MEHR’s – HR Essentials Series 4

MEHR’s – HR Essentials Series 4

Short:

Top 5 Buzz Words in Psychometric Testing  :

  • Psychobabble: Means by which people talk about themselves without revealing anything.
  • Intelligence Decision Automation (IDA) : Combination of artificial intelligence (AI) and automation.
  • Validity Study : Helps determine the effectiveness of an assessment strategy.
  • Digital Footprint : A trail of data left behind by all users on digital and social media
  • Big Data : Companies were able to cut their attrition rate at call centres by 20 per cent.

Prepared and edited by MEHR Research team using sources from websites and e-books.            

               

Long

Top 5 Buzz Words in Psychometric Testing  :

  • Psychobabble: It is the means by which people talk about themselves without revealing anything. A set of repetitive verbal formalities that kills off the very spontaneity, candour, and understanding it pretends to promote. It’s an idiom that reduces psychological insight to a collection of standardized observations that provides a frozen lexicon to deal with an infinite variety of problems. It creates an impression of truth or plausibility
  • Intelligence Decision Automation (IDA) : It is the combination of artificial intelligence (AI) and automation.  Intelligent automation systems sense and synthesize vast amounts of information and streamline decision making processes. They are capable of aggregating, extracting, and analysing complex information such as human speech or unstructured text.
  • Validity Study : Helps determine the effectiveness of an assessment strategy. The three aspects of validity that do have an impact on the practical usefulness of the psychometric assessment method are construct, concurrent and predictive. The less relevant aspects are Content and Face Validity
  • Digital Footprint : A recent survey by a social media monitor Reppler found that 91% of recruiters use social media to screen candidates. Digital footprint is a trail of data left behind by all users on digital and social media, which includes both passive and active data. Social media sites like Facebook, Twitter and LinkedIn are highly searchable and appear at the very top of Google searches. This basically allows recruiters to form an opinion without even meeting you.
  • Big Data : Calling big data the business intelligence buzzword of 2015 or 2016 is an understatement; it’s a buzzword of the decade. A Towers Watson survey of more than 1,000 organizations last year found HR data and analytics to be among the top three areas for HR technology spending. With the use of big data analytics, companies were able to cut their attrition rate at call centres by 20 per cent. By analysing various sources of employee information, HR can more accurately identify issues that lead to lower employee engagement, as well as opportunities to boost engagement. Big data is likely to take over Psychometric Assessment too in the near future

 

Prepared and edited by MEHR Research team using sources from websites and e-books.            

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