The pre-employment background screening industry represents a $2 billion
domestic market, according to KPMG. The top screening firms listed here account
for nearly 91 million screenings within the past year. Most of the larger
screening firms are rapidly expanding their global services, although few have
developed an extensive physical presence overseas.
The screening industry is in a state of massive consolidation, with the larger
companies buying up scores of smaller firms and rapidly expanding market share
and geographic reach. Size is an advantage, with the larger firms better
positioned to make critical investments in technology and staffing and able to
handle increasingly complex compliance requirements. Pricing remains the key
factor in driving client purchasing decisions, according to KPMG. Costs are
falling with the proliferation of searchable databases and the continued
automation of the interaction between clients and providers.
To enlarge the view, click on the image below.
Adobe Acrobat Reader is required
Reproductions and distribution of the above article are strictly prohibited. To order reprints and/or request permission to use the article in full or partial format, please contact our Reprint Sales Manager at (732) 723-0569.
Comments
Guidelines: Comments that include profanity or personal attacks or other inappropriate comments or material will be removed
from the site. We will take steps to block users who violate any of our posting standards, terms of use or privacy policies
or any other policies governing this site. You are fully responsible for the content you post.
= Member Only
