HireRight today announced the availability of its 2013 HireRight Employment Screening Benchmarking Report. The annual report of hiring and screening practices surveyed more than 1,600 hiring and talent management professionals in companies of all sizes and in a wide range of industries.
“Our sixth annual HireRight Employment Screening Benchmarking Report marks the release of the industry’s premier study of employment screening practices, issues and emerging trends.” said Rachel Trindade, vice president of marketing, HireRight. “The report is designed to capture critical screening program data to help employers evaluate the strengths and weaknesses of their own screening practices so they can improve their screening processes and their overall quality of hire.”
Despite the current unemployment rate, many employers remain challenged to find quality talent to fill open positions, which in turn is driving resources towards enticing applicants to the organisation through better hiring experiences. While 69 percent of survey participants expect an increase in workforce in 2013, 52 percent of respondents indicated that finding, retaining and developing quality talent is their number one business challenge. The need to compete for quality talent has led companies to employ metrics to evaluate the success of their hiring programs and to take steps to improve the hiring experience for their applicants. A full 71 percent of companies surveyed took definitive steps to improve their applicants’ hiring experience in 2012 and another 9 percent plan to do so in 2013.
While the HireRight Benchmarking Report reconfirms the ubiquitous value of screening – nearly all companies surveyed do some kind of screening – there remain glaring areas of insufficient oversight. Notably, while most organisations (64 percent of those surveyed) use contingent workers, 32 percent of them do not screen these individuals who could have potential access to corporate information and personnel. This is also true for screening of the global workforce. Not all companies (only 69 percent of those surveyed) verify candidates’ global work experience or education qualifications and 38 percent of those who do, may ask job candidates for documentation such as pay slips or transcripts.
The report is available at www.hireright.com/benchmarking.