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They want to hire
the right person for the right job
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95% of applicants will
"exaggerate" to get a
job during an interview.
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More then 50% of all job candidates
misrepresent their qualifications on their resumes.
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Most hiring decisions are made in the first 5
minutes of an interview.
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2 out of 3 new hires will
disappoint in the
first year.
They want to hire dependable people
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Employee theft is a growing problem and
contributes to many business failures.
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Drug use affects employee performance.
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Attitudes toward work and work ethic affect
productivity.
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Absenteeism and tardiness increase the cost of
doing business.
They want to increase productivity
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People are most productive when their work
matches their thinking style, occupational interests, and behavioral traits.
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Teams and departments function better when
their leaders have information about team members strengths.
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Factors that negatively affect productivity,
such as stress, tension, and conflict, are significantly reduced when
assessments are used.
They want to reduce the rate of employee
turnover
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2 out of 3 employees would rather work
somewhere else.
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Turnover cost businesses thousands of dollars
for every departing employee.
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80% of employee turnover is avoidable.
They want to eliminate the cost of avoidable
legal actions
This is a case where "an ounce of prevention is
worth a pound (or many pounds) of cure." Hiring the wrong person can turn into
an
employment nightmare.
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1 out of 3 businesses will be sued this year
over an employment issue.
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Employers can be held liable for their
employees' behavior on and off the job.
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Subjective hiring can lead to charges of
illegal discrimination by rejected job candidates.
They want more effective use of their human
capital
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Employee Assessments give information that managers can
use to coach, motivate, and manage people more effectively.
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Assessments help companies find untapped talent within their organization.
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Employee testing can reduce a companies "people problems".
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Employee assessments help companies achieve
better employee cooperation.
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When employees have a good Job Match they
are far less likely to become stressed, be unhappy, complain, or have
grievances against their employers
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60% of a manager's time is spent
fixing people problems and 40% working to reach the companies' goals.
They
want to achieve the results that come from "Job Fit"
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Assessing behavioral traits yields a 38% assurance of Job Fit.
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Adding a thinking abilities assessment results in a 54% Job Fit.
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Adding assessments for occupational interests increases Job Fit to 66%.
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Add
the use of a Job Match Pattern and you get outstanding employees 75% of the
time.
They
want to improve their decisions
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Better decisions result from having more complete information about job
candidates and employees. Employee testing provides this information.
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Good
decisions are reached faster, saving time and money.
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Assessments are important tools in promoting and succession planning
decisions.
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Training programs become more effective when tailored to the specific needs
and characteristics of an individual.
In
Summary
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Most companies spend between 50%-60% of their income on people costs
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Peter Drucker says, "Chances are good that up to 66% of your companies hiring
decisions will prove to be mistakes in the first 12 months."
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This does not mean that they ( the mistakes) will leave in fact most will
stay (unfortunately). They do not leave and this is the problem!
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Many people, while not performing a job in an excellent manner, do a good
enough job to avoid being terminated. Thus, a company comes to accept that
"average" job performance is an acceptable standard.
Given The
Facts -Why Don't All Companies Use Employee Assessments?
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