The following are various case studies that we have conducted
with our clients followed by testimonials: (Note: we have removed
the actual client names and contact names in order to honor client
privacy)
Case Study – Sales Position – Printing Industry
- May 2005 – Identified 100% of poor performers
Case Study – Sales Position – Cable Technology Company
- August 2004 – Reduced turnover by 50%
Case Study
- Inbound Call Center position handling technical related issues
(cable, high-speed data, payment issues, etc.) – July
2004 – Achieved 90% retention rate
Case Study
- Inbound Call Center for a Financial Company – July
2004 – Achieved 100% retention rate and 100% hiring rate
of applicants recommended by staffing company
Recap
of results of study (Sales Job – May 2005): Back
to Top
Two Objectives: To create a statistical
benchmark of core traits and cognitive abilities for use in selection
as well as to create a custom coaching and development report
for use with Resale Sales Representatives and their direct Managers
to improve sales performance.
What were the steps used:
- All current sales personnel were asked to
take a personality and cognitive assessment online in order
to assess their core behavioral traits and cognitive speed.
- Management was asked to break down sales performance
of current personnel into 3 categories (Above Standard “A”,
At Standard “B” or Below Standard “C”).
- The assessment data along with the job descriptions
were analyzed in order to create a “benchmark” for
top performance.
- All personnel were then compared to this benchmark
in order to create an overall “percentage” score
to that benchmark.
- Excel spreadsheets were created showing the
breakdown of each individual according to the benchmark.
- We attended some of the sales training sessions
being held for current personnel whereby we could hear and
see the expectations of current sales personnel.
- Using the data from the assessment and the
knowledge from the training sessions, a custom report was created
to be used for coaching and development and current and future
sales reps.
- Using the data from the assessment, a benchmark
was created to be used in the selection process of future sales
reps.
Results of the process:
- If the current benchmark had been utilized
in selecting current sales reps, it would have accurately
identified 100% of the struggling or “C” performers.
- If the current benchmark had been utilized
in selecting current sales reps, it would have accurately identified
84% of top versus bottom performers.
- A custom report has been built that can be
used for current or future reps to identify “tips” for
coaching them to higher performance.
- A custom benchmark has been built that can
be used in the selection process to help identify prospects
that may not fit the position.
Data provided with study results:
- A spreadsheet showing all the individuals
in the study sorted by their overall % fit from 100% to 21%
being the lowest. This spreadsheet shows which “critical
zones” they hit indicating a significant trait that is
missing. It also shows their actual scores from 1-10
on each trait measured including cognitive speed.
- A recap spreadsheet showing where “T” top
performers versus “B” bottom performers fell on
each scale. This is the beginning of the development
of the benchmark (Red is critically bad zone, Yellow is Ok
and Green is ideal).
- A sample of the Custom designed Coaching and
Development report that has been given to each of the current
reps to help in their development.
- A sample of a hiring report that can be used
for future applicants (whether internal or external) to make
sure they actually fit the position.
About the Client: The
client is one of North America’s leading providers of visual
communications with 85 facilities and 10,000 employees. In
early 2004, the company ranked second in the printing and publishing
category as Fortune Magazine's Most Admired Companies and ranked
number five of the Russell 3000 companies on Corporate Governance
Quotients by Institutional Shareholder Services.
Study submitted:
August 2004 Back
to Top
Type of Company: Cable
Television Technology & Services
Application: Hiring
Type of Position: DSR – Direct
Sales Representative – “Team Members” (“Neighborhood” representatives
for 500,000 homes serviced by the company)
Goals:
- To demonstrate an increase in retention rates
with the applicants being placed.
- To decrease “training pay” (time
new employees are being paid for their training rather than
being able to produce).
