Trying to maintain a healthy company is difficult enough under ideal economic conditions. When money isn’t as easy to come by, though, efficiency is the key to survival. One of the primary ways for a company to maximize its efficiency is to ensure that each employee is as productive as possible — and to maintain employee productivity, you need real, actionable data. Use online assessments to capture the data that propels your company toward reliable and consistent profitability.
Use online assessments from the beginning to hire new employees who are perfect for their roles and place them with managers who will always get the best out of them. Use online assessments to help employees polish their skills before critical evaluations. Online tests can do so much to improve employee productivity that you’ll wonder why your company hasn’t been using them all along. Let’s take a look at how online testing can make your employees happier and more productive.
Train Employees More Effectively
Online assessments can greatly improve the training process, both when bringing new employees up to speed and in teaching new skills to existing personnel. Did you know that, within the first year of employment, people forget up to 90 percent of the information that they learned during their initial training sessions? Ongoing assessments can help employees keep their skills sharp by reminding them of information they may have forgotten.
Online assessments aren’t just useful for bringing new employees up to speed. Use online assessments when training support staff in advance of a new product launch, or when teaching employees how to use new office software. Assessments help employees understand the areas in which they need to improve. In the long run, they’ll be more productive because they won’t need to ask questions or search for references as often. Your training department can also use the results from assessments to refine training programs for better knowledge retention in the future.
Improve Coaching and Feedback
Many companies conduct formal evaluations of all employees at the end of each fiscal year. Often, the results help in identifying which employees deserve raises or promotions. A formal evaluation, though, isn’t the right time to inform employees of problems they haven’t heard about already. If an employee finds out about a problem for the first time in a formal evaluation, he or she will feel resentful towards management. The employee’s productivity will probably decrease as well.
One of the greatest benefits of online assessments is the fact that you can use them to create well-rounded profiles of employees in real time. Use a manager’s feedback to assess the areas in which his or her subordinates need to improve — and do the opposite to improve manager performance. Gather additional data by asking for feedback from peers and clients. By continually assessing your employees and providing feedback in real time, you’ll remove all of the ambiguity and uncertainty from the employee coaching process. End-of-the-year evaluations will be as stress-free as possible, and reducing stress always increases productivity.
Foster Competitiveness Between Employees
Do you have a corporate culture that encourages healthy competition between employees? An online assessment with public results could foster a sense of competitiveness that improves productivity across the board. A software company, for example, could have a contest ranking employees in how quickly they can debug code or invent solutions to certain problems. If your company is sales-oriented, you could hold an online assessment ranking employees in how well they handle different types of negative responses.
A competitive online assessment won’t work for every company. If the general attitude among employees is already negative because they feel poorly compensated or the company’s future is uncertain, forcing employees to compete with one another will only make a bad situation worse. In an environment that’s already healthy, though, competition often brings out the best in employees.
Improve Interpersonal Skills
Employee turnover is costly to any company. Finding and training a replacement for an employee in an entry-level position, for example, typically costs about 16 percent of that job’s yearly salary. It stands to reason, then, that reducing employee turnover can improve any company’s profitability. To that end, many companies now use personality tests to identify the most ideal prospects.
Did you know, though, that a personality test can also help to make your existing employees more productive? Personality tests are now surprisingly accurate in predicting employees’ compatibility with different managers. By placing employees with the right managers, you can combat the top reason why employees leave companies: dissatisfaction with leadership. Dissatisfaction with pay is actually the second most common reason.
Personality tests can also help you combat the third most common reason for employee turnover: lack of opportunities for advancement and development. Personality tests can help you identify the positions for which your employees are best suited. You could find, for example, that you have an unhappy administrative assistant who would thrive in the sales department. With a simple change, you could improve productivity and increase employee satisfaction at the same time.
Track Employee Activities
Many companies now allow employees to bring their own devices to work, since an employee who works with a familiar device every day can often complete tasks more quickly. Working with a familiar device, though, may also tempt an employee to indulge in non-work activities such as games and social networking. If your company uses software to track employees’ activities in real time, you can use online assessments to provide each employee with a snapshot of his or her daily activities. If the time that people use to “unwind” begins to run a little long, they’ll know before it becomes a serious detriment to productivity.
Get Productive With Online Assessments Now
Online assessments make it easy to improve your company’s productivity in every area, and there is no online assessment platform more powerful than Testofy. Testofy is the ideal platform for employee screening and placement, training, progress reports and critical evaluations.
Use online assessments to make sure that you’re hiring the right candidate for each open position — and continue using online assessments every step of the way to place employees with the right managers and nurture their development. Combat employee turnover by requesting feedback — and when an employee does decide to leave the company, use an online exit assessment to find out what you could do better next time.
Testofy uses a flexible system for payments to help your company keep its expenses under control. Following a free trial period, you can pay a simple monthly fee or pay only when candidates submit assessments. Get started with your free trial today!