RSS

Why I use psychometric testing when recruiting

Article Date:  Nov 01 2004

When Simon Wadsworth founded his first digital marketing company in the early 90s, the industry was in its infancy and few people had experience of working with the internet. When it came to recruiting staff, he had to find something other than experience or qualifications to select the best.

On the advice of an employment consultant, he tried psychometric testing. He became a convert when, solely on the basis of test results, the consultant described five of his employees, including himself, ‘to a T’.

Having set up digital marketing group Swamp just under three years ago, Wadsworth is still a big fan of psychometric testing as a recruitment tool.

‘We use it as a first sift in the interview process. It helps narrow down the candidates, shows us their strengths and weaknesses and what we need to focus on in the second interviews. But we never use it to make our final decision. Although it is frighteningly accurate, it would be taking it too far to wholly rely on it. But it is invaluable in narrowing down the focus,’ he comments.

The tests cost ‘£50 to £60 a time’, which includes a detailed interpretation of the results and Wadsworth adds that ‘it is money well spent when you consider the cost of hiring the wrong person.’

Lawrence Holsworth, marketing manager of OPP, which provides
psychometric testing, believes it ‘helps businesses make the right decisions’.
He explains that there are many types of test that can be used for both recruitment and also development of current staff.

‘There are tests for ability, personality and intelligence. After an initial training course of four or five days [costing from £100 to £2,500] employers can conduct and interpret the tests themselves. The more you use them, the more cost-effective they become. And you don’t need a psychology degree to administer them.’

Comments 

There are currently no comments on this article

Sign up and get...

  • Regular GrowthBusiness newsletters
  • Post comments on articles
Sign up

Cut your speed to market and your costs!

FedEx Express has now created an account tailored perfectly for new small businesses. Instant account setup, online shipping, proof of delivery and an immediate discount of up to 15% off standard rates. Speed up your supply chain and gain the edge on your competitors! Visit: www.fedex.com/gb/smallbusiness

Looking to recruit?

Whichever role you are looking to fill you can be sure that Adecco only selects those candidates with a 'Can Do, Will Do, Will Fit' attitude. Better visit the people finding the people for London 2012.

Want help meeting your business objectives?

The Open University allows your staff to develop quickly, while causing minimal disruption to business operations. We can create solutions that help you to develop talent, increase professional skills and resolve business critical matters. Click to find out more.

Research

  • From video games developers to firms of architects, creative businesses of all kinds struggle to get adequate financing due to a misconception that they cannot be analysed systematically, claims a new report. The study comes from the Centre for Creative Business (CCB), a joint venture between London Business School and University of the Arts London.

Directors' Pay on AIM 2008

What is the average AIM company paying its chief executive? Who are AIM’s highest- and lowest-paid chief executives?

Global Technology Review 2008

Who are the world’s 200 most influential IT companies across sales, revenue growth, profits and net margins? Read more in the Global Technology Review 2008

More

Events Calendar

Investor AllStars 2009

23rd September, London Hilton, Park Lane

The CANACCORD Adams Media Magnate Awards 2009

26th March, Vinopolis, London

Rosenblatt New Energy Awards 2010

25th February, Natural History Museum, Cromwell Road, London SW7 5BD

More

More Analysis: Business Expansion

Doing business with Argentina

Argentina has experienced unparalleled growth of late, but a lack of understanding has scared off UK businesses.

21 ways to go green

No longer the preserve of environmentalists, the concept of sustainability has entered the mainstream. Here are 21 ways to grow your business and boost your bottom line by applying a bit of green thinking.

Time for a change

There was more support for the cleantech sector in the Budget, but is it enough? We talk to the winners of the 2009 Rosenblatt New Energy Awards about the race to save the planet.

Advertisement

Poll

Are you seeing green shoots?



Have your vote on current issues

People who read this also read

  • Consolation prize for Celtic

    Celtic Resources has received $80 million (£44 million) from Russian oligarch Vladimir Potanin for withdrawing from the Nezhdaninskoye gold mine.
  • Acquisitive CRC boasts interim surge

    Mobile phone servicing and warranty specialist CRC Group is on the look out for 'value enhancing acquisitions' after reporting an 80 per cent first-half profits rise to £4.3 million, writes Robert Tyerman.
  • Vantis gets the thumbs up

    Smallcap broker Charles Stanley has retained a bullish stance on Vantis, the financial services group, following its recent upbeat trading statement.
  • Deal Round-up (06.03.08)

    In today’s deal headlines business services firm Mouchel Group plc has acquired Hedra for £50 million and oil and gas producer Afren plc is set to acquire Devon Energy Corporation’s operations for some £102.6 million.
  • Create the perfect business card

    Egotistical, gimmicky and grim! That is the description of the millions of business cards creating a bad impression on prospective clients, according to research from Lancaster University and print group The Entwistle Group.

White Papers

10 Steps to a Successful CRM Implementation

Follow these 10 steps to help ensure that your CRM implementation is a success, from the planning stages to post-deployment improvements.

12 Key Points to Consider When Selecting a Network Scanning Solution

Discover the 12 key points your company should consider before you evaluate and select a vulnerability assessment solution.

15-Minute Guide to Elevating the Customer Experience Through Statements

This guide focuses on the importance of customer statements, in particular the vital role they can play in marketing an organization's products and services, building and maintaining brand awareness, and reducing customer service costs.

More

Take part in our competition and win a laptop

Growthbusiness.co.uk has teamed up with Insurantz.com to find out from you the secret of your business's longevity.

– Is it having a knack for hiring the right people or knowing that if you want something done properly, you need to do it yourself?

– Are you adept at reacting to changing market conditions and going the extra mile for your customers?

– Have you always had a keen eye for the numbers or made sure you have someone on board who does?

If your business has proven itself over a number of years, or if you know of a great local business and think it should be entered, then we want to hear about it!

A judging panel will draw up a shortlist of entrants for you to vote on to decide who will become the Growth Business Local Legend.

The winning company will receive computer equipment worth up to £500, plus £1,000 of business insurance (or free business cover up to an annual premium of £1,000 for larger businesses) all courtesy of our partners at Insurantz.com.

All shortlisted businesses will receive marketing collateral to promote your entry and encourage support from your customers and business associates. Everyone who enters the competition will automatically receive a 10% discount voucher code off insurance products bought from Insurantz.com.

To access the discount voucher code, please complete the survey.

At Insurantz..com, we encourage entrepreneurship, so start-up businesses are not charged extra when other insurers may decline or charge more. Insurantz.com offers a double-the-difference price guarantee on premiums where a better deal is found within 14 days of the cover start date.

Terms and conditions apply

Click here to enter the