“Assessment Pulse from
the Careersindia team
brings to you the
happenings in the
assessment space that
Careersindia has been
associated with."
Assessment Pulse from the Careersindia team brings to
you the happenings in the assessment space which we
believe would be of high relevance to you. We thank you
for your feedback on our earlier editions and will look
forward to more of them to make this useful and
informative.
q
NASSCOM – NAC – Pilot Phase Completion
q
Costs of Attrition
q
Careersindia Certified Assessment Centers
q
Careersindia Research and Analytics Program
“The companies can make
use of this service and get
access to a ready pool of
candidates tested on
standardized assessment
suitable for various job-
processes"
National Assessment of Competence – Second Phase
The NASSCOM – NAC Initiative has been successfully
implemented for the second phase of the pilot programme and
has been completed across all locations that were planned for
being covered.This phase comprised of existing employees from
various leading BPO companies all over India as participants.
Over 3000 employees participated in this 2 month long exercise.
As the only Indian company participating in this initiative,
Careersindia was asked to make detailed reports on the findings of this
exercise.
The second phase findings provide valuable inputs in establishing a nation-
wide benchmark for a job and career in the ITeS industry. More details on
this project may be obtained from the website of
NASSCOM
"While the direct costs of
hiring are easy to see, it is
the indirect costs that worry
the organisation"
“All these add up to 12
months of annual salary or
more considering the
impact they have on the
productivity and
organizational morale"
Attrition Costs!
Gone are the days when it was simple to work out a
budget for HR. While the direct costs of hiring are easy
to see, it is the indirect costs that worry the
organisation. It has been said that direct cost of hiring is
usually 30 to 40 % of the annual salary consisting of
fees for the placement specialists or advertisement, cost
of selection tools and miscellaneous expenses such as communication,
travel, reimbursements etc. This does not include the executive time which
varies according to the importance of the position.
While this is certainly high, only progressive organisations compute
indirect costs, which will include the cost of attrition :
Cost of replacement
Cost of vacancy
Cost of training and learning
All these add up to 12 months of annual salary or more considering the
impact they have on the productivity and organizational morale. Hence
smart organisations are directing their attention to employing specialists,
modern tools and technology to bring in consistency, speed and
robustness in ensuring that they hire the best and retain the best.
Companies do not want to miss out on a good hire from the hundreds who
apply and at the same time certainly will not like the ‘law of averages’ to
operate when they screen and select from those hundreds and make a
mistake hiring wrong people.
With recruitment becoming more complex and users becoming more
sophisticated, the need for periodic checks on attrition is growing.
Many international companies have structured third party support and
have found them to be a significant revenue generator. Because of
such support, organisations are retaining highly skilled, motivated, able to
learn, and willing employees to lead their companies in providing world-
class service.
Careersindia is currently undertaking several research studies with
organizations on attrition. These client organizations have been using the
online Attrition Analysis service ‘
Exit Pulse
'.
Careersindia Certified Assessment Centres
Careersindia's testing and assessment
solutions rely on the web as a medium of
delivery. Candidates from all over India
access Careersindia's tests through the
Internet from their Colleges, Companies or
browsing centres.
In response to the growing need from its clients to have authorized
Assessment Centres for screening candidates, Careersindia delivers clients
convenience, flexibility and economy by having a strategic association with
specific Internet Access centres in several locations in India.
These centres conform to the specifications of the requirements in terms
of infrastructure and connectivity required for the deployment of the online
assessment solutions of Careersindia.
In addition, the personnel in these Certified Centres are trained and
certified in the test administration process as per specifications.
For more
Info...
Careersindia Research and Analytics Program
Careersindia
, being one of the early movers in the
testing and assessment space, believes that
continuous research is essential for sustained
progress.
Careersindia
considers it important to do
systematic research in collaboration with client
organizations to provide client specific profiling,
norming etc.
Careersindia
research is essentially
in three broad areas.
Research for New Product Development
Research and Analysis of Services for online Assessment of
employee satisfaction and employee attrition
Team, Company and Industry Specific Norm Building Services
Industry specific research programs on Behavioural and Managerial
Assessment are currently happening.
Click here
if your organisation would
be interested in taking part in our research program.
The Road Ahead
While online assessment is picking up steam, developments are
on for many more services to make human resources
management more technology-savvy, result-oriented and cost-
effective.
Allied services already used by organisations include, photo
capture for authentication, multimedia content in assessments,
seamless integration of human rating with online assessments and so on.
We are also making efforts to broadbase the assessment concept from
individuals to teams to organisations. This enables companies initiate
HR diagnostics and problem solving by studying culture, climate,
attrition, engagement and career management.
These promise the same benefits as online testing – reduced geographical
constraints, smarter deployment of technology for HR challenges and
greater cost-effectiveness.
Careersindia Pvt. Ltd
.
Phone
:
Chennai - 044 28260337
Mumbai – 022 56267844
Delhi – 011 41600856
Bangalore - 080 23122166
E-mail:
response@careersindia.
com
Website
:
www.careersindia.
com
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