AuthBridge publishes its first Annual Trend Analysis Report 2013 after eight years of screening experience for over 500 clients. Trends are illustrative and indicative of how the industry and the ‘employee’ have been responding to the process and to the results of screening. Some patterns are expected and some unexpected; both, however, guide the industry to modify their policies and processes to ensure screening meets its end objective; the objective of having a safe and genuine work-force. AuthBridge’s Annual Trend Analysis Report 2013 clearly displays some expected patterns with the kind of discrepancies a check typically has and the checks which are more discrepant. Some unexpected pattern is evident in the region-wise or age-wise discrepancy. Evidently, sectors with more stringent practices around hiring and screening have shown a decline in their discrepancies. These sectors could lead the others in setting the standards so that the future sees a discrepancy percentage which is in single digits. Below are few highlights from the Annual Trend Analysis report. • Overall discrepancy has shown a consistent trend of around 18-22% across 2010-11, 2011-12 and 2012-13. Therefore, atleast 18 out of 100 candidates at any instance are discrepant cases. • The three of the ten analysed industry sectors which have had least contribution in the overall discrepancy over the three fiscals are Strategy / Management Consulting; BPO / ITES and Banking / Financial Services / Broking. Incidentally, these three are also among the first sectors which background check practices religiously. • Discrepancy on account of employment check has emerged at the top across all industries. Incorrect employment tenure has the maximum contribution towards employment discrepancy. Putting this together has been a great learning experience for the AuthBridge team and team will ascertain that future reports are even more informative and illustrative. Your feedback and insights will help us develop this report to be a key input in your hiring and screening policy finalization. AuthBridge aims to be able to publish a predictive trend report in the coming years with your collaboration. Employee Verification | Pre- employment background screening | Employee Screening | Employee background check | Background screening For more information visit www.authbridge.com

1. Highlights - Annual Trend Analysis Report 2013

2. Overall Discrepancy, across Industry sectors has shown a
consistent trend of around 18-22%. Decline within an
industry especially those which have stable and robust
processes of verification has been neutralized by the entry
of new industry sectors in the analysed data or an entry of
an organization with large number of hires within a
stabilised sector.

3. Of the ten industry sectors analysed in this study, the 3 which
form the lowest bracket of discrepancy over the three fiscals
are Strategy / Management Consulting; BPO / ITES and
Banking / Financial Services / Broking, where the
organisations have had screening as a process the longest.
These sectors display a discrepancy percentage at below 18%
and have built stringent controls in their Hiring and Screening
Processes.

4. Discrepancy
% greater
than 34%
Pharma / Biotech / Clinical Research;
Hotels / Restaurants / Airline /
Travel; Manufacturing are the 3
which form the top bracket with
discrepancy percentages of higher
than 34% over the three years. These
are sectors where verification for new
hires being outsourced is a process
which is both new and yet to stabilize.

5. Telecom / ISP; Retail; Insurance;
IT-Software / Software Services are
sectors which even though have
had screening as a process are yet
to stabilize on the controls.

6. Discrepancy on account of
employment check is the highest
across all industries. The major
reason for discrepancy in
employment check is on account of
incorrect information about tenure.

7. The discrepancy percentage is also
dependent on the selection of checks and
the check combinations. Industries with
higher number of employment checks
typically clock higher discrepancy
percentage and this is clearly evident with
companies with higher employee turnover
like Telecom and Insurance sectors.

8. Discrepancy in Education is
lowest among the four
commonly selected checks and
the most common reason for
discrepancy is submission of
fake documents.

9. Manufacturing and Retail are
sectors where education is not
verified for over 80% of their
cases.

10. Highlights - Annual Trend Analysis Report 2013
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Report here

11. Read More
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Measure? > Here
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Screening? > Here
5 Mistakes in Background Screening That Can Be Avoided > Here

12. Know more:
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