What Is Psychometric Assessment and How to Utilize It
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Recent research shows that about 76% ofA?organizationsA?with more than 100 employees rely on assessment tools such as aptitude and personality tests for external hiring. That figure is expected to climb to 88% over the next few years. The tests are used to assess junior candidate, but the more senior the role, the more likely the employer is to use assessments to identify candidate.A?Global estimatesA?that tests are used for 72% of middle management positions and up to 80% of senior roles, compared with 59% of entry-level positions.
Psychometric test is an impersonal, standardized and objective test to help recruiters have a better look on potential talents. The psychometric tests are more trustable than just asking the candidates their strength or weakness. These tests are often used as a filtering mechanism at an early stage in the recruitment process.
Psychometric assessments will be used to measure how people distinct in their motivation, priorities, values, and opinions in different tasks and situations. To assess the personality of candidates, the assessments can give recruiter an indication of the working style and how they interact with the working environment and co-workers.
The tests are helpful at analyzing a??hiddena?? traits of an individual, when formal education and past working experience will not always provide a clear, picture of onea??s personal skills. Aptitude tests, for example, could help to provide a better, more realistic, and current view of a candidatea??s abilities than a formal certificate of education.
If English is not their first language, you can also test it out to see if they are competent to communicate in English language or not, to fulfill work related task.
To conclude this topics, Psychometric assessments can help recruiter: Identify the high potential talent, reduce the time to hire, and use the report as a development for the accepted candidate.
Identify the high potential talent
Identifying the right talent is important to avoid bad hiring. As you already know, 41% of companies estimate a bad hire costs more than $25,000. Not only that, bad hiring can cause multiple damage to the company, like 30% drop in team performance, and 36% cause negative effects on employee morale.
With psychometric assessments, recruiter can easily spot the right candidates that are applying to their job openings. The test will then help predict a new hirea??s on-the-job performance and retainability at work. So, in theory, applicants who pass the screening test should perform better as employees if they’re hired.
While there are many tests outside, psychometric assessments are based on hiring and retention case studies. The test results will give the company an indication of how close a candidate with the specification needed by the company.
No more bad hiring in recruitment process
Reduce time to hire
Psychometric assessmentsA?are like the original recruiter augmentation tool (of course you have read a lot of how big data and artificial intelligence are helping in recruitment process). The assessments will augment recruiter in assessing candidates. The idea is to have the insights and data empower recruiter to make better decisions on hiring.
ByA?assessing candidates in a valid and reliable way, recruiter will be provided with predictive recommendations based on statistics and data, not intuition.
That means by using psychometric assessments, you can reduce the time to hire.
Report as a Development for the Accepted Candidate
Assessing candidates using psychometric assessments will give you the idea of onea??s potential. They identify the extent to which candidates’ personality and cognitive abilities match those required to perform the role. Employers use the information collected from the psychometric test to identify the hidden aspects of candidates that are difficult to extract from a face-to-face interview.
If the candidate has become an employee for the company, then the result from the assessment before could be useful for the development of that person. Why is this important? Because career development gives higher satisfaction level and 250% higher productivity.
With utilizing the result from the psychometric assessments, you will develop employees based on statistics and data.
Use psychometric assessments in your recruitment process will facilitate you and your team in hire people faster and more focused. Start today by using Urbanhire psychometric assessments in partnership with Cut-e an AON Company. Urbanhire and Cuta??e create smart measurement solutions with valid and innovative online assessment products.