First Advantage's Q1 (Jan-Mar’23) Trends Report

First Advantage has recently released the Background Screening Trends for the period Q1 (Jan-Mar’23), Quantifying the trends and Qualifying the nature of hiring discrepancy in India.

Key Insights

• Industries such as BFSI, E Commerce & Logistics, FMCG, Retail and Telecom showed substantially greater discrepancy percentages than the overall average of 11.5 percent.
• Discrepancy percentage in the BFSI sector increased from 10.30% in Q4-22 to 17.58% in Q1-23.
• For Employment Verifications, IT, BFSI, Consulting, FMCG, E-commerce & Logistics, Manufacturing, Healthcare & Pharma sectors have shown higher inclination towards alternate modes of verification.