What is Team Discovery by The Predictive Index?
Unlock the full potential of your team with data-driven insights from Team Discovery™, helping you build a cohesive, high-performing unit aligned with your strategic goals.
The Top 5 Psychometric Assessment Providers - What You Need to Know
Reading Time: 12 minutes
As organizations become more competitive, it has become increasingly important for them to hire employees with the right skills and fit for the job. To achieve this, many employers are using psychometric assessments to evaluate potential employees. There are many providers of psychometric assessments, but in this article, we will focus on the top 5 providers.
Table of Contents
What are Psychometric Assessments?
Psychometric assessments are tools that measure psychological attributes, such as personality, cognitive ability, and motivation. These assessments are designed to provide an objective and reliable measure of an individual’s strengths, weaknesses, and potential. They are widely used by employers to gain insight into a candidate’s fit for a job and their potential to succeed.
Psychometric assessments can be used at various stages of the hiring process, from screening to onboarding, and can help employers to make more informed hiring decisions.
Benefits of Using Psychometric Assessments
Psychometric assessments are a powerful tool for companies to gain insight into their employees and candidates, helping them to make informed decisions about hiring, training and development. Psychometric assessments provide employers with an objective measure of an individual‘s skills, abilities and personality, enabling them to identify and develop the strengths and areas for improvement of their employees and potential hires. Companies that use psychometric assessments can benefit from improved understanding of their workforce, reduced recruitment costs, and improved team performance. They can also improve the accuracy of performance evaluations and the effectiveness of training and development programs. In addition, psychometric assessments can provide employers with an understanding of employees’ career aspirations and motivations, helping to foster a positive work environment.
Improved Hiring Decisions:
Psychometric assessments provide a more objective and reliable measure of an individual’s strengths, weaknesses, and potential, allowing employers to make better-informed hiring decisions.
Reduce Recruitment Costs:
Psychometric assessments can help companies reduce recruitment costs by identifying suitable candidates early in the recruitment process. This can reduce the number of candidates who need to be interviewed and can save time and resources.
Reduced Turnover:
Hiring the right candidate reduces the risk of turnover, which can be costly for organizations.
Increased Productivity:
Psychometric assessments can help to identify candidates with the right skills and fit for the job, leading to increased productivity.
Enhanced Diversity and Inclusion:
By using objective measures to evaluate candidates, organizations can reduce the risk of bias and improve diversity and inclusion in the workplace.
You May Also Be Interested In
YOUR STEP-BY-STEP GUIDE TO APPLYING FOR JOBS ON LINKEDIN
In today’s fast-paced world, social media platforms have become an integral part of our lives. LinkedIn, being a professional social media platform, has become the go-to place for job seekers
Who Are The Top 5 Providers of Psychometric Assessments?
Predictive Index Assessments
Among the top 5 providers of psychometric assessments, Predictive Index (PI) stands out for its effectiveness in measuring behavioral traits, cognitive abilities, and job-related skills. PI provides psychometric assessment tools that helps businesses to understand the behavioral traits, cognitive abilities, and job-related skills of their employees and potential employees. PI has been in operation for over 60 years and has served more than 10,000 clients globally. The tool uses data-driven insights to measure the traits and abilities that predict job performance, making it an invaluable resource for businesses looking to improve their hiring processes and optimize employee performance.
What Makes Predictive Index Assessments Great?
1. Improved Hiring Decisions:
One of the most significant advantages of using PI is the ability to make data-driven hiring decisions. By analyzing the cognitive abilities and behavioral traits of potential hires, businesses can identify the candidates who are most likely to perform well in their roles. This helps to reduce turnover rates, minimize recruitment costs, and increase employee engagement.
2. Enhanced Team Collaboration:
PI can also be used to measure team dynamics and identify the best ways to improve team collaboration. The tool provides insights into the behavioral traits and communication styles of team members, making it easier to identify potential conflicts and develop strategies to overcome them.
3. Increased Employee Engagement:
Using PI can help to increase employee engagement by matching job requirements with employee strengths. This not only improves job satisfaction, but it also leads to higher levels of productivity, increased motivation, and reduced turnover rates.
