Why Organizations Should Utilize Assessments by CATALYST Training Services Inc.

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Why Organizations Why Organizations Should Utilize Should Utilize Assessments Assessments by by CATALYST CATALYST Training Services Inc. Training Services Inc.

Transcript of Why Organizations Should Utilize Assessments by CATALYST Training Services Inc.

Page 1: Why Organizations Should Utilize Assessments by CATALYST Training Services Inc.

Why Organizations Should Why Organizations Should Utilize AssessmentsUtilize Assessments

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CATALYSTCATALYSTTraining Services Inc.Training Services Inc.

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Background FactsBackground Facts

• A recent study by The Society for HR Management indicates that a bad hire can cost your company anywhere from $20,000 for intermediate positions to $300,000 for a sales position.

• A study by DDI International concludes that recruiting costs amount to 46% of the first year’s salary when taking into account management interview time, training time and investment, and lost productivity.

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Interviewing AbilityInterviewing Ability

• In many cases, hiring managers have not been given the proper training or tools. A recent article noted that only 17 percent of senior managers had ever received training in candidate evaluation.

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Need for AssessmentsNeed for Assessments

• Another study source revealed that the predictability of future job performance increases dramatically (up to 27%) when assessments are used. General mental abilities is the best single predictor of future job performance.

• A key reason why organizations make staff management mistakes is that they don’t have all the critical information. They don’t assess applicant core behaviors, interest or quantify the applicant’s fit with the job or the corporate culture.

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CATALYST Training Services Inc.

• In 2004, retention is equally important as good recruiting. Existing employees must feel they are being treated in a fair and objective fashion on key subjects such as training, personal development, internal promotions and career management.

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Why Why PrevuePrevue Assessment™? Assessment™?

• Prevue will lead to reduced attrition, reduced recruiting expenses and improved managerial productivity.

• Prevue will facilitate improved employee performance through better job fit, effective coaching, and individual development needs identification.

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Top Performer TraitsTop Performer Traits

• Prevue Benchmarks clearly define the traits, interests and abilities of proven performers on the job; providing a picture of the ideal performer. Benchmarks are the measurement device for comparing applicants to your specific position.

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Integrated AssessmentIntegrated Assessment

• Prevue is the only integrated web administered software-based assessment system on the market. It is critical to learn about candidates, learning speed and abilities, motivation and interest and work-related characteristics.

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Validated AssessmentValidated Assessment

• Prevue is a sophisticated assessment with exceptional technical credentials and it provides extensive business oriented information in five report formats.

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BenefitsBenefits

• Applications include:• selection• coaching• succession planning• personal development, leadership, team

effectiveness, conflict resolution, etc.

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Cost JustifiedCost Justified

Prevue will pay for

itself many times over!

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Opportunities

To learn more about Prevue and specific benefits for your company, call

Dan Monteiro @604-298-5505

oremail: [email protected]