The need for talent is growing at a brisk pace and so are the challenges associated. The constrained availability of high quality manpower ensures that recruitment today is no longer just about hiring the perfect talent for the job but also to ensure that we meet our recruitment targets with talent above particular benchmarks.
Aspiring Minds has developed nationwide employability norms for candidates from various academic credentials. These allow corporates using our tools to evaluate the quality of talent being sourced and recruited vis-à-vis the quality talent available in the country, making the recruitment informed and judicious.
Organizations continue to grappled with low quality of talent being evaluated and hired. Typically, a company recruits the right talent from the talent that they are able to attract or source. Hence the quality of recruitment is intrinsically biased to the quality of sourcing. It is really hard to ascertain if the challenge of quality is due to the general available talent or due to lack of adequate sourcing reach and quality.
Hence, it becomes imperative for organizations to compare the talent being sourced to the national averages of talent quality. Generally speaking, the same can be feasible only if the organization has a nationwide reach and evaluates hundreds of thousands on individuals across the year.
Aspiring Minds has put together the first statistically valid set of talent quality norms available in India. These norms cover a variety of competencies including communication skills, aptitude, personality and domain skills. These norms are derived from the evaluation of over half a million candidates across the country. The evaluations have been done using Aspiring Minds IRT based adaptive, standardized and highly reliable assessments.
The norms allow corporate to immediately compare the quality of talent being sourced to the nationally available talent pool of the same kind. The norms can be derived on the basis of academic qualifications, region, gender, city tier, subjects etc making it possible to do apple to apple comparison of talent being sourced or evaluated to the talent available across the country.
The power of talent quality norms allows corporate to recruit intelligently tapping high quality talent more aggressively while passing on poorer quality of talent being sourced more confidently.
Our assessments tools and reporting make the use of talent norms absurdly simple. Candidate feedback reports from our tools automatically adjust to the academic background of the candidate being evaluated and display the national percentile for each competency being measured. National percentiles along with the absolute scores of the candidates allow recruiters to make smart hiring decisions.
Aspiring Minds analytics team can help the recruitment team interpret the scoring and percentiles and what they mean to make the right hiring or trainability decisions.
National Norms together with Aspiring Minds' Talent Map allow us to effectively build the right benchmarks for 'right' hiring.
Today’s reality is that our talent benchmarks are no longer just dependent on success on the job. It is equally important to ensure that our talent benchmarks take into account the quality of talent available. Here the National Norms come into picture.
Aspiring Minds analytics team using its nationwide norms can help accurately predict the recruitment funnel throughput at various benchmarks helping strike a balance between quality and availability.
New Delhi, February 24, 2012: Aspiring Minds' National Employability Report, Engineers 2011 was covered extensively by the national media around the country. The Economic Times, Asian Age, Deccan Chronicle, Rediff, The Hindu and others talked about the low employability of engineers for IT services and IT product companies. Read more