In 2014, the average time-to-hire was 22.9 days, according to Glassdoor. What happens in these 22.9 days?
Nearly every hiring process utilizes interviews as a primary selection tool. Companies conduct multiple interviews in hopes that each additional interview would result in a more accurate decision. In reality, the marginal benefit of each interview decreases.
With the introduction of pre-employment testing, hiring can be more efficient while taking less time. Here is why:
Find quality hires other companies are missing.
Pre-employment assessments enable recruiters to evaluate a wider pool of candidates. Many candidates are filtered out before even getting an interview, because the cost of interviewing every possible candidate is too high. Pre-employment tests give every candidate the opportunity to advance in the hiring process.
Cutting off bad candidates earlier.
How many candidates have you seen come in for a multi-session interview day, only to have the hiring team nix the candidate after the first session? How many phone screens are wasted after the candidate reveals in the opening minutes that he’s not qualified for the job?
Pre-employment tests quickly and economically filter out unqualified candidates, saving time for everyone.
Overall faster time-to-hire.
Interviews reveal only a limited dimension of the candidate to the employer. With the accuracy provided by pre-employment testing, employers are given a more complete picture of who the candidate is, thus providing a more clear cut, focused ability in analyzing a candidate.
Pre-employment tests help you spend less time on the wrong candidates and more quickly identify the right candidates.
Originally posted on the Candidate Metrics blog. Visit us for more content on hiring assessments!
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