The strength of every company lies in its employees.
Making new hires will inevitably cause a change in the company’s energy, environment, and culture.
As reported by the Undercover Recruiter, single poor hiring may cost a company $240,000. These are divided into hiring, salary, and retention expenses.
To keep the risk at bay, you must consider pre-employment testing.
Again, you can’t invest all of your time and people in recruiting. And this is where the talent assessment platforms come in.
What are the challenges you may face in technical hiring?
Before you know what the best talent assessment tools do for you, let’s look at the elephants in the room.
Lack of talent
According to a recent worldwide survey by Gartner, talent shortages are IT leaders’ top concern when adopting 64% of upcoming technologies, even more so than concerns about cost and security.
Competition with other industries
Only tech industries are also hunting for tech talent and other sectors. From January to June of 2022, job listings for tech-focused jobs throughout the economy increased by 45% and 52% compared to the same time in 2021, as reported in Dice’s latest Tech Job Report.
The rapid change in market needs
It’s no secret that since the day of innovation of technology, it’s going through a sea of changes now and then.
Biases in recruitment
Biases keep you from leveraging tech talents. BrightTalk reports that 79% of HR managers agree unconscious bias affects both hiring and promotion choices.
Lengthy process
This age-old process is multi-layered and time-consuming. The hiring managers and the entire team become less productive during this tedious process.
What is a talent assessment?
To decide whether an applicant has the necessary abilities and experience for a particular job opening, businesses sometimes use a “talent assessment.” Companies often use more than one approach to evaluate potential employees’ skills and abilities.
What can you do with a talent assessment platform?
Gauge the skills
It is impossible to gauge a candidate’s skills through a CV. According to a 2020 ResumeLab survey, most job seekers exclude one or two details from their resumes.
The talent assessment platforms help you to customise your skill-specific assessments according to your requirement and get to know about a candidate’s expertise in a skill beforehand.
Improve candidate experience
According to a Recruitment Brief’s report, around 80-90% of candidates claim that their decision to apply for a job role may change because of one positive or negative candidate experience.
Such tools will guide the candidate through the whole assessment process. And another best part is they are on duty 24/7.
So if the candidates have doubts, this tool will solve them without disturbing your coffee break.
Remove biases
Sometimes a candidate becomes a victim of unconscious bias in recruitment.
This type of bias is hard to detect at the first step. But it will break the harmony for sure. A talent assessment tool will help you keep everything clean.
Hide any detailed information such as age, gender, race- anything that can breed discrimination.
Cheat-proof assessment
You can remove biases, craft a fantastic assessment and spend hours and hours finalising the candidates. But everything will be in vain if a candidate tries to be honest in the evaluation.
Traditionally, you can not find loopholes.
But this online recruitment assessment leaves no room for that.
Filter out the best-fitted one
Recruiters need the ability to make data-driven choices, which can only be achieved with access to relevant data and analytics, to optimise the recruiting funnel.
Additionally, the software provides quantitative data on how attentive and methodical an applicant is when answering exam questions.
Hire faster
A talent assessment tool serves multiple purposes.
It is also a single hub for applications and resumes. You can render the tedious process of sorting through stacks of papers.
It eliminates many unnecessary procedures, and you can reduce hiring time with automation.
Improve employee retention
You aim to have an employee beside you for longer as you spend too much energy, money and time in the tech hiring process.
A platform like this automates the entire recruitment process and improves internal communication. So not just hire the better one, keep the best one closer.
Better company-brand image
When introducing a tool like this, you improve your company’s brand image. 84% of job searchers feel a company’s reputation as an employer is crucial when choosing where to apply for a job.
So using this tool, you attract the right talents to improve your employer branding.
Conclusion
According to 68% of recruitment experts, investing in new recruiting technology is the smartest method to increase recruiting effectiveness. You could see the reason behind it already.
So, pick one from the pool of efficient technical assessment tools after deciding your budget and requirements.
Testlify allows you to take a shortcut to the tech recruitment process and hire a better candidate faster than your competitors!
