David Ranson, a consulting economist for H.C. Wainwright, a research firm serving investment managers, has spent years examining how markets tell us things.  In response to a question regarding the nature of the recovery, Ranson said that, “We’ll have positive growth but weak employment.  Unfortunately, that doesn’t mean employers will hire new workers.  Productivity is rising, but much of it may be because employers aren’t hiring.  You see, employers have choices.  They can choose a large work force of average workers.  Or they can choose a smaller work force of above-average workers. An employer who sees employment as a losing game — more government regulation, more taxes and more hassles — isn’t going to be eager to hire (just average workers).”

Employers have always tried to hire above average workers, but according to Ranson, there are even more incentives now than ever.  If you are now hiring, how do you increase your odds of hiring an above-average worker?

The ProfileXT (PXT) is the most technologically advanced, state-of-the-art system available today for measuring human potential and predicting job performance.  The PXT assessment measures how well an individual fits specific jobs in your organization.  The “job matching” feature of the PXT is unique, and it enables you to evaluate an individual relative to the qualities required to successfully perform in a specific job. It is used throughout the employee life cycle for selecting, on-boarding, managing, and strategic workforce planning.

This assessment reveals consistent, in-depth, and objective insight into an individual’s thinking and reasoning style, relevant behavioral traits, occupational interests, and match to specific jobs in your organization.  It helps your managers interview and select people who have the highest probability of being successful in a role, and provides practical recommendations for coaching them to maximum performance.  It also gives your organization consistent language and metrics to support strategic workforce and succession planning, talent management, and reorganization efforts.

Why assess employees?

Given the opportunity to land a new job or to be promoted, people may tell you what you want to hear instead of the truth.  Additionally, so much of their success depends on the specific type of job and the organization in which they would work.  Success seldom transfers automatically.  The cost of a bad hire is very high considering the hiring and ramp-up costs, low productivity, and disruption to customers and co-workers.

Did You Know?

• 46% of new hires fail within 18 months.
• Only 19% will achieve unequivocal success.
• Technical skills are not the primary reason for failure.

The ProfileXT gives you an objective inside look at the behaviors and motives of job candidates to help you make better hiring, promotion, and organizational decisions.  Giving this information to managers helps them be more effective and gets the very most from their people.

How does the ProfileXT assessment work?

Prior to assessing candidates, I can help you develop performance models for your jobs in question that you will use to compare job candidates against. Once established, our clients deliver the PXT to their candidates over the Internet — hiring managers or an HR administrator simply forwards a link.  The assessment does not need to be monitored, so the candidate can take it from any computer with Internet access.  The system instantly scores the assessment and informs the hiring managers where they can access the results.

The hiring manager can use the results as a screening tool or to assist them in the interviewing, selection, and on-boarding process.

The PXT gives you more information to help you hire above-average employees.