You may have wondered what talent assessment tools are and how effective they can be in the hiring process.
According to a new report by McDermott & Bull, employers like them because they can reduce the time and cost of recruiting new staff and can result in increased productivity, cost savings and better retention among top employees.
Formal assessments can be used to hire new employees, evaluate current employees for different roles, identify employees with high leadership potential, and understand talent strengths and gaps.
The term ‘assessment’ may encompass a wide variety of tools, including online test taking, resume review, application processes, personal references, background checks and interviews, said Brandon Biegenzahn, president of the search firm.
“Few candidates like a drawn-out hiring process, so organizations often use a broad array of techniques to select the right talent assessment tool,” he said.
“Advancements in technology have made all types of assessments more user-friendly and accessible to a wider audience.”
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