PRINCETON, N.J., Aug. 31 /PRNewswire/ -- SHL Group, Ltd., (www.SHL.com), a global leader in workplace talent assessment solutions, today announced the availability of a research report published by Aberdeen Group which demonstrates that Best-in-Class companies are utilizing SHL talent assessment solutions to transform organizational performance. The study shows that assessments have moved beyond just pre-hire decision-making, and are responsible for improvements in profit per full-time employee, hiring manager satisfaction, first year retention, and new-hire performance. The full report SHL Clients: Demonstrating the Positive Impact of Assessment on Business Performance is currently free to download from the SHL website.
In the March 2010 report Talent Assessment Strategies, Aberdeen Group studied over 250 organizations actively using assessments, including 74 companies utilizing SHL solutions. Overall, Aberdeen's analysis showed that assessments act as a critical decision-making tool throughout the entire employee lifecycle by providing real data and measurements about an employee's behavioral, ethical, and cognitive makeup.
In examining the organizations using SHL solutions, Aberdeen found that companies using assessments in both pre- and post-hire talent decisions have experienced:
- 12% increase in revenue and an 11% increase in profit per FTE
- 47% greater improvement in hiring manager satisfaction
- 15% greater performance in first year retention
- 18% greater new-hire performance
When evaluating assessment solutions and providers, Aberdeen discovered that organizations are primarily concerned with the solution's ability to integrate with existing HR systems. Through a strong alliance network with industry-leading technology providers, including StepStone, Taleo, and PeopleClick, over 200 SHL customers are already benefiting from having assessment capabilities fully integrated into their talent management platform and strategy. Visit SHL Integrator Partners for details.
SHL is the global leader in talent assessment solutions, supporting organizations in the selection, performance management and development of people at all levels and across all sectors. Operating in more than 50 countries and in more than 30 languages, SHL offers the world's largest portfolio of assessment tools, creating innovative solutions to help organizations increase productivity and gain competitive advantage through improved people performance.
SHL works with thousands of the world's best known organizations, including 80 of the FTSE 100 and more than half of the Global Fortune 500. In the last 12 months, the company has delivered more than five million online assessments worldwide.
For more information, please visit www.shl.com.
SOURCE SHL Group, Ltd.