Using Psychometric Tests to Get Hiring Right in Abu Dhabi - Example

The paper "Using Psychometric Tests to Get Hiring Right in Abu Dhabi" is a perfect example of a management capstone project. In today’s knowledge economy attracting, selecting and retaining the right talent is critical for the success of organizations. The role of knowledge workers can be better understood through understanding the market value of companies like Microsoft (357 billion US$) or Alphabet Inc., the parent company of Google, which has a market value of 535 billion US$. The high market value of these two firms is due to the knowledge capital of the employees of these firms who with their knowledge bring innovations in technology.

Against this background, it is very important to hire and retain the right talent. A report in the Harvard Business Review by Datner (2013), highlights that companies are adopting new approaches to improve their hiring performance. Among the new approaches, the use of personality tests is increasing in the hiring, promotion and development of employees. A survey conducted by the Society for Human Resource Management reported that 18% of the organizations are using psychometric tests and its use is growing each year.

The cost of a bad hire is widely estimated to be at least one year’s pay, and poor performance of an employee in-turn will affect the performance of the team and the organization. So there are huge incentives for organizations to get hiring right.

Datner (2013) states that the correct use of psychometric tests can increase the chances of hiring and retaining the right employees who have a high chance of success in their jobs. Psychometric tests provide specialist information to support managerial decision-making, by increasing the accuracy of decisions regarding the selection, promotion and development of employees. These assessments also assist individual employees in gaining insight into themselves, for the purpose of their own self-development (Van Der Merwe, 2002).

• • 1.2 Problem statement

ADNOC as the market leader in the UAE energy sector is one of the most preferred employers.