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Why Use
Assessments?
Assessments
should be an integral part of every business, from pre-hire through retirement.
Good decisions are possible only when executives and managers have good
information upon which to base them. The information provided by assessments
can be used to allocate a company’s "human capital" most effectively. The goal
is to address people challenges before they impact business operations. Thus,
we are proactive rather than reactive in managing our people.
Consider
the following:
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95 of 100 applicants
will "exaggerate" to get a job during an interview
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More than half of all
job candidates misrepresent their qualifications on their resumes
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Most hiring decisions
are made in haste – during the first 5 minutes of an interview
-
2 of 3 new hires will
disappoint in the first year
-
Turnover costs
thousands of dollars for every departing employee
-
2 of 3 employees would
rather work somewhere else
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80% of employee
turnover is avoidable
-
1 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
In light of
these facts, companies use assessments for many good reasons:
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Hire the right person
for the right job
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Hire dependable people
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Increase productivity
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Reduce the rate of
employee turnover
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Eliminate the costs of
avoidable legal actions
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Make more effective use
of human capital
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Achieve the
efficiencies that result from "Job Fit"
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Improve the
decision-making process
If you are
hiring, assessments can help you put the right person in the right job. For
your existing workforce, assessments can help determine if all employees are
well placed. People are most productive when their work matches their thinking
style, occupational interests and behavior traits. These attributes are
measured by The Profile assessment tool. The incorporation of a Job
Match Pattern in The Profile provides a benchmark for success.
Teams and
departments function better when their leaders have information about team
members’ strengths. Factors that negatively affect productivity such as stress,
tension and conflict are significantly reduced when assessments are used.
Assessments provide information that managers can use to coach, manage and
motivate people more effectively. They can help companies find untapped talent
within their organizations. Good employees may not be performing well simply
because of poor Job Match. Assessments can help identify such issues. They are
important tools in training, promotion and succession planning.
Most companies spend over 50% of their income on people costs. This means there
is tremendous potential for increased profits when efficiencies in Human
Capital investment are achieved through the use of assessments.
Give People
Assessments a call now. Don’t waste another dollar on "people problems".
People
Assessments
Email: info@peopleassessments.com
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