The Benefits of Online Assessments [Infographic]

THE BENEFITS of online assessments 

[INFOGRAPHIC] 

Benefits of Online Assessments


The Challenges of Recruiters


  • Resumes are notoriously unreliable. 78% contain misleading statements and 46% contain an actual lie. 
  • Nearly 3 out of 4 Employers are Affected by Bad Hires  
  • Making bad hires is expensive. According to a 2017 survey, companies lose $15,000 yearly on bad hires

Heading 2: The Benefits of Assessments

5 Benefits of Online Assessments


Speed 

Pre-employment tests limit the hours spent on time-consuming recruiting activities by making it easier to discover the right candidates with the most potential for success on the job


Employee Retention

A study done in a call center reported that employees with higher test scores were both less likely to be fired and less likely to quit. The 6-month retention rate for low scoring employees was 56%, while the rate for high scoring employees was 67%


Hiring Manager Satisfaction

Using assessments resulted in 36% increased hiring satisfaction among hiring managers.


Turnover Rate

A 2017 study found out that assessments help lower turnover rate by 39%.


Performance

An Aberdeen study found out that companies who use pre-hire assessments are 24% more likely to have employees who exceed performance goals (suggested to use successful employee icon) 


Common Types of Assessments

  1. Personality 
  2. IQ
  3. Hard skills
  4. Culture fit
  5. Leadership
  6. EQ


Sources:

1. http://press.careerbuilder.com/2017-12-07-Nearly-Three-in-Four-Employers-Affected-by-a-Bad-Hire-According-to-a-Recent-CareerBuilder-Survey

2. http://press.careerbuilder.com/2017-12-07-Nearly-Three-in-Four-Employers-Affected-by-a-Bad-Hire-According-to-a-Recent-CareerBuilder-Survey

3.  https://www.aberdeen.com/hcm-essentials/the-pros-and-cons-of-pre-employment-screenings/

4. https://medium.com/hr-blog-resources/top-5-skill-assessment-testing-statistics-you-should-know-db2725135f9e

5.  https://www.criteriacorp.com/resources/definitive_guide_benefits_of_preemployment_tests.php


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