In another example of rebranding in HR services, employment screening firm HireRight has a new logo and its parent company has a new name.
HireRight said Monday, August 10, that it has a new logo of three vertical panes, designed to illustrate a “focus on bringing customers to a clear decision point.” The logo is the same as HireRight’s parent company. The parent firm, Altegrity, changed its name from US Investigations Services last month.
HireRight’s new look and feel comes on the heels of a new identity for staffing firm Spherion’s recruitment outsourcing business. That unit was renamed SourceRight Solutions in early August, in a bid to capture the way customers are seeking help with a broad range of talent acquisition needs, including the management of contract workers and staffing providers.
HireRight provides employment background and drug screening services, and its customers include more than 25 percent of the Fortune 500. HireRight is among the largest employment-related screening firms. Competitors in the market include First Advantage, ADP and LexisNexis.
The recession at hand is squeezing the business of employment screening services. There were 4.1 million hires in the U.S. in April, down from 5 million in April 2008, according to the U.S. Department of Labor.
Altegrity acquired HireRight last year. Altegrity also owns USIS, which provides background investigations to the federal government, and Explore, which provides underwriting information to property and casualty insurers.
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