The FMCG sector shows discrepancy trends in the first quarter of '24.
Bengaluru, July 11, 2024: First Advantage Corporation (NASDAQ: FA), a leading provider of identity, identity and employment background verification solutions, announces the release of its Q1 India Employment Recruitment Trends Report. 2024. The 33-page document is a compilation of anonymous data and analysis from background investigations that the Company conducted for its clients in the Indian market during the first quarter of 2024.
In the first quarter of 24, industries such as consumer goods, healthcare and pharmaceutical, services and telecommunications sectors had
percentages of discrepancies much higher than the general average of 9.59 percent.
In the first quarter of 2024, there was a notable increase in discrepancies in the BFSI, Engineering and Infrastructure, Healthcare and Pharma, Retail and Services job sectors compared to the previous quarter. Similarly, educational discrepancies were highest in BFSI, FMCG, e-commerce, and logistics and services industries. Employment verifications have seen a shift, with sectors such as IT, consulting, consumer goods, engineering and infrastructure, and manufacturing increasingly favoring alternative modes of verification. This trend highlights evolving industry practices and the growing emphasis on comprehensive background checks.
For a free copy of “First Advantage Employment Recruitment Trends Report: India” and for other queries, please contact:
DeepashriSunder
+918861013031
[email protected]
About the first advantage:
First Advantage (NASDAQ: FA) is a leading provider of employment background screening, identity and verification solutions. The company offers innovative insights and services that help clients manage risk and hire top talent. Using its patented technology, First Advantage helps companies protect their brands and provide safer environments for their customers and their most important resources: employees, contractors, contingent workers, tenants and drivers. Headquartered in Atlanta, Georgia, First Advantage conducts assessments in more than 200 countries and territories on behalf of its more than 30,000 clients. For more information about First Advantage, please visit the Company's website at https://fadv.com/.
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Bengaluru, July 11, 2024: First Advantage Corporation (NASDAQ: FA), a leading provider of identity, identity and employment background verification solutions, announces the release of its Q1 India Employment Recruitment Trends Report. 2024. The 33-page document is a compilation of anonymous data and analysis from background investigations that the Company conducted for its clients in the Indian market during the first quarter of 2024.
In the first quarter of 24, industries such as consumer goods, healthcare and pharmaceutical, services and telecommunications sectors had
percentages of discrepancies much higher than the general average of 9.59 percent.
In the first quarter of 2024, there was a notable increase in discrepancies in the BFSI, Engineering and Infrastructure, Healthcare and Pharma, Retail and Services job sectors compared to the previous quarter. Similarly, educational discrepancies were highest in BFSI, FMCG, e-commerce, and logistics and services industries. Employment verifications have seen a shift, with sectors such as IT, consulting, consumer goods, engineering and infrastructure, and manufacturing increasingly favoring alternative modes of verification. This trend highlights evolving industry practices and the growing emphasis on comprehensive background checks.
For a free copy of “First Advantage Employment Recruitment Trends Report: India” and for other queries, please contact:
DeepashriSunder
+918861013031
[email protected]
About the first advantage:
First Advantage (NASDAQ: FA) is a leading provider of employment background screening, identity and verification solutions. The company offers innovative insights and services that help clients manage risk and hire top talent. Using its patented technology, First Advantage helps companies protect their brands and provide safer environments for their customers and their most important resources: employees, contractors, contingent workers, tenants and drivers. Headquartered in Atlanta, Georgia, First Advantage conducts assessments in more than 200 countries and territories on behalf of its more than 30,000 clients. For more information about First Advantage, please visit the Company's website at https://fadv.com/.
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