A case for organisations to invest in psychometrics
Psychometric assessments are designed to measure the cognitive ability of people. Such tests are of great value to companies who can use as part of their recruitment process to better understand the abilities and personality traits of potential employees. Apart from helping companies hire the right person for the right job, this data is beneficial for team building as well. It’s a fruitful business investment which benefits the company and employees both.
Using psychometrics has become increasingly popular in the recent past. Data from psychometric testing has been proven to have a direct impact on organizational performance. It adds immense value and validity to a company’s hiring decisions, resulting in productivity improvements. In addition, the data gathered from large databanks can be used to develop predictive models to drive strategic talent management policy and culture transformation.
Gaining a deep understanding of employees’ skills and traits can help managers channelize their strengths better, as well as work on areas that need improvement. It leads to better performance and also motivational levels – when people perform better they tend to feel better about their work. When the reverse is true, employees tend to lose interest, which reflects in their performance. The assessment can help companies reap better returns on their people-investment, because if you hiring the right talent is one of the main markers of success for organizations.
Moreover, adding psychometric testing to the selection process has benefits beyond knowing the current skills and traits of a potential candidate. These tests are designed to understand a candidate’s full potential, which gives a good insight into how the employee would grow within the organization to achieve his or her full potential. From a company’s perspective, this is extremely valuable as this is not something a regular interview process can determine. Also, it helps those candidates who may not have performed well during an interview but are suited for the job.
Investing in psychometrics makes sense for a business as well as for an employee.
Connect with us to know more on how psychometrics can improve productivity, decision making and provide new talent management insights,
Apart from the CMAP+ assessment that we advise for use only with students, all other assessments provided by TC Global can be used in the organizational context. There are over 20 different assessments that are available with 50+ different report versions. Contact us for a complete summary of all assessments and their suitability for your organization.