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An organization is as successful as its employees - when employees succeed, the business grows. However, even the most skilled employees often need direction and encouragement to succeed at their job.
Hiring employees can be a tedious process that involves several expensive and complicated steps. As a result, many companies need help to source, vet, assess, hire, and onboard candidates efficiently.
Finding it hard to evaluate your employees’ core skills? Unable to have a clear-cut view of the widening skill gap? A skills management software can help fix your talent woes.
All organizations, regardless of size and industry, seek the right talent to fuel their growth. But, finding this talent can be a daunting task. From shortlisting profiles to assessing their skills, there's a lot that needs to be done by HR. Thankfully, to simplify the process, different candidate assessment tools are now available.
Recruiting suitable candidates for any job is vital to the success of any organization. However, finding the right fit comes with many challenges for recruiters, especially when dealing with a large pool of applicants.
Studies show that about 76% of companies with more than 100 employees rely on recruiting assessment tools for skills and personality tests for hiring. And over the next few years, that figure is expected to climb to 88%.
Recruiters often face challenges when it comes to screening and selecting a candidate. The hiring process can be lengthy, time-consuming, and costly. Additionally, there's always a risk of unconscious bias that creeps in, which can affect diversity and inclusion in the workplace.
Employee skill and knowledge gaps are becoming a challenge and affecting an organization’s overall productivity. According to McKinsey & Company, 87 percent of the companies all over the world know that their employees either have a skill gap or will have one in the coming years.
Finding the ideal candidate in today’s hyper-competitive job market is more challenging than ever. Traditional hiring methods often fall short in identifying top talent, leading to costly mis-hires and extended recruitment cycles. Companies need an efficient, data-driven approach to evaluate candidates beyond just resumes.
Traditionally, pre-employment assessments were manual, time-consuming, cost ineffective, and almost always had a tendency to be subjective and biased. They weren’t created keeping a specific job role in mind, so predicting a candidate’s on-the-job performance was impossible with those assessments.
Traditionally, talent acquisition has always relied on 'gut feeling' and intuition. But that isn't the best measure in today's world. In the last few years, the industry has been changing working patterns, changing EVPs, and new-hire attrition increasing well over 15%.
