No recruiter wants to hire underqualified candidates. However, avoiding these recruitment mistakes is very difficult for most businesses. After making the wrong recruitment, recruiters have to spend even more company resources on finding replacement candidates. These repetitive processes can take a toll on any business. The effects of a wrong hire are massive –

• Loss in Productivity:Time and resources spent training the wrong candidates impacts a business’ productivity levels. Typically, replacing a candidate costs companies 20% of their salary. More significantly, wrong hires can completely upset the company culture and indirectly lead to loss of revenue.
• Financial Costs:According to a 2017 survey, on average, businesses lost $14,900 on every wrong recruitment. Given that over 70% of employers admit to making mistakes while hiring candidates, the financial consequences are massive. After finding out that the candidates they hired are not up to the mark, they have to pay more to find the correct candidates. Second or third recruitment processes can drain a business financially. Creating and posting job advertisements, going through another round of CVs, facilitating interviews, are all extremely costly processes.
• Work Culture:Wrong recruits can damage the morale of the business’s existing employees. To cover for the recruiters’ mistake, they may have to take up extra responsibilities or spend time training the wrong candidate. Getting over this feeling of dissatisfaction as a team is very difficult.

Luckily, businesses can now team up with a Skills Assessment Test Company to avoid poor recruitment.

What Are Skills Assessment Test Companies?

Skills assessment test companies are professionals who draft highly job-specific assessment tests to screen candidates. A candidate who passes these tests is more likely to possess the necessary skills to apply for certain positions in a company.

Compared to traditional methods of selecting candidates, these assessment tests are far more efficient. They give employers a clear indication of the candidates’ efficiency.

Unlike traditional recruitment processes like reviewing resumes or conducting face-to-face interviews, there’s little scope of error with these test companies. Candidates can’t lie or ‘hustle’ their way into jobs. They have to prove whether they’re fit for a job by passing difficult tests. The best skills assessment test companies not only test the candidates’technical skills; they also assess their practical skills. By passing these tests, candidates can prove whether they’re fit for the job responsibilities. Other factors, such as the company culture, daily expectations from the candidates, can also be included in these skills assessment tests.

Here’s how skills assessment test companies help recruiters cut costs –

Avoid Fakers and Liars

Most candidates lie about their abilities in job interviews and their resumes. What’s worse is that recruiters don’t have many tools to test the truthfulness of their candidates. They have these options –

• Reference Checks:Using backchannel references is the only way to surmise whether candidates are lying about their past job experiences. But, exercising this option when a company is hiring ten or more candidates can be extremely time-consuming.
• Checking Public Profiles:Nowadays, quick checks of candidates’ public profiles (e.g., LinkedIn, Facebook, etc.) don’t’ mean much. If candidates can lie on their resumes, they can lie on their LinkedIn profiles.
• Objective Measurements:Companies can allocate a share of their budget to create specific exams for their candidates. This process of testing applicants is very time and resource-draining.

Compared to these time and labor-intensive processes, skills assessment test companies offer a far better solution. They ensure that a healthy stream of legitimate candidates is always available for companies. There’s no scope for lying on skill assessment tests. Even before scheduling interviews, employers can substantiate just how capable their candidates are.

Avoiding Underqualified Candidates

In 2019, 75% of recruitment professionals reported that there’s a serious shortage of skills in most industries. The lack of discernible skills in candidates is extremely concerning for businesses. The worst fear for these companies is having to work with the least-qualified candidates.

Skills assessment test companies help businesses address this shortage of skills in job candidates. Their tests provide constructive insights into the skills of candidates. They may even reveal the types of skills the applicants must upgrade to become worthy of a job. These tests help businesses by –

• Giving recruiters detailed scoring reports of the applicants.
• Help the company switch to making data-driven recruitment decisions.
• Reach the best and the most qualified talent in the market.
• Verify the level of aptitude needed to complete specific responsibilities.
• Create a highly-efficient and data-driven screening process involving job-specific assessments.

Skill Assessment Tests Make Businesses More Profitable

Access to a better breed of candidates makes companies more efficient and consequently more profitable. Recruiters who team up with these companies to screen candidates feel more satisfied with their recruits. Their satisfaction spreads to other members of the workforce. Since candidates who pass pre-hire tests are more likely to exceed performance objectives, there’s a significant improvement in workforce morale as well.