(February 26, 2009)
A new, comprehensive assessment trends report has been released. The 2009 Global Assessment Trends Report shines a light on talent measurement practices world-wide and will help you evaluate your own practices related to assessing current and future employees.
One hundred and seventy companies from around the world responded to PreVisor's Global Assessment Trends Survey to provide their perspectives on talent measurement practices and trends. Key findings from the report are listed below:
KEY FINDING 1: Top Talent Management Priorities for 2009
External Recruiting/Hiring and Performance Management are top priorities for companies around the world in 2009. Internal Promotion/Placement is third in priority for U.S. companies, and Career Development is third in priority for companies outside the U.S.
KEY FINDING 2: Top Talent Management Increases in Priorities from 2008 to 2009
Areas with the highest projected increase in priority for U.S. companies include Competency Modeling, Career Development, and Bench Strength Analysis; whereas outside the U.S., Succession Planning and External Recruiting/Hiring showed the greatest increase.
KEY FINDING 3: Organizations agree that Assessments are Valuable
Approximately 95% of all companies believe testing is a valuable part of their hiring process. Nearly 50% of clients collect metrics to show the value of such HR investments.
KEY FINDING 4: Preference for Simulated, Real-world Assessments
Most organizations indicated their preference to use realistic assessments. While many are not using job simulations yet today, more clients plan to expand usage of simulations in the next year as compared to other assessment types.
KEY FINDING 5: Plans to Expand Use of "Fit" Assessments
Culture fit, job fit, and interest assessments were frequently cited by responding organizations for future use in their hiring processes.
KEY FINDING 6: Talent Measurement Post-Hire
Promotion, career development, and training needs analysis/skills gap analysis were the most frequently cited areas where assessments are used to measure talent of a current workforce.
KEY FINDING 7: Leader Selection - Important, but Not Structured
Almost half agreed or strongly agreed that assessments are a critical part of their succession planning programs, but only one out of three clients agreed or strongly agreed that their company uses a structured promotion process for all leader roles within their organizations (31% in the U.S. and 39% elsewhere).