{"id":3879,"date":"2020-02-03T16:47:06","date_gmt":"2020-02-03T16:47:06","guid":{"rendered":"http:\/\/www.big5assessments.com\/blog\/?p=3879"},"modified":"2022-04-25T11:29:31","modified_gmt":"2022-04-25T10:29:31","slug":"how-effective-is-psychometric-testing","status":"publish","type":"post","link":"https:\/\/www.big5assessments.com\/blog\/selection\/how-effective-is-psychometric-testing\/","title":{"rendered":"How Effective is Psychometric Testing?"},"content":{"rendered":"\n<p>Psychometric testing can improve your\nrecruitment selection by approximately 24%. A lot of the recruitment process is\nguesswork and this can lead to poor retention figures. However, by introducing\npsychometric testing into your recruitment process, a lot of the guesswork is\nremoved, therefore enabling you to make more informed decisions regarding new\nhires. <\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"alignright is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.big5assessments.com\/blog\/wp-content\/uploads\/2020\/02\/dice.png\" alt=\"\" class=\"wp-image-3880\" width=\"280\" height=\"149\" srcset=\"https:\/\/www.big5assessments.com\/blog\/wp-content\/uploads\/2020\/02\/dice.png 387w, https:\/\/www.big5assessments.com\/blog\/wp-content\/uploads\/2020\/02\/dice-300x160.png 300w\" sizes=\"(max-width: 280px) 100vw, 280px\" \/><\/figure><\/div>\n\n\n\n<p><strong>Why Should I Introduce Psychometric Testing?<\/strong><\/p>\n\n\n\n<p>The answer here is simple. Did you know that\nin a study by Leadership IQ it was found that 46% of new hires failed within\nthe first 18 months? The reason for this; they did not have the right\npersonality to thrive within the company. Psychometric testing, introduced at\nthe recruitment stage, enables you to look beyond a CV. CVs are notoriously\nunreliable and the way to overcome this is by introducing a new recruitment\ntool into the mix. Psychometric testing gives you valuable information into the\npersonality and attributes of candidates, allowing you to make more informed\nchoices at the recruitment stage. <\/p>\n\n\n\n<p><strong>The Statistics &#8211; What You Need to Know<\/strong><\/p>\n\n\n\n<p>Psychometric testing is the focus of many\nrecruitment based studies and therefore the benefits are widely acknowledged.\nPsychometric testing, used during recruitment, reduces staff turnover, on\naverage, by 20%, therefore saving companies both valuable time and money<a href=\"#_ftn1\"><sup>[1]<\/sup><\/a>.<\/p>\n\n\n\n<p>Over 80% of Fortune 500 companies now use\npsychometric testing as part of their recruitment process, in order to inject\nsome much needed objectivity into the process.<a href=\"#_ftn2\"><sup>[2]<\/sup><\/a>\nOf those companies that are already using psychometric testing, 81% believed it\nhelps them to make better choices during recruitment and 57% believed that\npsychometric testing could accurately predict candidates\u2019 potential future\nperformance. <\/p>\n\n\n\n<p>One of the key benefits of psychometric\ntesting is that it counterbalances our own biases. Often biases are introduced\ncompletely accidentally, but they can lead to poor recruitment decisions.\nPsychometric testing has been found to reduce the number of \u2018poor\u2019 hiring\ndecisions by 50%. Not only that, but it can reduce the time taken to recruit\nnew hires by up to 30%.<a href=\"#_ftn3\"><sup>[3]<\/sup><\/a><\/p>\n\n\n\n<p><strong>Summary<\/strong><\/p>\n\n\n\n<p>Statistics and data are consistently\nsupporting the use of psychometric testing within recruitment and, as more\ncompanies are adopting the approach, many are singing its praises. With so much\nsubjectivity in recruitment, adopting psychometric testing is a simple, yet\neffective, way to ensure you hire candidates who will support and benefit your\ncompany, therefore reducing staff turnover; saving both time and money. <br><\/p>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p><a href=\"#_ftnref1\"><sup>[1]<\/sup><\/a> <a href=\"https:\/\/www.bespokehr.com\/should-you-use-psychometric-testing-when-recruiting-new-employees\/\">https:\/\/www.bespokehr.com\/should-you-use-psychometric-testing-when-recruiting-new-employees\/<\/a><\/p>\n\n\n\n<p><a href=\"#_ftnref2\"><sup>[2]<\/sup><\/a> <a href=\"https:\/\/www.peoplemanagement.co.uk\/long-reads\/articles\/psychometric-testing-fit-purpose\">https:\/\/www.peoplemanagement.co.uk\/long-reads\/articles\/psychometric-testing-fit-purpose<\/a><\/p>\n\n\n\n<p><a href=\"#_ftnref3\"><sup>[3]<\/sup><\/a> <a href=\"https:\/\/www.cut-e.com\/advisory\/psychometrics-10-truths\/\">https:\/\/www.cut-e.com\/advisory\/psychometrics-10-truths\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Psychometric testing can improve your recruitment selection by approximately 24%. A lot of the recruitment process is guesswork and this can lead to poor retention figures. However, by introducing psychometric testing into your recruitment process, a lot of the guesswork is removed, therefore enabling you to make more informed decisions regarding new hires. Why Should [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-3879","post","type-post","status-publish","format-standard","hentry","category-selection"],"_links":{"self":[{"href":"https:\/\/www.big5assessments.com\/blog\/wp-json\/wp\/v2\/posts\/3879"}],"collection":[{"href":"https:\/\/www.big5assessments.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.big5assessments.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.big5assessments.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.big5assessments.com\/blog\/wp-json\/wp\/v2\/comments?post=3879"}],"version-history":[{"count":1,"href":"https:\/\/www.big5assessments.com\/blog\/wp-json\/wp\/v2\/posts\/3879\/revisions"}],"predecessor-version":[{"id":3881,"href":"https:\/\/www.big5assessments.com\/blog\/wp-json\/wp\/v2\/posts\/3879\/revisions\/3881"}],"wp:attachment":[{"href":"https:\/\/www.big5assessments.com\/blog\/wp-json\/wp\/v2\/media?parent=3879"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.big5assessments.com\/blog\/wp-json\/wp\/v2\/categories?post=3879"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.big5assessments.com\/blog\/wp-json\/wp\/v2\/tags?post=3879"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}