The Kinds of Tests You Can Use during Recruitment

Joe Hadzima, a senior lecturer at the Sloane School of Management in MIT, says that the usual expenses for hiring an employee usually involve recruitment, office space, and equipment. Taxes, benefits, and basic salary are part of a different calculation altogether.

Since recruitment is a crucial and major process, employers take their time in selecting employees. The screening process during the recruitment stage is usually comprised of several sets of tests to make sure that the company gets the best candidate.

Companies have different employment needs, so tests will always vary. Listed below are some of the tests applicants can expect during recruitment.

Cognitive-Ability Tests

These types of tests deal with a candidate’s intellectual performance. As such, they measure your mental agility, analytic thinking, perception, and verbal reasoning. When cognitive-ability tests are used, what the employer is looking for is how well candidates can use their mental faculties to solve problems at work and to gain knowledge.

The questions are related to spatial reasoning, reading comprehension, arithmetic, and logic when one takes a cognitive-ability test. Remember, though, that this test, like other tests, should be checked for validity. This means that tests should be designed such that they can make appropriate and adequate measurements of what they were supposed to assess.

Personality Tests

Aside from measuring general intelligence, tests can be used to measure a candidate’s work style and attitude. It is believed that assessing the personality partly determines the success of a candidate in dealing with people and working in groups.

Personality tests usually look into the following components: emotional stability, extraversion, conscientiousness, agreeableness, and openness to experience. Applicants may have the knowledge and the skills for the job, but if they don’t have the correct “people skills,” they may risk getting into conflict with colleagues and bosses.

One downside of personality tests is that they are subjective. There are no wrong answers, so there is no exact way to measure personality traits. Aside from that, applicants may feel the need to choose answers that they think will make them look good, instead of choosing the ones that actually reflect who they are.

Drug and Alcohol Tests

In safety-sensitive positions, drug and alcohol tests are often required. The laws across states may differ, so employees and applicants alike should be well informed on what are legal. Companies should have clearly defined policies on drug screening.

In states like California and Arizona, marijuana use is legal, but there are certain limits to the allowable amount of tetrahydrocannabinol (THC) in the body. In that case, applicants need to subject themselves to marijuana drug screening, usually in the form of blood tests, urine tests, and breath tests.

If applicants are under medication for a chronic disease, they need to inform your recruiter so that the recruiters can consider the test results carefully. For safety reasons, applicants also need to know if their medication has any serious adverse effects.

Very Important

There are many ways employers can assess applicants. Each kind of test has its limitations, and usually, it is the wise combination of several tests that can help determine which candidates are suited for the job. Employers and applicants should both be aware of their individual rights to avoid any legal problem or accusations of discrimination.

The Finance Revolution – What’s New?

Financial investments in the past have been thought of as a niche practise for the well-versed in business and finance, with the option for the many being ISA’s and saving money. Today, thanks to the booming revolution in the accessibility to such services, everyday consumers have a quick and easy way to access these services without the hassle surrounding them in the past.

MoneyBox, and other investment services

A great example of a service provided today is MoneyBox, an intuitive, quick way to invest your spare capital in companies you know and trust. The idea is simple – an app is installed on your smartphone or other device, and logs your spending on the card you connect. For each spend, the app will round up the cost to the nearest pound, and will save the excess amount into your savings on the app (for instance, if you spent £2.20 during the day, the app would take 80p on top of this spend and move this to your savings). At specific times, the app will then take the total savings you have, and distribute it into a number of different brands as stock. This investment is then under your control and monitoring, with the help of the app alerting you of the money you have gained or lost in real-time as the price of that stock changes.
The beauty of a solution like this is that the entirety of the process is contained within one very simple app, whereas at the advent of popularity with investments multiple services would be needed from many different services, which can reduce security and stability.

Smartphone banking

With the availability of transactions via card, it’s more important than ever to have an instantaneous overview of spending via notifications, and have the ability to control your card without dreadful waiting times. Online banking and smartphone based apps for your banking help alleviate the frustration of calling up your bank to make a change, and swap this experience for a responsive control centre at your fingertips. This is where a service such as Monzo can come in. Monzo is an independent banking solution which provides you with a great alternative to a traditional current account, alongside their advanced app on your smartphone which can monitor anything you do on your card as well as ‘freezing and defrosting’ your card, should it be lost or stolen, instantly.

Robo-Investing

Unlike some of the utilities that just let you invest money easier, a robo investing service will provide you with automation of some of that process. Asking a series of questions about you and your plans for investment, the utility will match you to one of its predefined profiles, investing based on the risk level your answers gave with a set budget. The automation can detect some trends in data like a real analyst would, moving your investments accordingly and acting on real-time data from a variety of different feeds faster than this could be done manually. The great feature of this kind of service is the peace of mind it could give over the entire process – being able to react to changes 24/7, the system can advise on changes that should be made to your investments without having to compromise your time monitoring changes constantly. One such service is MoneyFarm’s Robo-Advisor, a tool which can quickly help you achieve your investment goals without breaking the bank.

How To Make Employers Fall Over Themselves To Hire You

There are few moments in life more nerve-wracking than being sat opposite someone who holds your future in their hands. A job interview is one of those things that we all have to go through multiple times in our lives, but it never really seems to get any easier. However, there are a few simple things that you can do to make any employer desperate to hire you.

 

Make a great first impression

As the old saying goes, you never get a second chance to make a first impression, and few first impressions count more than the one at a job interview. Of course, the first thing you should do is make sure that you’re on time, if not a little early. When the interview itself actually starts, offer a firm handshake. If they offer you a glass of water, accept it. For one thing, this will show a degree of confidence, but it’s also just useful because your mouth is likely to dry out pretty quickly during an interview.

 

Make yourself stand out

There’s a good chance that the interviewer has seen dozens of people that day. Which means that the pressure is on you to make yourself stand out, to show them what makes you unique. Now, there’s almost certainly something about you that is unique and stands out, the key is just being able to communicate that fact to them. The only real way to be able to do this effectively is to practice and prepare as much as possible.    

 

Remember that you’re there to solve their problem

There’s a strange idea that many people have when it comes to job searching that all of the pressure is on you to impress potential employers, who are the ones holding all of the power and you’re just desperately trying to get them to hire you. And yes, it is definitely your job to demonstrate to them why you’re the right person for the job. But there’s one thing that far too many people forget when they’re being interviewed. That employer had a problem, and they’re looking for a solution. They want to find the perfect person for the job. If you go into the interview with the mindset that you’re the solution to their problem, not only will you be able to communicate the things that they want to hear more effectively, but it’s going to be a huge boost to your confidence as well.

Now, doing these things isn’t going to take all of the fear out of an interview, though they will certainly help. If you’re feeling incredibly nervous, then remember that there are plenty of different ways to relax yourself. Deep breathing can be incredibly useful, as can doing as much research in advance, so you’re fully prepared. There are a lot of ways to stop yourself being nervous, but the key is simply to present yourself as confidently as possible. If you appear like you’re in control, then any employer is going to pick up on that.