50 percent of India firms yet to unleash benefits of psychometrics

17 October 2016, 03:51 PM
50 percent of India firms yet to unleash benefits of psychometrics
50 percent of India firms yet to unleash benefits of psychometrics

Benefits of psychometrics largely remain unrealised in India as almost half the companies acknowledge not using it and as many as one in three has never explored it, but things are changing forthe better, according to a study.     

Psychometric assessment is the science of applied psychology, which is intended to identify specific personalitytrait that could highlight suitability for specific roles. Psychometrics is primarily used for recruitment andselection in India. Application for talent assessment and development was around 50 per cent for most management levels, but at entry level, it stood at a mere 7 per cent.     

"Psychometrics, as a science, is yet to be fully exploredand leveraged in India. In an increasingly competitive world,only traditional methods such as interviews or aptitude testsmay not be enough," said Shatrunjay Krishna, Director -Rewards, Talent and Communication, Willis Towers Watson, whichconducted the study.     

It further noted that despite succession planning being a key stated challenge for companies in India, the applicationof psychometrics in addressing this is low, with only 28 percent using it at senior management and 13 per cent for middlemanagement.     

As per the findings by the global advisory, broking andsolutions company, only 9 per cent of companies are unwillingto explore the new tool, indicating keenness among the vastmajority (81 per cent) to leverage advanced psychometrics.     

"Investment in training and developing a cadre of psychometric practitioners would lead to organisationsunderstanding its impact on the talent cycle, which in turnwill lead to a wider acceptance and right selection ofinstruments," Krishna said.     

Interestingly, more Indian domestic organisations use psychometrics compared with MNCs.    

First Published: Monday, October 17, 2016 03:42 PM

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