Talent Acquisition Tools: Comparative Research on Driving Quality of Hires @ PEPSICO India Objective Objective Identify talent acquisition tools to improve quality of hire Study and research about the existing practices Methodology Performance with Purpose Fun Commitment Trust Conduct in-depth research on Talent Acquisition Tools used by PepsiCo India & other Channels that are available Review and understand the various roles/ job profiles that PepsiCo hires for regularly, skills & qualifications they look for Developing the criteria on which tools would be evaluated Create & Present a detailed Analysis on the Best Talent Acquisition Tools Innovation Responsibility Sustained Growth Global Reach Empowered People PEPSICO Parameters Involved Reliability Validity Cost Time Vendor Dependency Customization Categories Of Tools Simulations Psychometric Assessment Centres Interviews Questionnaire Language Proficiency Test Paramete rs Time Time to be invested in implementing the tool – customization or plug and play Also time taken to run the tool on per instance basis Reliability Reliability in terms of the ‘alpha’ value Or % of market share if available Validity PEPSICO Validity to ascertain that the tool assesses in the intended direction Also to gauge whether it is predictive or reactive Cost Cost involved in using the tool and for related activities Generally on per instance basis Also cost for procurement – fixed cost Customization Whether customization is possible at the first place Ease & cost of customization Vendor Dependency Can be used independently or vendor assistance needed If vendor assistance required – to gauge the extent of dependency Simulatio ns Simulations PEPSICO Simulatio ns Electronic Assessment Simulation Exercise Cost Exercise can be completed in 2 hours which reduces the significant investment in time, leading to lowering of the cost Customization Performance with Purpose Fun Commitment Trust Innovation Responsibility Sustained Growth Global Reach Empowered People PEPSICO Highly customizable, as it provides “real-life,” advancedlevel business exercises to gauge the competency levels, decision making skills, and planning and organizational abilities of current and potential top talent in your organization Advantages Interactive executive assessment tool to detect, manage and develop the potential and competencies of their future leaders Measures abilities and motivational drivers to benchmark leadership potential Ease’s Artificial Intelligence eliminates human bias – making robust, reliable and objective predictions Reliability and Customer Validation Moderate to good reliability rating have been reported for the EASE . The internal consistency reliabilities are on average 0.54 Simulatio ns HIRE Cost Depends on the no. of days simulation assessment process is done, which can be half day to over a week. Cost depends on the no. of simulations, some clients would want two simulations while others would want four simulations Cost ranges from $20,000 to millions depending on the role Customization Performance with Purpose Fun Commitment Trust Highly customizable, by the use of Performance Indicator (PI) process to assist in identifying the key Simulation Assessment needs for the specific role Innovation Responsibility Sustained Growth Global Reach Empowered People PEPSICO Advantages Reduces the risk of hiring by understanding key elements of the role and organizational needs Personalized approach for candidate’s recruitment and selection, gives them an opportunity to get to know the company It can double accuracy simply by allowing hiring teams and candidates to engage and make logical (not emotional) hiring decisions Reliability and Customer Validation 75% of clients utilize Hiring Simulation Assessment for Sales, Sales Management, Inside Sales and other Customer facing roles 25% of clients use Hiring Simulation for Operational or other critical hiring needs Simulatio ns HRMC Acclaim Cost Assures that only the most suitable candidates are assessed Minimizing the cost of including assessments in your talent acquisition process Talent acquisition Cost Calculator provided to help minimize time and money for the firm Customization Performance with Purpose Fun Commitment Trust Flexible and scalable and can easily integrate and support custom client-designed or third party assessments--from personality to behavioural, and cognitive to culture fit Innovation Responsibility Sustained Growth Global Reach Empowered People PEPSICO Advantages Improve the candidate experience by including assessments and simulations in a single-session candidate engagement within the talent acquisition process Deliver a 360-degree candidate snapshot Automate the talent acquisition process Reliability and Customer Validation Self- Certify compliance with Safe Harbor AICPA 30 years of Business Best new HR Product Simulatio ns Manager Ready - DDI Description Participants engage in situations where they interact with team members, take action, and solve problems. These real-world situations provide a highly accurate measurement of a participant’s readiness for frontline leadership positions. Manager Ready measures the nine competencies most critical for success in a frontline leadership position: Coaching for Success, Coaching for Improvement, Managing Relationships, Guiding Interactions, Problem Analysis, Judgment, Delegation & Empowerment, Gaining Commitment, and Planning & Organizing Time Feedback reports, are generated within two business days after a participant completes the assessment Cost Around $250 per person for volumes of 300 or more PEPSICO Relevance Can be used for manager level (frontline leader assessment) Customization A built-in job analysis process ensures that Manager Ready is appropriate for client’s frontline leader positions Vendor Dependency DDI conducts a brief orientation call to help the client organization learn how to use the system. Post that independent execution Psychom etric Psychometric PEPSICO Psychom etric POP Screen Cost Focuses on candidates who are most likely to succeed Minimizing the cost of including assessments in your talent acquisition process Efficient and cost effective process to focus on candidates with highest sales potential reducing both time and cost per hire Customization Performance with Purpose Fun Commitment Integrates into any talent management solutions Customizable for any organization Trust Innovation Responsibility Sustained Growth Global Reach Empowered People PEPSICO Advantages Aassesses the inherent talent, effort history and fit to the position which helps •Hiring organization to rank candidates •To focus the hiring resources on candidates with the highest probability for success Measures eight separate character traits which include both the powerful and neutralizing aspects of personality Improves the odds of hiring top performers as candidates who lack essentials to be top performers are screened out Reliability and Customer Validation Validated in Life Insurance Business Subset of the POPstate-of-the-art psychometric tool Psychom etric Management Screen Cost 24/7 online tool to manage large no. of targeted recruit Minimizing the cost of including assessments in your talent acquisition process Customization Performance with Purpose Fun Commitment Customized to management and supervisory positions that integrates structured interviewing with psychometric profiling Trust Innovation Responsibility Sustained Growth Global Reach Empowered People Advantages Uses management specific criteria to assess talent, work history and probability of success Provides data which can be measured and integrated with selection, development and retention processes as the basis for continuous improvement Reliability and Customer Validation PEPSICO Uses a series of standardized, objective and validated questions Psychom etric ISCORE Cost Affordable and easy to use Reduces hiring cycle time and expenses Customization Performance with Purpose Fun Commitment Can be customized to companies unique environment Trust Innovation Responsibility Sustained Growth Global Reach Empowered People Advantages Effective when recruiting large numbers Determines basic skills (language, comprehension, math, etc.) of potential recruits Delivers a more productive work force Reliability and Customer Validation PEPSICO Uses standardized questions to assess previous job experience in plant or warehouse environment Psychom etric Predictive Index Cost Cost efficient as it is easy to conduct, a test can be completed in 10 minutes Customization PI is currently available in 64 languages plus Braille Performance with Purpose Fun Commitment Trust Innovation Responsibility Sustained Growth Global Reach Empowered People Advantages Measures four primary and two secondary constructs which are dominance, extroversion, patience and formality, decision making and response level respectively Improved employee selection, talent management, and leadership development User friendly Reliability and Customer Validation PEPSICO Developed and validated in compliance with Equal Employment Opportunity Commission (EEOC) Guidelines, as well as the standards established by the American Psychological Association (APA) An independent study by Dr. J. Perry and Dr. Philip W.Lavori describes the excellent test-retest reliability of the PI, especially of the Self factors, as would be expected since these measure natural behaviours PI also possesses strong internal consistency reliability Psychom etric Hogan Development Survey Cost Depends on the results reports, the order volume and the number of participants Customization Performance with Purpose Fun Commitment It is not possible to adjust the questionnaires individually for statistical and test theory reasons, as this would affect the evaluation codes and standard values Trust Innovation Responsibility Sustained Growth Global Reach Empowered People Advantages Identifies personality-based performance risks and derailers of interpersonal behaviour that affect an individual's leadership style and actions Predicts performance at work, even over long periods of time Reliability and Customer Validation PEPSICO HDS internal consistency (Cronbach's α) is between .43 and .68 per scale Test-retest (TR) reliability with two to three weeks between tests is between .69 and .87 per scale. If there are eight years between the two measuring periods, then the TR reliability moves between .30 and .73 per scale Coefficients of the convergent construct validity for the HPI are on average between .30 and .69 per scale to Goldberg's "Big Five" comparison scale Psychom etric Kolbe Index Cost US$49.95 for taking Kolbe Index Customization Performance with Purpose Fun Commitment It is not possible to adjust the questionnaires