While businesses of all sizes benefit from better understanding their talent, whether incoming or already in place, small and medium sized businesses (SMBs) often have a significantly smaller window for mistakes. That’s why it’s a necessity for SMBs to utilize pre-hire and post-hire assessments to make more informed decisions wherever possible.
Did you know:
- 53% of companies indicate that their biggest HR challenge is overcoming the shortage of required skills available in the labor pool.
- SMB businesses are 43% more likely than enterprises to utilize assessments more consistently throughout the talent lifecycle.
- SMBs are 29% more likely than enterprises to have budget constraints that keep them from being able to implement any kind of assessment.
- Best-in-Class companies that use assessments are 2X as likely as All Others to have employees who exceed performance expectations.
To learn more, read the full report: Implementing Assessments in Small and Medium Sized Businesses