screening services are improved quality of hire, Improved Regulatory Compliance, Decrease in Negligent Hiring Risks, Decrease in Employee Turnover, Reduced Drug/Alcohol Abuse, higher productivity, increased quality, better worker and lowered liability. However, the factor hindering the growth of employment screening services is outsourcing of employment screening services or education verification to call centers and getting verified, expensive, timing issues and unfair bias. Increasing new entrants and new technologies, improvement in the labor market and decline in the rental vacancy rates is expected to boost the market over the forecasted period.
Employment screening services market is segmented on the basis of services which includes background screening, verification, medical testing and electronic auditing & verification and others. Similarly, the market is further segmented on the basis of application such as military & defense, government agencies, oil & gas, financial services, information technology and others.
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The market is segmented into major regions that include North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA) and South America (SAM). The major countries included are considered in the scope of the study such as U.S, Canada, Mexico, France, Germany, Italy, Spain, UK, China, Japan, India, Australia, South Arabia, UAE, South Africa and Brazil. Some of the key players which dominate employment screening services market are Pinkerton Corporate Risk Management, HireRight, LLC, A-Check America, Inc., Verity Screening Solutions LLC, Capita plc, Triton, DataFlow Group, AuthBridge, Insperity and GoodHire.
The “Global Employment Screening Services Market Analysis to 2025” is a specialized and in-depth study of the Employment Screening Services industry with a focus on the global market trend. The report aims to provide an overview of global Employment Screening Services market with detailed market services, application and geography. The global Employment Screening Services Employment Screening Services market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
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