4. Improved Management Effectiveness:
PI can be used to identify the behavioral traits and leadership styles of managers, enabling businesses to develop targeted training programs that improve their management effectiveness. By identifying areas for improvement, businesses can enhance the leadership skills of their managers, which can improve team collaboration and overall organizational performance.
Their Limitations
1.Limited to Measuring Certain Traits:
One of the limitations of PI is that it is designed to measure specific behavioral traits and cognitive abilities. While this can be useful in predicting job performance, it does not provide a comprehensive assessment of an individual’s personality or skillset.
2. Cost:
PI is a premium assessment tool, and the cost of using it may be prohibitive for some businesses. While the tool provides valuable insights, businesses must weigh the cost against the benefits to determine if it is a worthwhile investment.
Overall, Predictive Index is an effective psychometric assessment tool that can help businesses to make data-driven hiring decisions, improve team collaboration, and enhance employee engagement. However, businesses must be aware of the potential limitations and costs associated with using the tool. By weighing the pros and cons, businesses can determine if Predictive Index is the right assessment tool for their needs.
SHL Assessments
SHL is a global leader in the field of psychometric assessments. The company was founded in 1977 and has since become one of the most respected and recognized providers of psychometric assessments in the world. SHL’s assessments are used by companies of all sizes and industries to measure the skills, abilities, and potential of job candidates and employees.
SHL offers a wide range of psychometric assessments designed to measure different aspects of a person’s abilities and personality.
What Makes SHL Assessments Great?
1. Reliable and Valid:
SHL’s assessments are rigorously tested to ensure that they are reliable and valid. This means that the results are accurate and can be used to make informed decisions about candidates.
2. Customization:
SHL’s assessments can be customized to meet the specific needs of a company. This means that companies can tailor the assessments to measure the skills and abilities that are most important for a particular job role.
3. Wide Range of Assessments:
SHL offers a wide range of assessments that can measure different aspects of a person’s abilities and personality. This means that companies can choose the assessments that are most relevant to their recruitment process.
4. Easy to Use:
SHL’s assessments are designed to be easy to use and administer. They can be completed online, making it easy for candidates to take the tests from anywhere.
Their Limitations
1. Cost
SHL’s assessments can be expensive, especially for small companies. This may make it difficult for some companies to justify the cost of using the assessments.
2. Limited Feedback:
While SHL’s assessments provide detailed reports on a candidate’s abilities and personality, they do not provide specific feedback on how a candidate can improve. This means that companies may need to provide additional training and support to help new employees succeed in their roles.
Overall, SHL is one of the top 5 providers of psychometric assessments for a reason. Their assessments are reliable, customizable, and offer a wide range of options to choose from. However, companies should consider the cost of using SHL’s assessments and the limited feedback provided when making their decision.
Hogan Assessments
Hogan Assessments is a company that specializes in psychometric assessments for employment selection, leadership development, and talent management. They offer a wide range of assessment tools, including personality tests, cognitive ability tests, and 360-degree feedback surveys. With over 30 years of experience in the industry, Hogan Assessments has established itself as one of the top providers of psychometric assessments, trusted by companies around the world to help them make better people decisions.
Hogan Assessments is a suite of psychometric assessment tools that are designed to help companies make better people decisions. The assessments are based on decades of research and are designed to measure a range of different traits and abilities that are relevant to the workplace.
What Makes Hogan Assessments Great?
1. Increased accuracy:
Hogan Assessments are based on extensive research and have been shown to be highly predictive of workplace performance. By using these assessments, companies can make more accurate predictions about how well candidates or employees are likely to perform in specific roles.
2. Improved fairness:
Hogan Assessments are designed to be objective and unbiased, which can help to reduce the impact of personal biases or other factors that can influence hiring decisions. This can help to ensure that candidates are evaluated based on their actual abilities and traits, rather than on irrelevant factors such as their gender, race, or age.
3. Better fit:
By using Hogan Assessments, companies can gain a better understanding of the types of roles and work environments that are likely to be the best fit for individual candidates or employees. This can help to reduce turnover and improve overall job satisfaction.
4. Customization:
Hogan Assessments can be tailored to the specific needs of each company or role. This means that companies can choose the assessments that are most relevant to their hiring or talent management goals, and can also customize the assessment process to suit their own unique needs.
