It’s a well-known fact that bad hires are a costly affair. According to one research, the cost is as high as five times the annual salary of the individual. While there may be a number of reason why a candidate leaves – including lack of clarity, misaligned expectations and lack of candidate fit, being able to assess a candidate holistically will be critical to recruitment.
Emerging technologies are now making it possible for recruiters to go beyond assessing just job-related skills. They can help assess behavioral traits and also map whether the said candidate would fit the job role. For example, is a candidate introverted or extroverted? And therefore which specific job role could he or she be aligned to? Sales or Coding? The possibilities are endless.
Here's what are will cover:
- Why is holistic ‘candidate’ assessment a critical first step in hiring?
- What are the latest technology based advances in assessing candidates and employees that you should be aware about?
- How are assessments helping the HR function take decisions throughout the employee life cycle? From identifying skills gap to aligning learning courses?
- How are progressive organizations making the most of technology based assessments?