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FMCG, Retail and Manufacturing Sector Shows Major Discrepancy Trends in Q2-22
MUMBAI, India and BENGALURU, India, Oct. 11, 2022 /PRNewswire/ — First Advantage Corporation (NASDAQ: FA), a number one world supplier of HR know-how options for screening, verifications, security, and compliance, introduced the publication of its India Employment Screening Trends Report. The 37-page doc is a compilation of anonymized information and analytics from the Company’s background screenings carried out for its prospects within the India market in Q1-22.
In Q2-22, Industries akin to FMCG, Retail, BPO, E-commerce, and logistics confirmed considerably better discrepancy percentages than the general common of 11.3 %.
Other notable findings embody:
- FMCG, Retail, Manufacturing Industries skilled better variations in discrepancy share.
- Out of each 100 schooling checks verified within the Retail sector, 20 had been discrepant in Q2-22.
- For Employment Verifications, IT, FMCG, Retail, Engineering, and Infrastructure sectors have proven increased inclination in the direction of alternate modes of verification.
- In Q2-22 sectors like Education, IT, BFSI, and Consulting are accepting a better share of alternate modes for conducting handle verifications.
“With India making consistent progressive strides towards economic recovery, companies are pursuing a variety of expansion strategies which has created a strong demand for skilled talent in the market. Implementing a comprehensive employee screening program is a good practice and safe approach for businesses to chart an ethical future,” Amit Singh, Head of Commercial at First Advantage stated.
Further, he continued, “In the current digital and hybrid work environment, it is more important than ever that businesses understand best practices and trends for employee background checks when looking to expand or manage their workforces.”
For a complimentary copy of the ‘First Advantage Employment Screening Trends Report: India,‘ and for different queries please contact:
Deepashri Sunder
+91 7406958406
[email protected]
About First Advantage:
First Advantage (NASDAQ: FA) is a number one world supplier of HR know-how options for screening, verifications, security, and compliance. The Company delivers modern options and insights that assist prospects handle danger and rent the most effective expertise. Enabled by its proprietary know-how, First Advantage’s merchandise and options assist firms defend their manufacturers and supply safer environments for his or her prospects and their most vital sources: staff, contractors, contingent employees, tenants, and drivers. Headquartered in Atlanta, Georgia, USA, First Advantage performs screens in over 200 international locations and territories on behalf of its greater than 33,000 prospects. For extra details about First Advantage, go to the Company’s web site at https://fadv.com/.
