When screening potential candidates, hiring managers often use two types of evaluations: qualitative and quantitative. The qualitative assessment focuses on the individual's workplace preferences. The tools for this assessment are often informal but are just as useful. However, for hiring managers that work in highly technical fields, quantitative assessment tools are vital tools. Why? Here are the top three benefits of using quantitative assessment tools:
Recruiters often receive hundreds of applicants for a single opening. Going through the resumes alone will take up hours, not counting the interview proper. By using quantitative assessment tools, hiring managers can "pre-screen" applicants and only move forward with those that pass the evaluations. For example, a recruiter looking to hire a computer programmer will need an online coding test. Those who pass the test can be a computer programmer. Additional requirements can then be determined in an in-person interview.
Bad hires can, directly and indirectly, cost a company thousands of dollars because of unproductivity, low quality work, and replacement search. That is why it is imperative for hiring managers to bring in top-tier talent that fits the requirements. In the long run, hiring the right candidate by using quantitative assessment tools can save the company a lot of money.
According to studies, 78% of applicant resumes contain misleading information, while 47% surprisingly contains false or made-up details. For a hiring manager, this can be particularly tricky because verification takes time, and most recruiters go by their instinct when it comes to hiring. Quantitative assessment tools offer concrete results for a recruiter to determine whether an applicant has what it takes. So, no more guesswork at all but just skills that are tested before recruiting.
All in all, using quantitative assessment tools can help your company hire the right candidates. Make sure to use it in your hiring process to prevent bad hires.