Hiring the Wrong Candidates Costs You Time & Money

Posted on September 30, 2019

Hiring Roundtable

Here’s How to Hire Right

You need to fill that job, and you need to fill it now. You interview a candidate, have a terrific conversation, and hire them. A few months later, your new employee isn’t up to snuff. Sound familiar?

When you have an open position, it’s tempting to cut corners and quickly fill the spot. However, hiring mistakes cost your organization time, money, and emotions. In the long run, it pays to take the steps necessary to hire right.

A Hiring Solution

To add objectivity to your hiring process, use a hiring assessment. We recommend PXT Select^TM, a powerful online tool. PXT Select helps you hire the best candidates, onboard them effectively, and develop them over time.

The first step is for a candidate to take an assessment that looks at their behavioral traits, thinking style, and interests. Then reports are generated: 1) providing insight on the candidate and 2) letting you compare the candidate against job-specific models. You can quickly see if the candidate’s characteristics align with the ideal person for the job. There is even a report that suggests personalized interview questions to use to learn more about a specific candidate. Moreover, you can compare candidates to one another.

What sets PXT Select apart from other hiring assessments?

Once a candidate takes an assessment, you have ongoing access to all reports in the PXT Select suite. So down the road, when that employee wants a promotion, for example, you can use the data and check their suitability.

The reports are useful and easy to read. Packed with information on candidates’ skills, job compatibility, manager compatibility, and more, the reports don’t require interpretation.

Hiring tip: When you share candidates’ results with them, see how they respond. Their attitude when receiving feedback provides additional information for your decision.

Using a hiring assessment adds objectivity and efficiency to your hiring process. When you’re considering multiple candidates—all with good resumes and good personalities—the data removes some of the guesswork and points you to the best hire for your organization.

Email us at learn@corexcel.com to learn more.

Six Essential Steps to a Great Hire

Posted on February 5, 2019

When your organization has a job opening, you want to hire the right person. You also want the hiring process to be as smooth as possible. Whether you’re filling a new position or replacing an employee, follow these steps:

1. Update the job description or create a new one.

Clearly state the education, experience, and skills that you seek. Include the job’s compensation.

2. Publicize the job

Post the job opening on LinkedIn, Indeed, or other job boards. Also, post it on your internal job board, so that your current employees have an opportunity for career growth. Spread the word through your network of contacts as well.

3. Screen and narrow your pool of candidates

Review the applications/resumes for experience, education, and work history. Does the candidate’s experience match what you’re seeking? Are there unexplained gaps in job history? Has the candidate jumped from job to job? The answers help narrow down the pool to those most qualified.

4. Conduct phone interviews

Phone interviews help you gauge each candidate’s energy. If you’re filling a customer-facing job, assess the candidate’s speaking ability. If you’re hiring for a solitary job, the individual’s enunciation on the phone is less important.

5. Use a hiring assessment tool

Now that you’ve spoken with a candidate, you’ll want to “look under the hood.” We recommend using PXT Select™, an online tool that measures behavioral and thinking styles, interests, verbal and numeric skills, and even assertiveness. Importantly, it helps set apart candidates who otherwise seem equal. With PXT Select, you can compare an individual’s results with the job’s performance model—and with other candidates’ results. This adds a layer of objectivity to the hiring process.

6.Conduct in-person interviews

Interview your final, select group of candidates. PXT Select provides personalized interview questions designed to clarify discrepancies identified in the assessment.

Now you have the information you need to select the best candidate. Once your offer has been accepted, you can use PXT Select’s onboarding tips. Happy hiring!

Webinar: Discover PXT Select Pre-Hire Assessment

Posted on March 12, 2018

Identify Your Best Candidate from Sales to C-Suite

You spend hours evaluating resumes finding several candidates. How do you decide who becomes your next employee? The wrong choice costs 30% of an annual salary and results in lost opportunities and increased employee conflict.

Most large companies have a well-established hiring process that includes a validated, data-driven pre-hire assessment. Yet many small to mid-sized compaies still rely on the resume, a few hastily thrown together interview questions and intuition to determine whether a candidate’s fit for the job.

It’s simpler thank you think to implement a pre-hire assessment. In this webinar, you’ll learn:

What makes a pre-hire assessment valid and reliable.
The role of validated, data-driven selection tools.
What PT Select measures and why it matters.
How the PXT Select Hiring Assessment can help with hiring and onboarding.
Simple steps you can take to get started.

