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Background Check and Drug Testing Services

SIC 7381 & 8099 | NAICS 561611 & 6211999

The following guide to industry information, research, and analysis provides sources for industry trends and statistics, financial ratios, salary surveys, and more.


Select from the following sections or scroll below to view available resources:

Industry Analysis, Statistics, Trends, and Forecasts

Financial Information and Financial Ratios

Compensation and Salary Surveys

Business Valuation Resources


For guides to other industries, see our index of over 400 industries.




Industry Analysis, Statistics, Trends, and Forecasts


Background Check Services  (view report)
Toxicology Laboratories  (view report)

Comprehensive research reports provide in-depth industry analysis and five-year growth forecasts, with special focus on the underlying structure and external forces and relationships that affect industries and their performance. Report contents include:

  • Key statistics
  • Market size and characteristics
  • Current performance
  • Competitive landscape
  • Major companies
  • Key risk and success factors
  • Five-year growth forecast


NAPBS
About Screening
https://www.napbs.com/

Introductory section provides basic information on background checks, why they are conducted, and why professional screening companies are used to perform them, and includes additional reference links to sections that cover the history of screening and describe differences between various types of background checks (e.g., employment, rental tenant, and volunteer) and how they are conducted.


Sterling Talent Solutions
Publications available from this organization include:

Background Screening 101
https://www.sterlingtalentsolutions.com/
E-book covers specific aspects of the screening process, with topics covered in individual chapters including criminal record checks and the use of databases for this purpose, regulatory concerns with regard to the use of credit reports and criminal records, types of drug tests and the circumstances in which they are employed, validating applicant resumes, and complying with Form I-9 requirements.

Background Screening Trends & Best Practices Report
http://www.sterlingtalentsolutions.com/
Customer survey provides insights on current practices in the professional screening industry, with topics covered including motivations for conducting screening, challenges and barriers associated with background checks, types of pre-hire and post-hire screening, types of employees screened, confidence in screening providers and results, and screening outcomes and perceived legal risks.


Society for Human Resources Management
Conducting Background Investigations and Reference Checks
https://www.shrm.org/  Select "Toolkits" from "Resources & Tools" drop-down menu

Article addresses the different approaches used in screening applicants for job openings, with topics covered including various aspects involved in the investigation process such as verifying eligibility for employment and checking employment, education, credit, criminal, and driving record history, types of reference checks and items commonly verified, and legal challenges in conducting investigations.


HireRight, LLC
Employment Screening Benchmark Report
https://www.hireright.com/

Annual survey of HR professionals explores key issues and trends affecting screening programs and the policies and practices used in these programs, with various topics covered in the report including most popular types of background checks performed, non-employee personnel subject to screening (e.g., contract workers, vendors, and volunteers), and most common methods used for drug testing.


American Association for Clinical Chemistry
Pre-Employment Drug and Alcohol Testing
https://www.aacc.org/

Pocket guide covers various topics related to testing for drug and alcohol abuse, with topics covered including pre-employment and workplace testing programs, government-mandated testing, impact of foods and medicines on test results, ways in which subjects try to beat the tests, legal issues in pre- employment and employee testing programs, and guidance on avoiding false-positive testing results.




Financial Benchmarking Data


Industry Financial Ratios
Background Screening /  Drug Detection Services
https://www.bizminer.com  Search for "561450" and "621999"
Five-year financial statement analysis includes income statements, balance sheets, and key financial ratios, with data available by sales size range on a national, state, and metro area level.
  • Income and expense detail in dollars and percentages
  • Balance sheets in dollars and percentages
  • Cash flow analysis
  • Liquidity and working capital ratios
  • Profitability and return on investment ratios
  • Asset turnover and efficiency ratios
  • Capital structure and debt service ratios


IBISWorld Industry Research Reports
Background Check Services / Toxicology Laboratories
https://www.ibisworld.com/background-check/ / toxicology-labs

Financial information section of these reports provides an analysis of industry expenses and profit as a percentage of revenue for companies that perform background checks on individuals for landlords, companies, and other organizations and toxicology laboratories that analyze blood, urine, saliva, and hair samples for the presence of drugs and other substances. Sample report is available free online.




Compensation Surveys


BizMiner Financial Analysis Reports
Background Screening /  Drug Detection Services
https://www.bizminer.com  Search for "561450" and "621999"

Five-year comparative income statement analysis provides salaries, wages, and officer compensation in dollars and as a percentage of sales for companies that perform background checks on individuals for landlords, companies, and other organizations and laboratories that analyze blood, urine, hair, and saliva samples for the presence of drugs and other substances. Sample report is available free online.


PayScale
Compensation resources available from this organization include:

Background Investigator
http://www.payscale.com/
Free online service provides salary, bonus, profit sharing, and total cash compensation information for personnel who conduct background investigations, such as pre-employment checks, on individuals for landlords, employers, and other organizations by searching databases, credit reports, public records, legal and tax filings, and other resources and conducting reference checks and in-person interviews.

Toxicology Testing
http://www.payscale.com/
Free online service provides median salary, bonus, and hourly wage data for personnel who analyze blood, urine, saliva, and hair samples for the presence of drugs and other substances, with job titles covered including laboratory manager, supervisor, technician, and phlebotomist and firms for which this data is provided including eScreen, Inc., LabCorp, NMS Labs, Inc., and Quest Diagnostics, Inc.




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