Glasgow, Scotland (PRWEB) October 21, 2009
Online psychometric profiling company PeopleMaps today launched a completely free service to help companies save millions of pounds in the cost of recruitment by profiling every applicant for a job, at a time when companies face one of the recession's biggest employment issues - unprecedented numbers of unsuitable applicants for every job.
"The UK recruitment industry is currently worth £26billion per year and PeopleMaps will save companies a chunk of that money. We've launched the service to help employers who are suffering from 'application overload' as the number of both suitable and unqualified candidates applying for fewer jobs has gone through the roof," explained Martin Gibbons, CEO of PeopleMaps, which has over 1.2 million registered users worldwide.
By comparing every applicant's personality profile against a 'benchmark' profile for a job, employers can reduce the time and expense spent on the recruitment process by around 75%. Even during this recession 10,000 new jobs are advertised each day through JobCentrePlus alone. A 75% reduction in the cost of recruiting for these positions equates to potentially tens of millions of pounds saved by industry.
Mike Bansal, CEO of recruitment consultancy and headhunting firm Talentweb said; "One client placed a single advert for an administration job and received 460 applications in a day. Company policy was to scan and retain every CV the company received; it must have taken days even before she started filtering candidates. It's unsustainable for companies to deal effectively with this deluge of applications and they need new tools to help them."
The latest technologies and instant secure online delivery allows PeopleMaps to provide the entirely free service so companies can profile as many candidates as they want quickly and efficiently as part of the employment process.
Dan Unstead, Director of htp://Perfect Placement, the specialist recruitment agency for the UK automotive industry said; "Traditionally the costs involved in psychometric testing excluded many companies from being able to use it, the same businesses with potentially the most to gain. We've used the PeopleMaps service on behalf of our clients and for our own recruitment for years and its accuracy is remarkable.
"With the typical cost of hiring a single new employee estimated at around £12,000 absorbing the expenditure involved if it doesn't work out can be horrendous for any business. Plus, people's 'soft skills' such as communication, team management and motivation are now recognised as key to making businesses more profitable and better places to work."
Psychometric profiling is used in staff recruitment and development by over 65% of companies in the UK alone, PeopleMaps' technical innovation and report delivery via the web means that companies can sign up for the free service and start using it within minutes. All of PeopleMaps existing clients worldwide will have the opportunity to switch to the new service.
Martin Gibbons added; "If we go way back to the beginning of PeopleMaps in 2001, we have always been about making professional profiling accessible to all. We achieve this with our pricing and by writing in plain English, using no jargon. We also give away millions of reports for free to jobseekers, and we did that by being exclusively online. Now we've taken it to its ultimate conclusion - free profiling for all."
Notes to editors
About PeopleMaps Ltd
PeopleMaps provides psychological profiling (sometimes called personality or psychometric testing) products to businesses and consumers across the globe. We are experts in psychology, technology and marketing and make affordable profiling available to everyone with access to the Internet.
The http://www.PeopleMaps.com profiler is underpinned by the psychology of Carl Jung. PeopleMaps reports are written in plain English so users do not need a consultant or training to read and understand the report.
- PeopleMaps psychometric testing is designed specifically and originally for the web.
- All PeopleMaps products are only available online.
- PeopleMaps consumer and corporate reports have sold in over 100 countries.
- The PeopleMaps questionnaire is available in different languages.
- Around 20,000 new visitors register with PeopleMaps every month.
- Every visitor to register is given a free no-obligation report.
The technical bit
The psychological profiler underpinning PeopleMaps is a Jungian profile designed to measure an individual's psychological make-up. Jung's bi-polar scales measure the attitudes of introversion and extraversion, together with the rational preferences of thinking and feeling and the irrational preferences of sensing and intuition. These are combined to arrive at the psychological profile or 'type'.
Each PeopleMaps report allows the reader to understand the subject better and predict future behaviours. We make the psychological interpretations and produce the reports in plain English so anyone can use them with no need for any special training or consultancy services.