Leading provider of global employment background checking, drug testing, education confirmation, and tax form solutions HireRight has recently announced their latest data and conclusions from their annual Vertical Industries Spotlight Report.
This Spotlight report, aimed at human resources teams tasked with improving hiring efforts, compares the practices of organizations in five key industries: Finance, Manufacturing, Technology, Retail and Education. The report takes special notice of the individual characteristics of each industry, and what employers can glean from studying their competitors as well as companies in other industries.
The report shows that across all industries finding qualified candidates is the most significant talent acquisition and management challenge. Respondents appeared to express a growing desire to implement a positive candidate experience, as a higher percentage of respondents cited it as a challenge compared to last year. In addition:
When it came to practices around background screening specifically, the report found significant differences between verticals, demonstrating areas of strength and areas for improvement for each:
“The Vertical Spotlight report is a great resource for hiring managers in every industry to review and evaluate their current hiring and vetting processes,” said Catherine Aldrich, Vice President of Operations with HireRight. “Each industry has its own considerations when bringing on new employees, shaped by their unique risk profile. While it is important to be aware of the trends and issues affecting your own industry, understanding how other industries approach the process can help HR managers approach their strategies in a new way. The findings emphasized the importance of a comprehensive background screening program, no matter the industry you’re hiring in.”
Each industry found that background screening uncovered issues that may have otherwise gone unnoticed. Each industry reported that criminal convictions were the most common discrepancy uncovered, but other issues varied:
The report also revealed findings regarding vetting practices around drug and alcohol testing, global screenings, E-Verify and I-9:
The completed and detailed findings of the report can be found here.
Edited by K. Fanning
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