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The Indian franchise industry is currently estimated at $24 billion with an expectation to reach $35 billion by 2020. India is the second-fastest evolving economy in the world with a growth of 75% in consumer spending over the last four years.


The intent of hiring companies for conducting background checks is pretty evident. The need to ensure safe workplaces is the driving force for background screening in an organization. It requires skilled professionals to conduct background checks in a timely and effective manner.

Conducting background screening in-house is time-consuming and impacts efficiency and productivity. Moreover, this is a specialized task and not a core business area for employers.


The decision to hire a candidate involves a lot of brainstorming. Screening one for the desired skills and experience is half the game! Hiring employees involves behavioral assessments, logical and psychological tests and more. This process of evaluating a candidate’s persona is known as ‘profiling’. The process of profiling helps to find out the skills, strengths, core areas and motivations related to an individual.


Businesses need to ensure that employees are accessible in times of emergency. Address is a much sought detail during hiring and on-boarding to ensure that the employee is accessible. This is also a key element used during background screening to ensure that the candidate possesses integrity and has a clean background. Surprised?


The financial services industry is an ever blooming industry operating on TRUST. After improved economic sentiments in the economy, hiring is picking up compared to 2016 in the financial services sector. The data dealt with in the financial sector is way too sensitive to be handed over to crooks. The responsibility is huge and so is the need for trustworthy employees.


How sure are you that your leadership hire has a clean past?What steps does your company undertake to avoid negligent hiring?What processes do you have in place to effectively screen your senior hires?


Unmasking the real face of the potential candidate has always been onerous. Criminal checks help in understanding individuals’ intentions by screening past records. Criminal check delves extensively through the past criminal records of the candidate. Though the intent of criminality can be picked up from other background checks too, but a criminal check helps to find out an existing record in the candidate’s name, available in the public space.


As companies grow and on-board customers and employees faster, they are also grappling with the task of managing paper based, manual KYC processes. Successful customer acquisitions need faster verification and client on-boarding. To accelerate customer acquisition across existing and new geographies, organisations need access to instant, paperless KYC process while holding high standards of data privacy and integrity.


The sharing economy is increasingly disrupting the business landscape. A PwC survey [1] estimates the global sharing economy market to increase to around 335 billion dollars by 2025. With immense growth potential and numerous successful business models already setting examples, the sharing economy is all set to revolutionise our lives.


In an ever evolving global business landscape, hiring is no longer limited to geographical boundaries. As businesses expand beyond boundaries, the demand for skilled labour is rising. Incoming talent is crucial for growth and business success. This makes it essential for organisations to hire the right talent with desired skills and knowledge. This is particularly important in some industries where skilled manpower is crucial for day-day operations.


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