HireRight Announces Availability of the 2008 Background Screening Benchmarking Report
May 21 2008 - 6:30AM
Business Wire
HireRight, Inc. (Nasdaq: HIRE), a leader in on-demand employment
background screening, today announced that the 2008 HireRight
Background Screening Benchmarking Report is available at
www.hireright.com/benchmarking. This report is based on a
comprehensive survey of security and human resources professionals
from organizations of a wide range of sizes and industries. It
addresses the key factors influencing employment screening programs
today, the scope of their screening programs, the methods they use
in operating their screening programs and the types of background
checks they most commonly perform. Specific findings include: The
top reasons for performing employment background and drug screening
today are to mitigate risk, improve the quality of hire, promote
workplace safety and meet regulatory compliance requirements.
Extended workforces, including consultants, contract labor,
temporary and vendor personnel, are screened one-third as often as
the permanent, full-time workforce, resulting in increased risk for
firms that utilize contingent labor. More than half of all
respondents indicated they currently use or plan to use a screening
solution integrated with their applicant tracking or talent
management solution. Just over a third of all respondents indicated
their organization conducts background checks internationally in
some form. More than half of organizations who responded utilize
the U.S. Department of Homeland Security�s E-Verify employment
eligibility program or are evaluating its usage. Job applicants are
five times more likely to be screened than current employees,
highlighting the existing employee risk that may exist at many
companies. The HireRight Background Screening Benchmarking Survey
was conducted to provide human resources and security professionals
with relevant information they can use to compare their employment
screening practices with their peers. The information helps
organizations identify strengths and weaknesses and improve their
employment screening processes and programs. Hundreds of
individuals from organizations of many sizes and industries, doing
business in many regions around the world, participated in the
HireRight 2008 Background Screening Benchmarking Survey. �We
believe the 2008 HireRight Background Screening Benchmarking Report
is a valuable tool organizations can use to assess their own
screening programs in the context of the practices of their peers,�
said Rob Pickell, vice president of marketing and product
management, HireRight, Inc. �Whether you are an employer looking to
do background checking for the first time or already have a
comprehensive screening program in place, this report can help you
by providing a consolidated view into how other organizations are
approaching their employment screening programs today.� The 2008
HireRight Background Screening Benchmarking Survey was conducted
between January and March 2008, using an electronic questionnaire
that respondents completed online. Dozens of questions were
included to gather information on topics such as screening programs
and their management, organizational strategic and tactical plans,
and common screening policies and practices. Invitations to
participate in the HireRight Background Screening Benchmarking
Survey were distributed via e-mail and results were combined and
reported anonymously. Participants included individuals from
organizations that perform employment background screening today,
ranging from large businesses with more than 25,000 employees to
small businesses with less than 100 employees. About HireRight
HireRight is a leading provider of on-demand employment background
and drug screening solutions that help employers efficiently
implement, manage and control screening programs. Many companies,
including more than 65 of the Fortune 500, trust HireRight because
the company delivers customer-focused solutions that provide
greater efficiency and faster results. HireRight also provides
pre-integrated employment screening services through enterprise
e-recruiting solutions from top providers such as
Oracle/PeopleSoft, Taleo, Vurv, ADP/VirtualEdge and PeopleAdmin.
HireRight's worldwide headquarters are located in Irvine,
California with offices and affiliates around the globe. For more
information, visit the company's web site at www.hireright.com.
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995: All statements included or incorporated by
reference in this release may contain forward-looking statements
based on our current expectations, estimates and projections about
our industry, management's beliefs, and certain assumptions made by
us. Words such as �anticipates,� �expects,� �intends,� �plans,�
�believes,� �seeks,� �estimates,� �may,� �will� and variations of
these words or similar expressions are intended to identify
forward-looking statements. These statements include, but are not
limited to, any statements or implications contained herein
regarding the usefulness or value of the 2008 HireRight Background
Screening Benchmarking Survey as an indicator of the types or
amounts of screening to perform. Such statements speak only as of
the date hereof and are subject to change. We undertake no
obligation to revise or update publicly any forward-looking
statements for any reason. These statements and implications are
not guarantees of future performance and are subject to certain
risks, uncertainties and assumptions that are difficult to predict.
Therefore, our actual results could differ materially and adversely
from those expressed or implied in any forward-looking statements
as a result of various factors. Important factors that may cause
such a difference include, but are not limited to the failure of
the survey to indicate the appropriate level of screening for an
organization to perform. Further information on HireRight, Inc.,
including additional risk factors that may affect our
forward-looking statements, is contained in our Annual Report on
Form 10-K for our fiscal year ended December 31, 2007, and in our
other SEC filings that are available through the SEC's website
(www.sec.gov). � Copyright 2008 HireRight, Inc. All rights
reserved. HireRight is a registered trademark of HireRight, Inc.
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