As the Great Resignation has shown us, companies are finding it tough to retain and recruit workers. Personality assessments have gained popularity as a talent management tool for companies looking to hire and keep new workers and help current employees thrive in the workplace.
Approximately 80% of Fortune 500 companies use personality tests to coach and develop their teams, according to Psychology Today. While personality tests can provide valuable insights into potential and current employees, the assessments are not without their controversy. Questions have been raised about the effectiveness, validity and legality of personality tests in the workplace and the potential for discrimination.
Why Do Companies Use Personality Tests?
Approximately 47 million Americans voluntarily quit their jobs in 2021. Low pay and lack of career advancement opportunities are two of the top reasons for the exodus, according to a Pew Research Center survey. As many as one in four new hires left their jobs after only six months.