Date: March 29, 2018

Contact Us to request the webinar recording.

Learn more about PXT Select, request a demo or make a purchase.

Webinar Recap: Ready to Hire Simpler & Smarter?

Posted on August 4, 2017

People are the Most Valuable Variable in Business

“My inventory goes home every night.” — Michael Eisner

In case you missed our live webinar and don’t have time to listen to the recording, here’s a high level recap of our June 2017 webinar, “Ready to Hire Simpler and Smarter?

Although technology often drives business success, the number one asset to any company is personnel. Human resources supply the brainpower, capabilities and distinctive personalities to drive the business.

Putting the wrong person in a job can result in negative attitudes, conflict with other employees, poor attendance and high turnover. An assessment that evaluates the strengths, attributes and interests of employees and potential hires can help minimize poor job placement and create an efficient, productive workplace.

With the PXT Select hiring assessment, you can identify the best person for each role. As the business changes, you can use PXT Select to identify future roles for employees that build on their strengths and a maximize productivity within the organization.

Costly Miscalculations

Unsuccessful hires cost money and hurt morale. Resources spent on advertising, interviewing and training an individual are wasted when new hires don’t work out, regardless of the reason.

In November 2016 Career Builder sponsored a poll by Harris on the cost of poor hiring decisions. They surveyed 2,379 HR professionals and hiring managers across private sector companies and business of various sizes. 75% of the managers surveyed affirmed they had made a bad hire. On average, the reported cost of a bad hire was $17,000.

NOTE: 20% of those surveyed knew they had made a hiring mistake within the first week. 53% knew within the first three weeks!

The Challenge of Successful Recruiting

Successful recruiting requires that an organization have a clear description of the skills and attributes necessary to fill a position. They also need a way to compare individual candidates to see if they are a good fit for their positions. Many companies rely on interviews and “gut feelings” alone to determine which candidate they hire.

Most hiring managers admit that even with a good job description, interviewing requires skilled questions and observations. To make matters worse, poor interviewing skills and lack of time to conduct multiple interviews can result in a choice between several unqualified candidates. Picking the lesser of two evils is never the right way to select a new employee.

An Innovative, Easy-to-Use Hiring Solution

Corexcel clients now have access to PXT Select, a new online hiring assessment that tests a candidate’s verbal and numerical skills, verbal and numerical reasoning, behavioral attributes and interests. A series of powerful reports compare the candidate’s results with multiple positions and with other candidates. Most helpful, managers also get a series of questions to ask the candidate and tips on “what to look for” and “what to listen for” during the interview.

An assessment is required for each candidate. Once a candidate logs on to the testing platform, the assessment takes 60-90 minutes to complete. Candidate results are measured against a Job Performance Model that describes the skills and attributes necessary to perform a specific job. Corexcel works with clients to select performance models that match their needs.

The price of an assessment includes 9 reports. We’ve highlighted four of them in our blog. We also have samples of all of the reports posted on Corexcel’s website.

The Comprehensive Selection Report provides insight into a candidate’s verbal skills, numerical aptitude, reasoning facilities, behavior style and interests. It also identifies potential areas of concern such as mathematical deficiency or behavior trait that might warrant further probing, depending on the skills and/or needed for the position. It gives recruiters suggestions on what questions to ask and what to look for in an interview.

The Multiple Positions Report summarizes a candidate’s fit across several positions within a business while elaborating on their behavior style’s personal interests and showing how their score could affect their success in any given position.

The Multiple Candidates Report measures several potential hires alongside one another. This report also compares the behavior traits and personal interests of multiple candidates along with numerical and verbal ability.

The Coaching Report is designed to offer insight into the mindset, capabilities and aptitude of an existing employee. This helps managers determine areas where a candidate or new employee could benefit from coaching related to the position that they have been hired to fill.

Join the Recruiting Revolution

PXT Select is founded on the belief that people perform best when they are placed into positions that are most suited to their abilities and traits. It simplifies the process of identifying and placing individuals where they are most likely to succeed.

Contact us for a demonstration so that you can streamline your hiring process and save valuable man-hours and recruiting resources. Let us help you put the right people in the right positions.

Tag: Hiring Assessment Tool