Recruitment is expensive at the best of times. Hiring costs upwards of 2.5 times* an individual’s salary and post-recession budgets are tight. You need new recruits to get up to speed rapidly and start paying back your investment from day one.
In a changeable economic climate how quickly a recruit learns new procedures and reacts to change can mean the difference between success and failure in their job. Businesses can little afford the training costs associated with new starters, or the loss in productivity that occurs while they pick up a new role.
A new hire on a Rs.50,000 salary working at 50% for the 1st month will cost you over Rs.25,000. Hiring people who learn and perform quickly minimises the loss of productivity associated with getting a new hire up to speed and reduces the need for expensive training programmes.
People assessments from Thomas can help you identify the candidates who will learn quickly and hit the ground running. Our tools will enable you to select candidates who will settle into a job and start performing fast.
Call us on +91 22 43489963 or email prateek@thomasassessments.com to discuss how Thomas assessments can help you recruit people who will perform faster.
*Source: Tracey Jones, Head of Training, Thomas International.