Their Limitations
1. Cost
Hogan Assessments can be expensive, particularly for smaller companies or those with limited budgets. While the cost may be justified by the increased accuracy and fairness of the assessments, it’s important to weigh the costs and benefits carefully.
2. Limited Feedback:
Administering Hogan Assessments can be a time-consuming process, particularly if multiple assessments are used. This can be a challenge for companies that need to make hiring decisions quickly.
3. Potential For Misunderstanding:
The results of Hogan Assessments can be misinterpreted or misunderstood by those who are not trained to use them properly. It’s important that those who administer and interpret the assessments are properly trained and experienced to avoid any misinterpretations.
Hogan Assessments offer a range of assessment tools that can help companies make better people decisions. With its objective and unbiased approach, Hogan Assessments can increase accuracy, improve fairness, and better fit of employees in their respective roles. However, companies need to be aware of the potential drawbacks such as cost, misunderstanding, and time constraints.
Kenexa Assessments
Kenexa is a leading provider of psychometric assessments, which are tools that help companies assess the personality, skills, and abilities of job candidates. Kenexa’s assessments can be used to help companies make better hiring decisions, identify training and development needs, and improve employee retention rates. Kenexa is part of IBM’s Talent Management Solutions, which provides a range of solutions to help companies manage their human capital.
What Makes Kanexa Assessments Great?
1. High-Quality Assessments:
Kenexa’s assessments are designed by experts in the field of psychometrics and are rigorously tested to ensure accuracy and reliability. This means that companies can trust the results of the assessments when making hiring decisions.
2. Customizable Assessments:
Kenexa’s assessments can be customized to fit the specific needs of a company. This means that companies can tailor the assessments to focus on the skills and abilities that are most important for their particular job roles.
3. User-Friendly Platform:
Kenexa’s platform is easy to use and provides a streamlined user experience. This means that companies can quickly and efficiently administer assessments to candidates.
4. Comprehensive Reporting:
Kenexa’s assessments provide comprehensive reporting that includes detailed analysis of candidates’ strengths and weaknesses. This information can be used to make informed hiring decisions and to identify areas for employee development.
Their Limitations
1. Cost
Kenexa’s assessments can be expensive, which may be a barrier for some companies, particularly smaller businesses.
2. Limited Customization:
While Kenexa’s assessments can be customized to some extent, there are limitations to how much customization can be done. This may be a drawback for companies that have very specific hiring needs.
Ultimately, whether or not Kenexa is the right assessment provider for your company will depend on a variety of factors, including your budget, hiring needs, and the size of your organization. However, if you are looking for a high-quality, customizable, and user-friendly assessment platform that provides comprehensive reporting and integrates with other talent management solutions, Kenexa is definitely worth considering.
Saville Assessments
Saville Assessments has a broad range of psychometric assessments, including personality questionnaires, aptitude tests, and ability tests, among others. They have been providing these assessments for over 50 years and have helped organizations worldwide to select the right talent for the right role.
What Makes Saville Assessments Great?
1. Advanced Technology:
Saville Assessments uses innovative technology, including game-based assessments and situational judgment tests (SJTs), to provide reliable and valid assessments. Their assessments are interactive, engaging, and designed to measure a candidate’s suitability for a particular role.
2. Customizable Assessments:
They understand that every organization is unique, and therefore, they customize their assessments to suit their clients’ specific needs. This customization ensures that the assessments provide insights relevant to the organization’s requirements.
3. Detailed Reports:
Saville Assessments also provides detailed reports that are easy to interpret, making it easier for organizations to make informed decisions. The reports provide insights into a candidate’s strengths, weaknesses, and areas for development. These reports are essential for organizations looking to develop their employees and improve their retention rates.
Their Limitations
1. Cost
Compared to some other psychometric assessment providers, Saville Assessments’ assessments can be more expensive. However, it is worth noting that their assessments are of high quality and provide valuable insights.
2. Time:
Saville Assessments’ assessments are comprehensive, and they may take longer to complete than other assessments. However, this additional time ensures that the assessments provide a more accurate picture of the candidate’s cognitive abilities and personality traits.
