HireRight, a leading provider of global background screening and workforce management solutions, has released its 2025 Global Benchmark Report. The study, based on input from over 1,000 HR, risk, and talent acquisition professionals, highlights rising employer concerns over economic instability and return-to-office mandates.
Economic Uncertainty Pressures Hiring Decisions
Global market volatility has made employers more cautious about expanding their workforce. According to the report, only three in 10 respondents believed that turbulent economic conditions would have no impact on hiring activity. These findings came before recent U.S. tariff changes, which could add further pressure on profitability and hiring.
The survey found no major difference between the responses of small to mid-sized firms and large enterprises, showing that instability impacts businesses of all sizes.
Remote Work Remains a Key Talent Factor
While hiring slowed in North America, Europe, the Middle East, and Africa (EMEA), the Asia-Pacific (APAC) region experienced a 50% decline compared to the previous year. Despite fewer openings, the top recruitment challenge in 2024 was candidates rejecting offers without remote work options.
In North America, this affected about three in 10 employers. In EMEA, the number of companies reporting this challenge doubled from last year. APAC also saw a notable rise, suggesting businesses that resist flexible work risk losing top talent.
Importance of Screening in Uncertain Times
“As economic forecasts for 2025 remain unpredictable, the employer concerns in this year’s report reveal how hiring trends may shift,” said Ann Losiewski, EVP, Americas at HireRight. “Even with reduced recruitment, companies must maintain thorough pre-employment screening for all hires to prevent unsuitable candidates or malicious actors from entering the organization.”Explore HR Tech News for the latest advancements in Human Resources Technologies and insightful updates from industry experts!
News Source: Businesswire.com
