Hiring is continuing to strengthen according to the US Department of Labor as employers added 223,000 jobs in June 2015 as the labor market posted its third straight month of solid gains. As unemployment slides, this has a significant impact on the economy as businesses expand and hire new employees. But are businesses hiring the right people?
One major complaint many companies – regardless of industry – are registering is that they cannot find good people. The answer is surprisingly simple and it has less to do with the labor pool and more to do with their internal processes. Namely, they are not using science and research to guide the decision making process when hiring, relying instead on what ultimately amounts to gut decisions or frankly in some cases, prayer. These same businesses would never think of purchasing a new piece of equipment or other system without thoroughly vetting the subject. But when it comes to people? “The old 90 day probation period should work out fine.”
Except relying on probation periods doesn’t drive results. Smart companies use behavioral assessments to help aid the hiring process. But here again there can be trouble. Not all assessments drive results. Why is that? Again, the answer is simple. They are based on different science.
As has been reported recently, some of these assessments can take 45 minutes to over an hour for an applicant to complete. Some ask questions that leave the applicant anxious, worried, and stressed out. Some are “either/or” questions that don’t truly reveal the motivating needs of the individual. And while the findings can be interesting, sadly most do not predict how a candidate will actually perform.
The smartest companies are the ones that do use assessments, that is designed to be in compliance with the EEOC standards, that only take about 10 minutes to complete and that will not only predict how the candidate will perform as an employee, but (post hire) provide management training and performance management strategies to improve performance and productivity. That is how smart business drive business results.