First Advantage Releases Q1 2024 India Employment Screening Trends Report - FMCG Sector Shows Discrepancy Trends In Q1-24

First Advantage Corporation (NASDAQ: FA), a leading provider of employment background screening, identity, and verification solutions, announces the publication of its Q1 2024 India Employment Screening Trends Report. The 33-page document is a compilation of anonymized data and analytics from the Company’s background screenings performed for its customers in the Indian market during the first quarter of 2024.

In Q1-24, Industries such as FMCG, Healthcare & Pharma, Services and Telecom sectors had discrepancies percentages that were much higher than the overall average of 9.59 percent.

In the first quarter of 2024, there was a noticeable rise in discrepancies in the employment sectors of BFSI, Engineering & Infrastructure, Healthcare & Pharma, Retail, and Services compared to the previous quarter. Similarly, education discrepancies were higher in the BFSI, FMCG, E-commerce & Logistics, and Services industries. Employment verifications saw a shift, with sectors like IT, Consulting, FMCG, Engineering & Infrastructure, and Manufacturing increasingly favoring alternate modes of verification. This trend highlights evolving industry practices and the growing emphasis on thorough background checks.

For a complimentary copy of the “First Advantage Employment Screening Trends Report: India,” and for other queries contact:

DeepashriSunder

+918861013031

deepashri.under@fadv.com

About First Advantage:

First Advantage (NASDAQ: FA) is a leading provider of employment background screening, identity, and verification solutions. The Company delivers innovative services and insights that help customers manage risk and hire the best talent. Enabled by its proprietary technology, First Advantage helps companies protect their brands and provide safer environments for their customers and their most important resources: employees, contractors, contingent workers, tenants, and drivers. Headquartered in Atlanta, Georgia, First Advantage performs screens in over 200 countries and territories on behalf of its more than 30,000 customers. For more information about First Advantage, visit the company’s website at https://fadv.com/.