Skip to main content
InfoGuides | Pepperdine Libraries

Business Industry Guide: Background Checks & Employment Screening (as of Spring 2018): Company, Business, and Market Research

Need to research the employment services screening industry for human resources? Use the resources in this guide!

Understanding the Industry and Learning about the Landscape of the Target Market

IBIS World will assist you in better understanding the industry this company is involved in, as well as the markets it supplies. It is helpful with the following aspects of your research:

  • Situation/Market Analysis
  • Key Buying Industries and Key Selling Industries
  • Competitor Analysis (detailed market share)
  • Foreign Entry Potential
  • Distribution

Example: I am looking to locate the key buyers of screening services

  • Type background checks into the search box and click search
  • Look at Industry Reports - US to locate
    •  Background Check Services
    • Private Detective Services  

Example: I am looking to understand issues related to professional hiring services in the United States

  • Type hiring into the search box and click search
  • Look at Industry Reports - US and click on <more> to locate the related reports listed below:
    • Employment & Recruiting Agencies in the US
    • Executive Search Recruiters

B2B - Marketing | Mobile | Sales | Social Media

Rounding Out Your Research - Locating Recent News from the Industry

Specialized publications - known as industry or trade publications - help those inside an industry to understand the most recent trends and news impacting sales, growth, and strategy. When you search in the databases below, you will obtain articles from a wide variety of publications for those in the background screening industry  

Tip: some suggested terms, phrases, and search strings to try

  • "competitive intelligence" AND hiring
  • "talent sourcing" OR recruiting
  • "employee screening" OR "background screening" OR "background check" OR "web-based background checks"

Industry associations websites are also available in your industry. The IBIS World reports calls attention to several relevant associations for this industry. Go to their websites as they will often provide reports, articles, statistics, and industry data and can be helpful in rounding out your research. Don't forget to also consult the associations listed by your professor in your E2B Case as well!

Generating a List of Potential Competitors

The resources listed below can be helpful in identifying any additional potential competitors beyond what the E2B company has identified and those listed in the IBIS World reports. Related NAICS industry code include 5613 - Employment Services and 519190 - All Other Information Services.

Example: I am looking for a list of competitors in the employment screening industry.

  • Locate Advanced Searches in the left sidebar menu and click Private Companies
  • From the Choose Industries box on the right side of the screen, select the following:
    • Services>Employment&Staffing>Employee Screening

Example: I need KPIs for Accurate Background, Inc.

  • Enter Accurate Background Inc in the search box after signing in to your account
  • Click Go
  • Select the record titled Accurate Background, Inc. and locate the section for KPIs

Example: I want to find all U.S. competitors in the employment screening industry.

  • Find U.S. Businesses and click Search 
  • Click on the tab for Advanced Search 
  • Use the left menu box to create a search by industry Business Type>Keyword/SIC/NAICS 
  • Select the radio button Search Primary SIC Only
  • Type "employ" in the Keyword/SIC/NAICS search box and click Search 
  • Select 874861 - Employment Screening Services and/or select 839922Employment Background Check
  • Use the Update Count button on the right side of the page
  • Finally, select View Results to view a list of all results

Example: I need sales volume for Accurate Background, Inc.

  • Find U.S. Businesses and click Search 
  • Type in Accurate Background under the Company Name search box and click View Results
  • From the list of results select Accurate Background Inc
  • Locate sales volume under the Business Demographics box

Researching the Competition: Locating Company Profiles and Company News

Example: I need a Hoovers Company Report for HireRight

  • Under the heading What are you interested in? click the box for Company Info 
  • Type "HireRight" into the box
  • Select ... and Show Me > Company Profile
  • Click Search
  • On the resulting page, type "Hoovers" on the sidebar Search Within Results
  • Locate the Hoovers Company Report for "HireRight, LLC." Hoover's Company Records - In-depth Records

Example: I want to get a Company Dossier for Sterling Infosystems for a compilation of many data points 

  • On the LexisNexis Uni homepage, click on the image icon for Business
  • Click on Company Dossier (browser note: as of 01.26.18, this function works correctly when using Firefox but not Chrome)
  • On the resulting page, type in "Sterling Infosystems"
  • From the list, select Sterling Infosystems, Inc.
  • Tip: Use the menu bar on the left to see news related to the company

Example: I need to read recent news related to the company First Advantage

  • Type First Advantage into the first box and select CO Company from the drop down box
  • Change sorting of articles from Relevancy to Most Recent

Use PrivCo to access a list of competitors based on a company or industry criteria and to obtain financial data for a private company.

Example: I need KPIs for Accurate Background, Inc.

  • Enter Accurate Background Inc in the search box after signing in to your account
  • Click Go
  • Select the record titled Accurate Background, Inc. and locate the section for KPIs