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Hogan Releases ROI Study for Personality Assessments

Hogan Assessment Systems released its 2007-2008 Business Outcome Highlights study, featuring return on investment (ROI) data from nine unique research studies. The study covers a wide range of industries, including communication, transportation, law enforcement, pharmaceutical, finance, insurance and more.

Tulsa OK (PRWEB) January 17, 2009 -- Hogan Assessment Systems released its 2007-2008 Business Outcome Highlights study, featuring return on investment (ROI) data from nine unique research studies. Hogan is an international authority in personality assessment and consulting, and the findings by Hogan and its domestic partners are backed by over 30 years of research expertise.
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Hogan’s Business Outcome Highlights study covers a wide range of industries, including communication, transportation, law enforcement, pharmaceutical, finance, insurance and more. Featured case studies demonstrate the relationship between personality and job performance, and illustrate the impact of Hogan assessments on business performance.

Jeff Foster, Ph.D., Director of Research for Hogan Assessment Systems, and the Hogan Research Division continuously conduct these ROI studies using metrics specific to the goals of each organization. He explained, “The goal of each ROI study is to demonstrate the value of using the Hogan tools. Hogan adheres to rigorous standards when conducting these studies to provide each client with reliable conclusions about the value of their assessment program.”

Highlights from the Hogan Business Outcome study include:
 
  • Using the Hogan selection process for financial advisors rewarded a substantial $8 million return on investment.
  • Transportation drivers meeting the high-fit criteria in the Hogan process had a 16% lower accident rate.
  • Managing partners who matched the Hogan profile averaged $175,000 more in sales than those not meeting the profile.
  • Using Hogan tools to select sales representatives for just one year dropped turnover rates by 30%.

“Companies want proof that assessments predict job performance,” said President Dr. Robert Hogan. “Our Business Outcome Highlights study provides proof that Hogan’s suite of assessments provides a significant, long-term return on investment.”

The Hogan Research Division is comprised of doctorate- and masters-level professionals in Industrial-Organizational Psychology. Dr. Hogan states, “We employ the largest group of researchers of any commercial test publisher, and continuously update our extensive research archives with results from efforts such as those found in the Hogan Business Outcome Highlights study.”

Companies who have participated in these ROI studies state that Hogan has a solid track record of success in predicting employee job performance and continuously validates and fine-tunes the assessment process to meet their company needs improving bottom-line business results.

For more information about Hogan Assessment Systems and to download the Business Outcome Highlights study, visit – www.hoganassessments.com.

About Hogan Assessment Systems
As an international authority in personality assessment and consulting, Hogan has 30 years experience in producing effective results for a wide range of clients, from Fortune 500 companies to smaller firms. Hogan’s comprehensive suite of personality assessments help companies select employees, develop leaders and identify talent. Hogan continues to build its position as the innovative leader in providing scientifically-based personality assessment solutions for businesses worldwide.

This press release was distributed through eMediawire by Human Resources Marketer (HR Marketer: www.HRmarketer.com) on behalf of the company listed above.

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CONTACT INFORMATION
Natalie Tracy
Hogan Assessment Systems
918-749-0632
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