Bengaluru, 12 July, 2024: First Advantage Corporation, a leading provider of employment background screening, identity, and verification solutions, announces the publication of its Q1 2024 India Employment Screening Trends Report. The 33-page document is a compilation of anonymized data and analytics from the Company’s background screenings performed for its customers in the Indian market during the first quarter of 2024.
In Q1-24, Industries such as FMCG, Healthcare & Pharma, Services and Telecom sectors had discrepancies percentages that were much higher than the overall average of 9.59 percent.
In the first quarter of 2024, there was a noticeable rise in discrepancies in the employment sectors of BFSI, Engineering & Infrastructure, Healthcare & Pharma, Retail, and Services compared to the previous quarter. Similarly, education discrepancies were higher in the BFSI, FMCG, E-commerce & Logistics, and Services industries. Employment verifications saw a shift, with sectors like IT, Consulting, FMCG, Engineering & Infrastructure, and Manufacturing increasingly favoring alternate modes of verification. This trend highlights evolving industry practices and the growing emphasis on thorough background checks.