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iACT pre-hire assessment products give companies the information they need to make more effective hires in an easy to administer, easy to interpret format, so they can focus on the hiring decisions and not the paperwork.
Experts estimate the cost of a bad hiring decision at 20% to 200% of a year’s salary. With stakes this high, it’s no wonder more and more companies are integrating iACT assessments into their hiring processes.
For example, iACT assessment products can help companies to:
- Reduce employee turnover by 20% or more
- Cut your time to hire 50% or more and with less cost
- Improve the quality of your hiring interviews
Over the years, iACT has developed competency assessment exams in almost all industries and functions. Whether you are looking for functional skills like finance, supply chain, sales etc. or you are looking for industry knowledge in manufacturing, banking, logistics, telecom etc., iACT has ready assessment tools that can help you to differentiate between candidates whose CV look similar but may actually have vastly different knowledge and skill levels.
iACT also provides customized services wherein an expert from iACT collaborates with your functional and hiring experts and develops a specific assessment tool for the positions you are planning to fill. The time to develop customized tools is minimal as iACT already has a very large library of exams and these can be used as starting point for developing the customized exams.
List of skills areas covered by standard iACT assessment tools:
- Operations
- Six Sigma
- Supply Chain Management
- Quality Management
- ISO 9001
- Project Management
- Customer Service
- Procurement Management
- Logistics Management
- Lean Thinking
- Sales & Marketing
- Selling Skills
- Cold Calling
- Telemarketing
- Internet Marketing
- Networking & Relationship Building
- Technology
- Basic Computer Skills
- MS Office Applications
- MS Project
- ERP Basics
- Internet Basics
- Information Security
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- Finance
- Finance for Non-Finance Executives
- Business Planning
- Accounting Fundamentals
- General Management
- Business Fundamentals
- Business Analysis & Decision Making
- Time Management
- Leadership
- Negotiation
- Managing a Team
- Effective Communication
- Effective Business Writing Skills
- Industry Knowledge & Skills
- Retail
- Insurance
- Banking
- Automotive
- Pharma & Healthcare
- Textiles, Apparel & Fashion
- Hospitality
- International Trade
- Consulting
- Telecom
- Manufacturing
- Transportation & Logistics
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