London, October 24, 2018 – As the battle for talent wages on, two-fifths of job-seekers are being hired into new roles only to discover they have the wrong soft skills for the job, and over half (53%) are leaving companies because their personality or work style didn’t fit. So say the results of new research commissioned by HireVue, provider of the most comprehensive AI-driven talent assessment suite and video interviewing solutions, which sought to examine the current state of pre-hire assessments and the impact they are having on talent acquisition.
With 53% of those who had left for this reason saying the format of the hiring process had prevented them from discovering the mismatch earlier, the research – which questioned over 2,500 job-seekers across Europe and the US – revealed that companies’ current approach to pre-hire assessments leaves much to be desired. This offers recruitment professionals a golden opportunity to deliver a more positive experience and better match candidates’ innate skills and abilities to the roles they are trying to fill.
Further key findings from the research include:
The research also highlighted clear room for improvement in the experience of taking pre-hire assessments:
“This study demonstrates a real urgency for organizations to reimagine their approach to identifying and retaining the best talent for the job,” said Clemens Aichholzer, Senior Vice President of Game-Based Assessments, HireVue. “This becomes even more critical when you consider that candidates are often customers, and their interaction in the hiring process will impact how they engage with the brand in the future. Indeed, according to our research, over a quarter will engage more with the company on a personal level after a positive assessment experience.
“At the moment, organizations clearly aren’t assessing for the right attributes, and that is setting candidates up for failure later on. Companies should consider more modern assessment methods such as scientifically-designed games and video interviews, which contribute to a faster, more candidate-centric application process but are also extremely effective at predicting an applicant’s potential and matching him or her to the right job. This benefits everybody: recruitment leaders can cast a wider net and then choose from a better qualified and more diverse pool of applicants; candidates feel valued and engaged throughout the hiring process; and organizations boost their bottom line by finding talent that will thrive, while minimizing churn.”
Vanson Bourne, the research firm that conducted the survey, interviewed 2,500 job seekers in the following countries: the UK, US, France and Germany (500 respondents in UK, France and Germany, and 1,000 in the US). For the purposes of this research, pre-hire assessments apply to multiple choice questionnaires, personality tests, situational judgment tests, written tests, job trials, presentations, assessment centres, game-based challenges, video interviews, and technical coding challenges. Fieldwork was conducted in September/October 2018.
Across the globe, HireVue is transforming the way companies discover, hire and develop the best talent with Hiring Intelligence and its HireVue Video Interviewing platform. Using a combination of validated industrial/organizational science and rigorously tested, predictive artificial intelligence, recruiting experts are hiring higher quality talent, faster. HireVue is available worldwide in over 30 languages and has hosted more than eight million on-demand interviews for more than 700 customers worldwide, including over one-third of the Fortune 100 and leading brands such as Vodafone, Intel, Hilton, HealthSouth, Qantas and Carnival Cruise Lines. For more information, visit hirevue.com.
MindX is a next-generation predictive hiring and talent analytics platform. The company’s software tools integrate the latest advancements in game technology, psychometrics and machine learning, empowering employers to attract, identify, engage and develop the best talents. MindX game-based assessments are valid, fair, and reliable psychometric measures. The company’s technology allows for two-way HR system integration and plays a central role in recruitment process automation.