Measurable Results after implementing
the Psychometric Assessment System to measure behavioral traits
and cognitive abilities:
- In one year of using the assessments, reduced “90
day or less turnover” by 50%
- In one year of using the assessments, reduced “training
pay” by 30% to 50% in each division which allowed bottom
line payroll savings to be re-allocated to improve training
and development
Additional information shared by the
client as a result of the study:
“We currently employ 150 Team Members
in this position and began using the assessments in June of 2003. We
have assessed approximately 500 applicants during the year. We
are able to screen many more applicants now in the same amount
of time as before due to the ease of use of the online system. In
the past, we would lose a large number of Team Members within the
first 90 days simply because the job was not right for them or
they came into the position without “focused” training
on their individual development needs. By using these assessment
tools, we can ‘see’ how the job is going to fit and
we know what skills to focus our training efforts on for each applicant. It
has cut our training pay expense for new reps by 30% and as much
as 50% in some divisions. In most cases, we were able to
reinvest these savings into more training for the reps themselves. Furthermore,
our Team Member productivity has increased by at least 10% as a
result of us hiring the best reps we can out of our applicant pool. With
more time spent on Team Member development and less time spent
dealing with turnover, the entire team wins.”
Study
submitted:
July 2004 Back
to Top
Type of Company: Staffing
Application: Hiring
Type of Position: Inbound
Call Center for technical related issues (cable, high-speed data,
payment issues, etc.)
Goals:
- To demonstrate an increase in retention rates
with the applicants being placed.
- To increase efficiency by determining which
applicants would be the most likely to succeed in the technical
training course.
Statistics prior to using the Psychometric
Assessment:
- 70% retention rate with 30% turnover
Statistics after implementing the Psychometric
Assessment System to measure behavioral traits and cognitive
abilities:
- 90% retention rate with 10% turnover
- Unexpected Benefit: The staffing company
was losing about 50% of the remaining applicants who had been
evaluated for the call center job but had not been placed and
who were available to be placed in other positions. After
implementing the assessment system, they have cut that loss
dramatically to 25% and are now placing remaining applicants
in other positions. This is primarily because their assessments
can now be utilized efficiently to compare them to other open
positions that may not have been considered.
Additional information shared by the
client as a result of the study:
“The assessments have helped us to make
considerably better placements in general for all of our accounts. We
have seen some very dramatic results. In one example, we recruit
inbound contact center reps that take calls related to cable, high-speed
data, payment issues, and other technical related questions. We
were able to refine our interview questions based on the summary
results we received from the assessment. We were also able
to make better hiring decisions. The great majority of the
turnover we had experienced resulted from employees not being able
to keep up in training and learn the material fast enough. The
assessment system helped us identify those individuals who may
have potential red flags. Another interesting fact is that
prior to using this tool we would lose about 50% of the candidates
we evaluated but did not place at the client. The assessment
has been a great resource to enable us to place twice as many people
in other positions better matched to their abilities.”
Study
submitted:
July 2004 Back
to Top
Type of Company: Staffing
Application: Hiring
Type of Position: Inbound
Call Center for a Financial Company (“Client”)
Goals:
- In order to compete successfully with 5 other
approved vendor sources for applicants, we needed to show a
competitive advantage over them. We also needed to show
how we could increase qualified placements for the Call Center
position.
- To demonstrate an increase in retention rates
with the applicants being placed.
Statistics prior to using the Psychometric
Assessments:
- 40% retention rate (60% turnover rate with
other vendor’s placements)
- 33% “hire” ratio of applicants
for these positions (66% of applicants being presented by other
vendors were not being hired)
Statistics after implementing the Psychometric
Assessment System to measure behavioral traits and cognitive
abilities:
- 100% retention of applicants placed by this
staffing company
- 100% “hire” ratio of applicants
presented for the position by this staffing company
Additional information shared by the
client as a result of the study:
“The assessment system was very effective
in getting a thorough look at the candidates learning and personality
styles. Our client was very impressed with our in-depth
profiles of the candidates and felt very good about hiring our
applicants. Additionally, we have had a 100% retention
rate with our recommendations while the client informed us that
the other vendors had a 60% turnover rate. We just completed
recruiting for a class beginning on 7/19/04 and again increased
the number of candidates we placed. Our client hired 100%
of our submissions because of the comprehensive information we
were able to provide from the assessments while she had a 33%
hire ratio from the other vendors. In this situation where
we are one of several approved vendors these assessment tools
have really helped us differentiate our company and our candidates
from our competition.”
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