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Why Organizations Should Utilize Assessments by CATALYST Training Services Inc.

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Presentation on theme: "Why Organizations Should Utilize Assessments by CATALYST Training Services Inc."— Presentation transcript:

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

2 Background 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.

3 Interviewing 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.

4 Need 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.

5 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.

6 Why Prevue 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.

7 Top 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.

8 Integrated 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.

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

10 Benefits Applications include: selection coaching succession planning personal development, leadership, team effectiveness, conflict resolution, etc.

11 Cost Justified Prevue will pay for itself many times over!

12 Opportunities To learn more about Prevue and specific benefits for your company, call Dan Monteiro @ 604-298-5505 or email: dan@catalysttraining.ca


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