Employees are always looking to iterate on the hiring process. To make it more efficient, accurate and effective. Because, let’s face it, hiring has a huge impact on the bottom line. With the advancement of psychological sciences, a tool that has been gaining popularity recently is the use of psychometric assessment. These tests can provide a company with valuable insights into a candidate’s overall potential within the context of the company. This translates directly into job performance. Let us take a comprehensive look into the use of this new hiring tool and its benefits.
What are Psychometric Assessments?
These are a type of test that usually measures three things about a candidate. Their cognitive capabilities, personality traits, and their behavioral tendencies can be assessed using these tests. These tests will be able to provide objective data about the candidate’s specialized strengths and weaknesses. These tests can be used for a variety of purposes and not only for hire. They can be used for employee training as well as career development.
Types of Psychometric Assessments
There are many different types of psychometric assessment. Each one is designed to measure a specific part of a person’s potential. Listed below are the most commonly used that make up the assessment.
Cognitive Ability Tests
Cognitive ability tests, also more popularly known as aptitude tests, are used to measure a person’s general intelligence and also their cognitive abilities. These tests also can have verbal reasoning, numerical reasoning, and abstract reasoning as well.
Personality Tests
Having a good understanding of the potential hire’s personality traits allows the hiring team to make a sound decision about the fit of the candidate to that particular company’s work culture. Psychometric assessment assesses emotional stability, extra or introversion, and also other important personality factors.
Situational Judgment Tests
Situational judgment tests basically test how well a candidate can handle different situations that are likely to arise in a workplace. These can include scenarios of dealing with a difficult customer and can also include dealing with difficult team members.
Emotional Intelligence Tests
Emotional intelligence is a highly valued metric in today’s corporate world. It is the ability of a person to perceive, understand and also manage emotions. This allows a person to work well with others and also handle stress and pressure.
Benefits of Psychometric Assessments for Hiring
To conclude, there are several benefits to using psychometric assessment for hiring:
Objectivity
The data provided by a psychometric assessment is objective data since it is from a scientifically designed standardized test. This helps to remove any form of human bias from the hiring process. Therefore, candidates can be hired based on their qualifications and their potential job capabilities.
Predictive
These tests have shown a good amount of predictive performance in choosing the right candidate.
Time and Cost Savings
Using psychometric assessment can help to streamline the hiring process and save time and money. There have been many real-world cases where this has happened, which is why they are used almost ubiquitously for hiring.
Also, Read – A Brief Note on the Future of Assessments
