Corporate

Corporate

Biotech-5

Talent Assessment

The assessment landscape is transforming due to the changing customer needs. Companies want to provide enhanced candidate experience and get reliable outcomes that improve the quality of new hires. After all, the end goal of rolling out an assessment is to get quality talent that stays loyal to the organization in the long run. That is why the first thing employers should aim for is selecting the right assessment tool for different needs. However, one is bound to get overwhelmed with the number of options available in the market.

Benefits

Talent assessment has become a need of the hour for Human Resource professionals because the fight to get high-potential employees is fiercer than ever. If used in the right manner, talent assessment results in significant productivity increases, cost savings and decreased attrition.
Biotech-7

As industry leaders, we are focused on driving innovation and solving problems every single day.

Facts

1

Around 72.8% of organizations are struggling to find relevant candidates!

2

Around 72.8% of organizations are struggling to find relevant candidates!

3

Compensation - The second major obstacle to hiring which represents 43%!

4

Competition - The third major obstacle to hiring which represents 39%!

5

Cost of hiring - The average cost to hire an employee is $4,129, with around 42 days to fill a position!

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Food for thought!

The human resources aspire to not only identify brilliance but also grab it at the earliest to stay ahead of competitors. In this mad rush to procure the best, organizations not only shell out large sums of money, but time and other resources also. Not to forget the far-reaching implications that come along with making a bad hire.
Biotech-5

A piece of advice from experts

Based on the latest researches conducted by specialized hubs like LinkedIn and Forbes, it was found that Employers want to know that candidates fit into the career, are able to learn quickly, and be responsive to the task at hand. Statistics show that 93% of employers believe that critical thinking, communication and problem solving are more important than a job candidate’s undergraduate field of study. Furthermore, 95% of employers are looking for candidates whose skills translate into out-of-the-box thinking and innovation, as many of the jobs filled today come with challenges that are more complex than in the past.

Interested in finding out more? Get in touch.