Plum knows that when people flourish, business thrives. That’s why the revolutionary talent assessment platform uses predictive psychometric data to inform objective talent decisions, which means companies do not have to venture far to find new talent. Instead, organizations can look for untapped potential in their existing pool of employees. To support this thinking, Plum developed a single psychometric assessment able to empower you to mobilize your talent and invest in your current workforce.
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Finding the right talent to grow your business is an investment that ought to be measured thoroughly before moving forward. Hiring the wrong individuals can impact a business’s bottom line more than expected. In fact, an unfit hire can waste up to five times their annual salary before being dismissed. A business’s budget is not the only element strained by a poor hire. The consequences can include a frustrated workforce and a decrease in your company’s product quality as a result. It’s essential to your business’s bottom line to hire right the first time around.
Plum knows that when people flourish, business thrives. That’s why the revolutionary talent assessment platform uses predictive psychometric data to inform objective talent decisions, which means companies do not have to venture far to find new talent. Instead, organizations can look for untapped potential in their existing pool of employees. To support this thinking, Plum developed a single psychometric assessment able to empower you to mobilize your talent and invest in your current workforce.
Talent Acquisition and Management are among the most difficult aspects of running an organization, and they aren’t getting any easier. From concerns about shrinking talent pools and growing candidate expectations to the trend of frequent career shifts, companies have their hands full trying to juggle it all. It is therefore no surprise that an increasing number of companies are turning to tools, such as psychometric assessments, to provide their Human Resource departments with the assistance that they so desperately need.
In most instances, discussion of small and midsize businesses (SMB) focuses on the organization’s number of employees, with small being fewer than 100 and midsize landing somewhere between 100 and 999. But as Gartner reminds us, there is another identifying factor: revenue. Here, small businesses are organizations with less than $50 million in annual revenue, and midsize make more than $50 million but less than $1 billion in annual revenue. Seeing those numbers on the page (or, more likely, screen), a few things jump out.
Belonging is a fundamental human need, yet 40% of people say they feel isolated at work. The unrest in the world and shifts in workforce composition have only exacerbated feelings of isolation for many workers – causing them to rethink their current jobs and leave for better opportunities.
Tech jobs are some of the most in-demand jobs in the world right now, but prospective candidates won't be able to get by on raw technical abilities alone.
As the economy continues to recover from the disruption caused by the pandemic, many organizations are dealing with the challenges of attracting and retaining talent — as the current demand for labor continues to grow and voluntary turnover continues to increase at a record high.
For decades, employers have placed emphasis on an 8.5 x 11 document to find their next great hire. The resume format may have evolved over the years, but its role in making talent decisions has not.