Employment Screening Services Companies

Competitive Landscape of Employment Screening Services Market

The employment screening services market is a dynamic and rapidly evolving space, driven by factors such as increasing regulatory compliance requirements, the growth of e-commerce and remote work arrangements, and the rising demand for data security and privacy. This competitive landscape sees established players vying for market share alongside new and emerging companies bringing innovative solutions to the table.

Key Players:

• Employment Screening Services Inc. (US)


• Automatic Data Processing Inc. (US)


• Employment Background Investigations Inc (US)


• CareerBuilder Employment Screening LLC (US)


• Sentinel Background Checks (US)


• First Advantage Corporation (US)


• HireRight Inc. (US)

Strategies Adopted:

Key players in the market are adopting various strategies to gain a competitive edge, including:

• Expanding service offerings: Companies are diversifying their services to encompass a wider range of screening solutions, including international background checks, drug testing, social media screening, and professional reference checks.


• Investing in technology: Companies are investing heavily in technology to streamline processes, improve data accuracy, and enhance user experience. This includes the use of artificial intelligence (AI) and machine learning (ML) for automated background checks and data analysis.


• Building strategic partnerships: Companies are forming partnerships with other organizations, such as data providers and technology companies, to expand their reach and offer integrated solutions to clients.


• Focusing on specific industries: Some companies are focusing on specific industries, such as healthcare, finance, and technology, to cater to the unique needs of those sectors.


• Acquisitions and mergers: Companies are pursuing acquisitions and mergers to achieve economies of scale, expand their geographic reach, and acquire new technologies and expertise.

Factors for Market Share Analysis:

Several factors are crucial for analyzing market share in the employment screening services market:

• Revenue: This is a primary indicator of a company's size and market influence.


• Client base: The number and size of clients a company serves indicates its reach and market penetration.


• Geographic footprint: The geographic reach of a company's services plays a crucial role in its market share.


• Service portfolio: The breadth and depth of a company's service offerings impacts its ability to cater to diverse client needs.


• Technology adoption: Companies at the forefront of technological innovation are likely to gain a competitive advantage.


• Compliance and accreditation: Compliance with relevant regulations and industry standards is essential for market credibility and trust.

New and Emerging Companies:

The employment screening market is witnessing the emergence of new companies offering innovative solutions, including:

• Checkr: A technology-driven platform that uses AI and ML for faster and more efficient background checks.


• GoodHire: A provider of background screening services that focuses on simplicity and user-friendliness.


• Mitratech: A provider of compliance software and services, including background screening solutions.


• VerifyMe: A provider of identity verification and background screening services for the sharing economy.


• Accurint: A provider of data-driven background screening solutions with a focus on candidate risk assessment.

Current Company Investment Trends:

Companies in the employment screening market are investing in several key areas:

• Artificial intelligence (AI) and machine learning (ML): AI and ML are being utilized for tasks such as automated data verification, candidate risk assessment, and fraud detection.


• Blockchain technology: Blockchain technology is being explored for its potential to enhance data security and privacy in background screening processes.


• Global expansion: Companies are expanding their operations to new markets to tap into growing demand for employment screening services.


• Strategic partnerships: Companies are forming partnerships with other organizations to offer integrated talent management solutions and expand their reach.


• User experience (UX) and design: Companies are investing in improving their user interfaces and making their platforms more user-friendly for both clients and candidates.

Latest Company Updates:

On Oct. 20, 2023, JobDiva, a leading global applicant tracking system provider, announced a strategic partnership with a global provider of technology-driven workforce risk management and compliance solutions, HireRight. The collaboration will enable JobDiva to transform background screening and simplify the hiring process for mutual customers, offering an integrated solution.

On Sep. 07, 2023, Brand Kraken, a leading provider of employee background checking and screening technology, launched its comprehensive global employment background screening and drug testing platform. The firm aims to set a new standard for accuracy, innovation, and customer service in the employee background screening and drug testing landscape. Brand Kraken is delivering a continuous criminal monitoring solution that can meet the needs of employers and employees.

On Feb. 15, 2023, Woven, a leading multi-unit business management software provider, announced a partnership with Crimcheck, an end-to-end background screening and risk mitigation services provider, to automate team member verification and background check processes. The partnership includes a new integration to automate the background check process, reduce liability, and save time for franchisors and multi-unit operators. New integration improves the hiring efficiency of multi-unit businesses by providing a single solution to manage people, operations, and locations.

On Mar.01, 2023, Sterling Check Corp., a leading provider of employee background screening and identity services, announced the acquisition of A-Check Global to expand its presence in key US verticals, including Healthcare, Industrials, and TechMedia. A-Check Global, a member of the ActOne Group of companies that provide workforce management, employment, and procurement solutions, focuses on top customer care to meet each client's unique requirements. A-Check Global's clients will continue receiving exceptional support, with additional benefits from Sterling's deep market expertise, industry-leading global reach, and broad tech-enabled services.