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Why is the employment screening market booming?
Employment Screening is always a popular topic of conversation, but with the ongoing risks involved in recruitment, utilising employment screening services to get the right people into the right roles has never been more crucial.
People are central to every successful organisation. Therefore, talent acquisition and retention are two of the key issues currently faced by organisations across the globe. Attracting the right people, recruiting them, and then ensuring they stay is one of the top priorities for organisations and many are using employment screening to help them do just that.
Despite the news reporting that recruitment has flatlined since the pandemic boom, the number of job vacancies has increased since 2021, meaning the need for employment screening has increased.
The new report for the Global Employment Screening Services Market gives a clear picture of the current market scenario. It projects the market size in terms of value, technological advancement, macro economical and governing factors in the market and has reported that the global screening market is set to reach new highs by 2026. The projections expect the market to reach an eye-watering $5.57 billion, which will be a growth of 5.51%!
There are several factors that are contributing to continued growth in the employment screening market; some of them being that the growing younger population are now entering the workplace and looking for employment. In addition, there is an increase in start-up businesses who are looking for potential employees.
Without employment screening, your business can also be susceptible to the risks of employment fraud, employer negligence, workplace safety and so much more. This is also why the employment screening market is booming!
Businesses are always looking for the most effective ways to reduce business risk, and employment screening is one of the best ways to achieve this. It helps you manage the risks involved in recruitment, allowing you to employ the right people, for the right roles, faster.
So let us help you! We offer a range of employment screening packages that can be customised to suit your unique requirements:
• reducing risk
• resourcing well
• retaining talent.
Neglecting background screening shouldn’t be an option. Contact our team today to discuss our packages further. We would love to talk to you! 01443 440080 / info@cbsscreening.co.uk
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