Benefits
There are many recognised benefits of psychometric testing. That is why so many organisations incorporate testing into recruitment and development. Benefits of Psychometric Testing include
• Improved efficiency - Testing improves recruitment process efficiency. It enables effective identification of unsuitable and suitable candidates at an early stage. This reduces the time and money spent on unsuitable candidates.
• Time Savings – Psychometric Testing can save time by screening out unsuitable applicants at an earlier stage in the process.
• Informed Decisions - Better recruitment decisions can be made with the additional information provided about applicants
• Cost Savings – It is estimated that the cost of a bad hire can be up to three times employee salary. This includes obvious costs like recruitment agency fee, time spent recruiting, advertisement costs, training costs, salary and benefits. And hidden costs like managing poor performance, negative effect on co-workers, lost customers and sales.
• Proven results – It is widely accepted that psychometric testing is the most effective way to match the right person to the right job. Unlimited research to support this view.
• Other benefits - Reduced staff turnover, improved performance, increased employee motivation and a more capable workforce.
Measurability - leading psychometric testing provider in Ireland