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in Performance Management

Should you invest in a Talent System?

Key to better hiring decisions

Talent provide a wealth of information to help recruiters understand how people think and behave the way they do, from an employability perspective. From simulations to interviews, there are a number of different candidate assessment tools that organizations use to find, hire, and keep talent that drives their business forward. Best-in-class organizations use assessments as a fundamental piece of the talent management process within each stage of the employment lifecycle – critical to making better hiring decisions to improving post-hire performance and career progression.

Varied uses of assessment tools

Organizations are realizing just now how beneficial the use of utilizing talent can be in the recruiting and hiring process. While there are many great benefits; diversity, cost/time savings, and “culture fit” are at the top of the list. Companies have changed how they use talent. This type of testing is not used just for testing skills, knowledge, and ability Instead, now assessments are being used to determine creativity, leadership skills, ability to deal with stress, integrity, and much more. Assessments help bring clarity as to which job candidate is going to be a successful hire. Companies are also customizing these assessments to meet the specific needs of their business and to obtain real time data about their candidate pool.

You may think, the use of these tools are limited only to external recruitment. In the present scenario, Talent are also being effectively leveraged for internal recruitment, and to detect potential leaders within the workplace. Having your existing employees take these assessments has multiple advantages such as:

  • Building competency models to outline individual building blocks for career growth and to aid in training and development of employees.
  • Assessing high-potential successors for key leadership positions and preparing development plans to groom these individuals.
  • Facilitating a review of the organization’s business objectives and identifying critical knowledge, skills, and abilities.

Greater insight into candidates’ abilities

In today’s business world, HR data and analytics functions are making talent evaluation much easier, helping organizations gain a deeper insight into candidates. Evaluation requires a disciplined approach to identifying, collecting, and analyzing the data that is associated with a successful hire, what works and what doesn’t, from the organization’s perspective. Employees and job candidates have a broad range of skills, abilities, and work styles. These differences are not always apparent on a resume or during an interview, so predictive analytics can give you a holistic view for understanding what the candidate has to offer.

If your company relies exclusively on a traditional in-person interview process, checking mental boxes as interviewees answer the same old questions, it’s time for a change to stay ahead of the pack. If your company has not yet started using assessment systems as part of the evaluation process, look no further- Weeting Talent Assessment is just the tool that you need.

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