Psychometric testing is often used by organisations for two main reasons:
1. A means of candidate assessment and selection.
2. A way to highlight areas of strength and potential for development with existing staff.
CVs can be written by other people. Answers to generic competency questions can be extensively prepared before interviews. Psychometric testing can help uncover what is behind the glossy looking CV and textbook responses.
The hiring of new staff is a time-consuming and expensive process, and one that can prove even more costly if the wrong candidate is appointed. There is always a risk when taking on new members of staff, and psychometric testing can significantly reduce hiring errors through highlighting potential skill gaps and / or potential working style / cultural concerns early in the process. These findings can be used during the face to face interview to probe any areas that might be of concern.
Developing your staff is not only essential for the betterment of your business, but it is also key for staff retention. Individuals wish to improve, learn new skills and ultimately progress within an organisation. Who are your rising stars? And how are you going to mould them into your executives of the future?
What we can do for you
We use online testing providers who have a large footprint and database within the financial services sector meaning that we are able to compare your candidate’s performance with industry peers.
We can arrange assessments for specific systems / programs and can determine a candidate’s proficiency with specific essential tools that your organisation might use (Excel, Sas, Microsoft Suite, Java, Powerpoint – plus many more).
Assessments can also be raised to analyse a candidate’s proficiency for broader skills – such as verbal reasoning, numerical reasoning, data entry, customer service scenarios, time management (plus many more).
Personality profiling can be issued to individuals to determine their preferred working style and natural leadership approach and also provide insight into what their motivating factors are.