Whether Saville Assessments is the right choice for your company depends on your organization’s needs, budget, and culture. If you are looking for a provider that offers customized assessments that provide detailed insights into a candidate’s suitability for a particular role, then Saville Assessments is an excellent choice. However, if you are on a tight budget or looking for quick and straightforward assessments, then Saville Assessments may not be the best fit.
What Makes These Providers Stand Out?
All of the providers listed above are leaders in the field of psychometric assessments, but each one has its unique strengths. For example, Predictive Index is known for its predictive validity, which means that their assessments are highly accurate at predicting job performance.
SHL, on the other hand, is known for its comprehensive range of assessments, which includes a variety of cognitive, personality, and situational judgement assessments. Hogan Assessments is known for its emphasis on values and work preferences, which can help organizations to identify candidates who are a good fit for their culture.
Kenexa is known for its integration with other talent management solutions, such as applicant tracking systems and learning management systems. Finally, Saville Assessment is known for its focus on emotional intelligence, which can be an essential attribute for certain jobs.
Choosing the Right Provider
Choosing the right provider of psychometric assessments depends on several factors, such as the type of assessment needed, the size of the organization, and the budget available. It’s essential to choose a provider that offers assessments that are relevant to the job and that has a track record of success.
It’s also important to consider the level of support provided by the provider, such as training, technical support, and customer service. Finally, it’s essential to choose a provider that is transparent about its assessment processes and that adheres to industry standards.
You May Also Be Interested In
As roles become more complex, we are seeing a massive shift in the workforce – from a need for technical skills to a growing demand for soft skills. Yet, these soft skills are incredibly difficult to measure and assess.
Final Thoughts
Psychometric assessments have become an essential tool for organizations looking to make better hiring decisions. There are many providers of psychometric assessments, but in this article, we focused on the top 5 providers with Predictive Index as one of them.
These providers offer a range of assessments designed to measure a variety of psychological attributes, such as personality, cognitive ability, and motivation. Each provider has its unique strengths, and choosing the right one depends on several factors.
By using psychometric assessments, organizations can gain a better understanding of potential employees, reduce turnover, and improve productivity. It’s essential to choose a provider that offers assessments that are relevant to the job, provides support, and adheres to industry standards.
In Partnership With Humanostics
360 Talent Solutions Ltd is an Associate Partner of Humanostics® , a PI Certified Partner authorised to use the science, assessment software, and curriculum of management workshops of The Predictive Index.
In partnership with Humanostics, we provide companies in the UK and across Europe access to the assessment tools provided by The Predictive Index.
Take the 6-minute PI Behavioral Assessment™ today. Once you have completed the 6-minute assessment, I will send you a Full Behavioral Report by Predictive Index.
How Can We Help
When it comes to predicting future performance, technology is key:
- Education, years of experience, and references all have low predictive value. Yet, we rely on these for screening early in the recruitment process.
- Cognitive and Behavioural Assessments, have much higher predictive value, and when combined with interviews, provide the most effective method for predicting future performance.
For me, hiring without the use of psychometric assessments is like trying to put together a jigsaw puzzle with pieces missing … and no picture on the box. It’s not fun, it takes longer, and when you are almost finished, you realise you have pieces missing.
Take the assessment today and start measuring more to improve your recruitment.
If you are interested in learning more or are ready to incorporate behavioral data into your recruitment process, please contact me today, I will be happy to help.
Let’s get started!
Dave Crumby
Founder at 360 Talent Solutions
Certified Predictive Index Practitioner
Our Latest News & Insights
Introducing My PI – Using Science to Transform Your Workplace
Explore how ‘MY PI: Using Science to Transform Your Workplace’ leverages behavioural science to revolutionise HR practices, offering in-depth insights, practical tools, and a vibrant community for HR professionals.
The Swiss Talent Optimisation Hub
Join The Swiss Talent Optimisation Hub (STOH) to connect with HR professionals dedicated to leveraging Predictive Index tools and behavioural science to overcome unique challenges faced by Swiss businesses and drive organisational success.
Who Are the Top Providers of Predictive Index in Switzerland
Discover how Swiss companies can optimise their hiring and talent management strategies with the Predictive Index, a powerful tool that enhances workforce insights and decision-making, supported by Humanostics and 360 Talent Solutions.