Axis Veriforte 1 | Page 5

“ We believe … organizational excellence is not a matter of coinc idence.“

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Organisations effectively conduct a review to determine what areas of an internal HR function no longer add value to the organisation and what can be outsourced to a consultancy / Vendor. This may result in all of the business process being outsourced or some non-core activities.
HR Outsourcing is the process of sub-contracting human resource functions to an external supplier. HR Outsourcing is a process made popular amongst organisations who are seeking to relieve themselves of the administrative burden that is quite often related in having an in house HR function, as well as to reduce operating costs.
How can psychometrics help organisations in recruitment and selection?
Taking right decision at the selection stage itself is very important not only for employee work satisfaction index but also for enhanced productivity, better employee relationship management as well as mitigation of the rate of attrition at a later stage. Making the wrong hiring decision is expensive and at times difficult to resolve. It requires double the effort to identify, select and train another person to attain the same kind of specific experience and expertise. It is a time-consuming process and involves recurring expenditure. Furthermore, putting all candidates through a rigorous interview process is neither practical nor cost-effective. In such a scenario, workfocused psychometric assessments are increasingly being used today in various organizations for screening and assessing large talent pools. Psychometric profiling provides a scientific method of screening candidates and producing a wholesome list of prospective employees.
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