Psychometrics is the science of measuring and understanding human personality, abilities, behavior and potential. Given the obvious pressures on companies to avoid costly hiring mistakes, psychometrics can be an invaluable tool to help make more informed and better-quality hiring decisions.
Using psychometrics for hiring has been around since the 1920s, though has developed due to easier use via digital technologies and therefore greater experience and confidence as a tool in recruitment, career development and workforce development.
By incorporating psychometric tests in the hiring process, organizations can benefit in a variety of ways:
- Improved Efficiency: Psychometric tests allow employers to identify suitable candidates fast!
- Greater Accuracy: Psychometric tests provide reliable data to make more informed, objective, and accurate hiring decisions, thus improving confidence when making hiring decisions.
- Reduced hiring costs: The costs of a bad hire are eye watering and happen far more often than hiring managers like to admit. By both speeding up the process and improving the quality of hiring decisions, psychometrics can substantially reduce your hiring costs.
In short, if predictably making better and more informed hiring decisions is important, it’s time to consider incorporating psychometrics! Please get in touch if you would like to know more!