As businesses gradually bounce back from the disruptions caused by the pandemic, recruitment processes are being analyzed thoroughly to identify the areas requiring improvement. While hiring, data on the candidate’s education and skills are assessed to gauge the aptitude and potential of the employee. The systematic method of gathering data under standardized conditions, more commonly known as an assessment, is being adopted to hire and retain high-caliber employees. According to alliedmarketresearch, the global assessment market was valued at $2.14 billion in 2021 and is projected to grow with a compound annual growth rate of 11.6 percent to reach $5.64 billion by 2030.
With information regarding the current skills sets of potential employees gathered through assessments, organizations can filter out and hire ideal candidates. Understanding skills and retaining employees has become crucial in today’s business environment, where the younger generation changes several jobs within months. With efficient assessment practices, enterprises can retain and train employees to increase the value of the workforce. Regular assessments also provide an understanding of the gaps and the development needs that can be implemented to elevate the total output.
In this edition of Manage HR APAC, we present the list of the emerging HR assessment companies in APAC. Floprofiler is a prominent company that supports clients in assessing prospective employees based on behavioral patterns and then training them through retraining and coaching sessions. We also bring to you thought leadership articles and exclusive insights from expert CIOs and CXOs -Rodrigo Ochoa, Director HR, Samsonite; Richmond Kok, Corporate Director, Learning and Talent Development, Capella Hotels and Resorts presenting their views and opinions on how organizations can incorporate changes in the ever-evolving assessment industry. We hope the valuable insights from industry thought leaders and the assessment solution providers featured in this edition help you make informed decisions for your organization.
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