Highlights of Q1-22
- In Q1-22, industries such as BFSI, Retail, and Telecom showed substantially greater discrepancy percentages than the overall average of 9.6 percent.
- Discrepancy percentage in the BFSI sector decreased to 18.6 % in Q1-22 as compared to 21.12 % in Q4-21.
- For Employment Verifications IT, BFSI and Consulting sectors have shown higher inclination towards alternate modes of verification.
Highlights of Q1-22
- In Q2-22, industries such as BFSI, E-Commerce and Logistics, Retail & Telcom showed substantially greater discrepancy percentages than the overall average of 11.3 percent.
- Discrepancy percentage in the BFSI sector increased from 18.6 % in Q1-22 to 20.07 % in Q2-22.
- For Employment Verifications IT, BFSI, FMCG and Manufacturing sectors have shown higher inclination towards alternate modes of verification.
Highlights of Q3-22
- In Q3-22, industries such as Manufacturing, Healthcare & Pharma, Education and Telecom, showed substantially greater discrepancy percentages than the overall average of 10.8%.
- Discrepancy percentage in the Manufacturing sector increased from 7.5% in Q2-22 to 9.51% in Q3-22.
- For Employment Verifications: IT, Manufacturing and FMCG sectors have shown a higher inclination towards alternative modes of verification.
Highlights of Q4-22
- In Q4-22, Industries such as BFSI, Healthcare & Pharma, Telecom, Engineering & Infrastructure showed substantially greater discrepancy percentages than the overall average of 8.3 percent.
- Discrepancy percentage in the BFSI sector increased from 9.67% in Q3-22 to 10.30% in Q4-22.
- For Employment Verifications, IT, FMCG, Engineering & Infrastructure and Retail sectors have shown higher inclination towards alternate modes of verification.
