The Facts of Employing People:
- Your chief task when recruiting a person the task is to predict accurately whether s/he will fit the role, not whether they can do the job (that’s easy).
- Interviews alone are unreliable in predicting a person's performance in a job. Research reveals that psychometric assessments are 4 times more accurate than interviewing in predicting a person's performance.
- Mis-hires are costly. A failed recruitment or promotion will cost your company a minimum of $80,000 per person. Executive mis-hires cost you 4 times the remuneration package. ExecSearch Executive Assessments reduce both recruitment errors and costs. Mistakes cost lots; assessments cost little.
- Measure the constants not the variables. Personality is constant over time. Personality is the constant that underlies a person's performance. That’s why we measure it. The person is the constant; the job is the variable.
- Assess the Person and the Job. For us, assessing people is easy. We’ve done it for decades. The trick is to also assess the job, then put see how the person fits the job (or not). That’s not so easy. That’s why we charge for it.
- Informal Demands > Formal Demands. Every role has
formal demands
(e.g., education, technical expertise, etc.) and informal demands (e.g.,
personality, interpersonal style, etc.).
Informal demands have greater impact than formal demands upon job performance because they refer to the unchanging aspects of a person. Informal demands are difficult to detect (that is, unless you use ExecSearch Executive Assessments).
ExecSearch Executive Assessments detail how a person will function in a specific job within your company. That’s worth gold to you. And that’s a fact.