You will, probably, also be aware that more than three quarters of HR recruitment professionals in the UK are now using psychometric testing during interviews, and 78% agree that it is a ‘powerful tool’ for hiring. So, you know that they are a very popular pre-hiring assessment tool, but you don’t know if they are the right option for you and your business. Here are 5 things you might not have known about Psychometric testing that might help you decide…
If you know what’s what about in-house recruitment and hiring the best candidates you will be familiar with Psychometric testing. You’ll know that Psychometric testing is utilised by over 75% of the Times Top 100 companies in the UK and over 80% of Fortune 500 companies in the USA. You will, probably, also be aware that more than three quarters of HR recruitment professionals in the UK are now using psychometric testing during interviews, and 78% agree that it is a ‘powerful tool’ for hiring. So, you know that they are a very popular pre-hiring assessment tool, but you don’t know if they are the right option for you and your business. Here are 5 things you might not have known about Psychometric testing that might help you decide…
1. They are scientifically proven to help hire the best candidates
Firstly, and most importantly, Psychometric tests have been scientifically proven to effectively predict how successful a prospective candidate will be in their new role. In fact, aside from literally doing the job they are interviewing for at the interview, it is the most reliable performance indicator out there. Over the last hundred years thousands of studies have concluded that psychometric and aptitude testing are very effective pre-cursory performance indicators and hugely reduce the risk of hiring processes when used in conjunction with face to face interviews.
2. They massively reduce time wasting when recruiting
Many jobs in London garner upwards of 100 job applications per vacancy, with bigger corporations receiving as much as 250 CVs per open role. There is very rarely the time, nor man power, to read and evaluate each application with the detail it deserves. In this example psychometric testing can quickly identify the top percentile of candidates that should be interviewed. This means that a lot of the filtering process can be automated, leaving more time for telephonic and face to face interviews. Psychometric tests produce results where strengths and weaknesses can be assessed in advance of the interview. Therefore This provides a good stimulus to steer the direction of discussion at interview. Weaknesses can be explored and successes can be praised forthrightly instead of being dodged or missed at interview.
3. They are cost-effective
Psychometric tests are strong performance indicators and can likely predict whether someone would be a good fit for your job, therefore, their value for money is fantastic. Anyone who has been in a hiring position knows that the cost of recruitment can be tremendous especially when the wrong hiring decision is made. These mistakes can often cost companies upwards of £1000 and considering that the cost of sending a Psychometric test can be as low as £5, they should be identified as a real money saving tool.
4. They are completely unbiased and help diversify a selection process
Psychometric tests are wholly unaffected by any factor other than raw intelligence and candidate potential. They are a consistent and standardised measure of ability. They can not take academic qualifications, personal history, previous work experience etc. into account. Candidates answer pre-determined questions which generate unambiguous results which can be easily compared to other candidates’ scores. Employers get a fuller and better rounded impression of a candidate including test results that disregard any influence of human bias.
5. They are Easy to use
Given the high demand for these tests and the digitisation of the all things there are a large number of online providers and test writers whose job it is to make sending these tests as easy and functional as possible. Reliable, thoroughly tested and affordable tests are now available at the click of a button - meaning large corps and smaller businesses alike have access to the best, scientifically proven, performance assessors available. It is apparent that employing Aptitude and Psychometric tests in your hiring process will save you money, time and help refine your recruitment strategy. When these tests are applied correctly and used in conjunction with typical recruitment processes they can be an invaluable tool in a successful selection or hiring process.