Traits of individuals like attitude, intelligence, beliefsand personality are important to measure doing a hiring process. For hiring and recruiting, it is good to assess some of these less obvious and hidden traits. And the way to get to this- is via psychometric tests.
Psychometric tests include reasoningtests, personality profiling, ability tests and motivation questionnaires. These tests focus on providing objective data in place of subjective measurements.
Psychometric assessment India contributes a scientific element to the recruitment process which used to rely on synergy and gut feel of recruiters and job seekers. Today, more than 70% of Fortune 500 companies rely on psychometric testing to screen and hire potential employees.
Here are top reasons why recruiters are relying increasingly on psychometric testing.
- Testing is superior to gut feel:
Human instinct is unpredictable and is akin to rolling a dice. Hence recruiters relying on this will have to bear the cost of poor hiring. Research indicates that to replace a skilled position, it can cost up to 150% the salary of an employee in terms of lost productivity. Thus, all companies need to try and reduce costs of bad hires.Psychometrictesting provides a level of objectivity and standardization compared to the traditional process of recruitment by getting rid of the unconscious bias which pervades it. As per meta-analysis, using psychometric testing can help enhance outcomes of recruitment by over 20% as compared to traditional methods like unstructured interviews and screening of resumes.
- Measurable results:
One of the challenges facing companies is the quantification of human behaviour and evaluating its impact on the bottom-line. With the emergence of Big Data, one of the most effective and simple way to quantify personnel related Return on Investment (ROI) is the procedure of pre-employment assessment. The HR department can particularly shed its image as a cost centre and assume the role of a profit-driven, accountable and critical entity using psychometric tests.
- Simple and uncomplicated:
Today, no longer do you need professional psychologists to interpret the esoteric results of psychometric tests. Designers of psychometric tests are slowly accepting a ‘design first, data second’ principle. The HR staff can easily access data rich, well designed and simple to read psychometric reports. Simple language and graphics are becoming the norm. To help make confidentdecisions for hiring, the hiring manager must access a properly constructed psychometric test.
- Helps build brand image:
By using objective and standardized selection process, the employer can create a powerful first impression about his brand. Most job seekers of today are attracted by modern selection and recruitment process. They point out that the objective evaluation of their calibrefor a job is the primary reason as regard their happiness with the process of recruitment. This holds true most, for candidates from linguistically and culturally diverse back grounds. A psychometric test arranges a level playing arena where there is equal judgment of the merits of all candidates.
- Helps construct HR strategy
For shaping a great HR strategy, it is essential to have high quality data. The HR unit depends on a wide variety of inputs to take decisions impacting the whole company. Psychometric tests provide objective, quantified data which helps tailor the HR strategy. Psychometric Testing in India is thus useful for companies.
These are all some of the benefits of psychometric testing for companies.Tags: Psychometric Tests