Talent Acquisition Through Way!

download Talent Acquisition Through  Way!

If you can't read please download the document

Transcript of Talent Acquisition Through Way!

Slide 1

Talent-Acquisition Tool (TAT): A Scientific Way of Hiring!

1

www.mycompetencybuilder.com 1.0 Why Employees leave?

Expectation not metMismatch between the person & the roleMismatch between the person & the culture of the organizationInsufficient opportunities for growth & advancementInsufficient R & RProblems with immediate RMDissatisfaction with PayStress Work, long hoursLack of Work life balanceLoss of confidence in the organization, particularly leadership.

Why Employees leave?

www.mycompetencybuilder.comevery Attrition Costs Organization dearly.

loosing 2.5 times the salary of an employee every year for one wrong hire !

37% cost is involved in every recruitment & training !

University of Michigan ,2014

36% employees leave the Job due to mismatch of role/cultureThe Dice Report,2014

30% hired people leave the Job due to expectation not met!The Dice Report,2014

Loosing 40% of time hiring and training every new worker ! Mary Lorenz in Insights & Trends

Lost productivity 41% Mary Lorenz in Insights & Trends

Root Cause?

Talent Acquisition Through Unscientific Way

Talent Acquisition is directly proportional to Attrition

A typical TA process can only increase the best candidates hiring probability by 2%University of Michigan, 2014

Advertisement / Spreading WoMCoordination CostHead hunting / TA Admin Cost Interview Panel's salary CostInterview Panel's other CostCandidate's Reimbursement CostNotice Period Buy outRelocation CostJoining Bonus CostOverlapping/ Vacuum CostA Typical TA Cost Sheet

Overall Impact of Attrition

49% Customer Complaints

62 % have negative attitudes

62 % Failure to work with other employees

48 % Failure to meet deadlines

63% Failure to produce quality of work

Source: The hiring site,2014Impact of Attrition

www.mycompetencybuilder.com An Impact of Traditional Interviews

1

2

3

4

5

Measuring CompetenciesDifficulty in Measuring Competencies of candidates for shortlisting

19

3

4

5

1

Non ScientificEvaluationScientific evaluation system is still a great challenge in hiring process

2

2

4

5

1

Knowing Performance CapacityIts really difficult to judge the future performance capacity of the candidate before Hiring

3

2

3

5

1

Perception Based HiringIdentifying Real talent within few minutes of interview always a big challenge/risk

4

2

3

4

1

No Scientific Assessment of KSACandidates with good communication are hired 90% of the times , without knowing their knowledge, skill & attitude

5

4

5

7

3

Lack of Proper Pre-Assessment

Too much of training cost after hiring due to lack of proper pre-assessment tools

6

Time Consuming & less value addition

4

5

7

3

6

Time Consuming

www.mycompetencybuilder.com Research Reveals that..

An unscientific way of hiring employees through traditional interview process is just 2% effective where as hiring through CBI based interview coupled with Pre Employment Test ensures 98% of effectiveness.

What

toDo Now?

Replace Traditional TA processwith PET

Replace Traditional Interview with CBI

How can TAT helps organizations in TA ?

1Shortlisting of Right Candidates

2Increase % of hiring of Right Candidate

3Alignment of Selection Process to Business Objective

4Higher Productivity

5Increase Employees Retention

6Reduce turnover & training costs

7Higher Sales Revenue and C-SatBenefits

2. Skill Set3. Knowledge Level

1. Attitude & AptitudeASKMeasuring Job Specific

12

3 Attitude-Behavioral TestsSkill - Essential TestsTechnical/Domain Tests

www.mycompetencybuilder.comPredictiveIndexFIRO-BMBTIAppreciationPerceiving Vs ThinkingThomas ProfilingKPI MeasurementSelf EfficacyVisualizationWrittenCommunicationReasoning Emotional QuotientDepression LevelPersuading & InfluencingListeningIntelligent QuotientTeam skillAptitude Motivation LevelAssertivenessDisciplineSelf EsteemEnthusiasmLearning SkillFlexibilityIntuitive/Fact BasedBehavioral Competencies..

www.mycompetencybuilder.comProblem solvingData AnalysisWorking To DeadlinesOrganizing & PlanningLateral ThinkingAccepting ResponsibilitiesReporting & AnalysisTeam SkillQuick LearningInvestigating & ResearchingSelf ReliantLeadershipCommunicationCommercial acumen NegotiationConflict ResolutionPersuading & InfluencingListeningSummarizing DataSupporting OthersTraining & CoachingLatest Management Tools Essential Competencies..

TS 16949ISO 9001LAMP FrameworkIRDA Process & SystemsExperimental LearningRetail OperationsBSC TPMProblem Solving Tools KanbanSix SigmaIntelligent QuotientOHSAS 18001TOC Data CrunchingEIC AnalysisBPO/KPO/LPOSMEDBusiness CaseTL 9000Interpersonal Skill DevelopmentIndustry Standards ISO 14001Analysis ToolsCustomer EngagementEmployees engagementHumanSigmaDSSBPREVAPCMMLevel 5 EFQMKaizen5SCore CompetenceMicro Banking BrainstormingTechnical Competencies..Cisco Network DesignTermination and TestingKinematicsPneumatics

www.mycompetencybuilder.com Talent Acquisition Tool (TAT) Assists you by..

After log in youll get these two sectionsTwo Ways, OneHiring from a large pool of Students across the country & Testing Evaluating Your Existing Team & New Hirer by a Scientific Testing ServicesJust By Two Ways

39

Just a simple way to Register!

Corporate DashboardAt a glance you can Monitor your TA just by this Dashboard!

Hiring from Database

You can select freshers be it B.Tech or MBA or B.Pharm or simple graduates from across the country with a large pool of active on-line data.

Campus Hiring Plan

You can plan your Freshers hiring just by a click away!

Vacancy Posting

Even you can post vacancy for freshers on our site where 3 million s students are actively browsing

Pre Employment Testing

Other than new hirer it is a great way to measure even your existing teams overall personality, innovation, creativity , team spirit, time management, etc.

Testing Batteries

Here you can select tests from Behavioural, Essential Skills, & Technical Domain. Even you can customize by yourself

Test Batteries

Just select Test for different categories of employees based on your organization hierarchies

GD Rating Form

If planning for GD

A real time & scientific way to evaluate Group Discussion

After PET, you can evaluate candidates in Personal Interview on-line on scientific way. No more perception based hiring..

Testing Services

A plethora of tests which can be customized by yourself & follow accordingly for all new hiring..

Assigning Tests to Employees

You can evaluate your existing employees strengths based on these scientific & proven tests

Tests ReportsOnce your existing/potential employees have appeared in the tests . In this panel you can check the test reports

A Sales Test ReportA Sample Test Report

A Sample Sales Test Report

BenefitsA complete end-to-end purely scientific TA solution

You can get a complete 360 degrees profile of a potential/existing employees

Behavioral, Essential & Technical scientific tests are available for all industries & its profession

All on-line & no human error

Reduced Turn Around Time for TA process atleast by 60%

A scientific way to acquire talent in the organization

A large pool of freshers viz., engineering, management & pharmacy across the country can be accessed on-line free of cost

TA Analytics

Contact Number : +91 93704 65837 +91 89623 45600

Since there is no cost involved in using TAT, please call us to activate your service immediately

Wishing You A Great Beginning !