Why Use Pre-Employment Testing?
Are you hiring the best people? If not, this can be extremely costly. According to the U.S. Department of Labor and the U.S. Bureau of Labor Statistics, the average cost of making a bad hiring decision can equal 30% of an applicant’s first-year potential earnings. Too often, companies rely solely on background checks and employment interviews when doing applicant assessments. These are valid techniques but, used alone, are not sufficient. Testing needs to be included.
Benefits of Using HireSmarter
- Assesses strengths and potential weaknesses in relation to a particular position
- Estimates the likelihood of a candidate’s future success on the job
- Assesses numerous cognitive abilities and personality traits
- Improves employee retention
- Spots your best candidates expeditiously
- Helps employers to proactively identify developmental needs for new hires rather than waiting for problems to arise
How HireSmarter Works
HireSmarter is administered online with instantaneous results. It takes a candidate approximately 50 minutes to complete the test. HireSmarter assesses a candidate’s work style by measuring 30 different facets of personality, as well as several key problem-solving abilities.
A baseline score is a score from 0 to 100 that accounts for a candidate’s relative probability of success on the job. In other words, it is a statistically optimal, weighted composite score that is specific to a job. Researchers have shown in over 200 studies that it is critical to combine the measures in an optimal fashion -- even when you measure the right variables -- as opposed eyeballing the data and making an “expert” judgment. This is absolutely essential to maximizing your hiring success rate, and it’s an area where most organizations and hiring experts fall short.
We Know the Secrets of Success
We track the success rate, also known as hit rate, of all candidates using HireSmarter. At one year, over 90% of our recommended candidates are rated by their immediate manager as “would hire again.” The traditional success rate of candidates hired using only background checks and/or interviews is merely between 50% and 70%.
Our professional fee for HireSmarter is $98.00 per candidate.