Unlocking Insights with Psychometric Assessments Based on Analytics

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One of the top Human Resource Consultancy firm did a snap survey with Human Resource professionals asking them, “If you are not limited by resources (budget or people), which HR Technology project would you tackle this year?”

Around a hundred HR professional from India's top listed companies responded to it.

Top two initiative came out to be: HR Analytics and Performance Management.

HR Analytics is being marked as the most valuable HR initiative in next 12 months. HR analytics allow professionals in the human resource function to identify current capabilities and competencies within organizations, detect any gaps and be proactive in the supply and demand of talent to support the business needs. HR analytics enable companies to quantify the return on human capital and improve human resource policies.

Second most valuable initiative in the next 12 months came out to be Performance Management. HR managers would like to utilize performance management technology to assess employees' performance and identify employees who need additional training to reach their potential. No wonder HR Psychometric professionals are keen in measuring the returns of performance improvement plans and, an efficient performance management technology will surely serve the purpose.

PMaps is one of India's leading analytics-based psychometric assessment firm, which specializes in pre and post hiring assessments for measuring and for improving returns on human capital through rational application of behavioral and data sciences.

For knowing more about us, do write to us at ssupport@pmaps.in

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Frequently Asked Questions

Learn more about this blog through the commonly asked questions:

What were the top HR technology initiatives identified in the snap survey?

The top HR technology initiatives identified in the snap survey were HR Analytics and Performance Management.

Why is HR Analytics considered the most valuable HR initiative for the next 12 months?

HR Analytics is considered the most valuable HR initiative because it allows professionals to identify current capabilities and competencies within organizations, detect gaps, and proactively manage talent supply and demand to support business needs.

What role does HR Analytics play in addressing talent needs and improving human resource policies?

HR Analytics enables companies to quantify the return on human capital investment and improve HR policies by providing data-driven insights into talent management and performance.

Why is Performance Management technology considered crucial for HR managers?

Performance Management technology is crucial for HR managers as it helps assess employee performance, identify training needs, and implement effective performance improvement plans.