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MeritTrac has been in the testing and assessment space in India from the beginning of this century. We have witnessed numerous transformations the HR space during the various phases through which the economy has traversed – the dot com revolution, its burst, the global recession, the sub-prime crisis, the evolution of new business models led by the start-up economy and the ‘new normal’. Organizations have learned, unlearned and relearned to meet the fast pace of change. Expanse of mobile technology and its sudden ‘APP’-lication it has brought about in lifestyle has had tremendous impact on the way the economy has evolved. During all this, the millennials have started getting into the organizations and forcing HR departments to relook at their age-old HR handbooks.
It is proven beyond doubt that organizations will have to reinvent their strategies to address these changes. HR departments have been, and will have to further relook at their hiring & employee development approaches. Sourcing of talent pool, their screening, testing & assessments, and their on boarding will undergo massive process shifts.
As an important stakeholder in the testing & assessment space, MeritTrac has been observing a few radical changes in the candidate selection methods that is currently evolving and will play a major role in the next few years.
Before highlighting some of them, here are a few facts that has acted as a catalyst for these changes:
In this context, some of the changes we observe are as below:
As a HR leader, do you witness any of these models evolving? For any queries – info@merittrac.com
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