individually for statistical and test theory reasons, as this would affect the evaluation codes and standard values Trust Innovation Responsibility Sustained Growth Global Reach Empowered People Advantages Measures a person's instinctive method of operation, and identifies the ways he or she will be most productive Measures personal index in four areas 1)Fact Finder 2) Follow Thru 3) Quick Start 4)Implementer Measures how naturally you DO things Reliability and Customer Validation PEPSICO Backed by more than 30 years of research and practical applications. Provides an amazingly accurate map of an individual's natural instincts, or modus operandi (M.O.). Has high test-retest reliability. A Report by Arizona State University suggests that it is rare to find an assessment that yields such stability over long time intervals between tests Psychom etric 16PF Psychometric Cost US$75 for interpretive report Customization Performance with Purpose Fun Commitment It is not possible to adjust the questionnaires individually for statistical and test theory reasons, as this would affect the evaluation codes and standard values Trust Innovation Responsibility Sustained Growth Global Reach Empowered People Advantages Easy to administer and requires only 35 to 50 minutes to complete Difficult for the test-taker to deliberately tailor responses to achieve a desired outcome Complete picture by measuring personality in both the professional and personal spheres Reliability and Customer Validation PEPSICO Moderate to good reliability rating have been reported for the 16PF. Based on a sample of 10,261 individuals, Internal consistency reliabilities are on average 0.76 for the primary scales and a range of 0.68 to 0.87 for all 16 scales. The test-reliabilities over a 2 week period showed scores of 0.69-0.87 for all scales Over 2,700 published research articles support the 16PF’s validity Psychom etric MBTI Psychometric Cost US$15 for the MBTI career report US $25 per team member (minimum of three) for the KGI Team and Leadership Assessment; or $30 for individuals Customization Performance with Purpose Fun Commitment It is not possible to adjust the questionnaires individually for statistical and test theory reasons, as this would affect the evaluation codes and standard values, but it gives personalized feedback Trust Innovation Responsibility Sustained Growth Global Reach Empowered People Advantages Most trusted personality assessment test Developing more effective work teams Building stronger families Creating more successful careers Reliability and Customer Validation PEPSICO Validity of the MBTI instrument are performed n three categories: (1) the validity of the four separate preference scales; (2) the validity of the four preference pairs as dichotomies; and (3) the validity of whole types or particular combinations of preferences “The world's most widely used personality assessment", with as many as two million assessments administered annually CPP and other proponents state that the indicator meets or exceeds the reliability of other psychological instruments and cite reports of individual behaviour Psychom Occupational Personality Questionnaire etric Cost £195 + VAT for Standard Manager Report of Director, Managers, Graduates, Professionals Customization Performance with Purpose Fun Commitment Can be customized to your competencies language Available for line managers, candidates and trained HR professionals Trust Innovation Responsibility Sustained Growth Global Reach Empowered People Advantages Identify best-fit applicants against job competencies Improve interview hit rates Evaluate the talent pool following a merger /acquisition/ restructure Predicting critical areas of job performance Reliability and Customer Validation It has good reliability credentials with median internal consistency of 0.79 PEPSICO Psychom etric Mettl Cost USD 250 to $500 a month Custom Quote for Enterprise available Customization Performance with Purpose Fun Commitment Trust Innovation Responsibility Sustained Growth Global Reach Empowered People Can Myriad Psychometric tests available to Assess people from Fresher level to Leadership profile. Mettl's Psychometric Assessment suite has Role, Context specific and situational tests Customized Reporting: Mettl offers a flexible reporting framework to generate reports depending on your use case for assessing Pre-Hires, Employees or Students. Advantages Real-life business problem similar to a managerial interview Map problems from any field - marketing, consulting, sales, finance, operations, human resources Automated evaluation of assumptions, problem analysis, suggested solution & business decision Reliability and Customer Validation PEPSICO Based on relevant contemporary theories (like Big Five Personality model). These have high predictive validity correlation coefficient. The results are based on different norm groups across industries and verticals. Psychom etric Simmons Personal Survey Cost Low cost with 7 different report option Customization Performance with Purpose Fun Commitment Character qualities are compared to one of our standard job norms or to a customized norm, in order to accurately predict job performance in any job Trust Innovation Responsibility Sustained Growth Global Reach Empowered People Advantages Measures job-related emotional and behavioural tendencies Allows to predict job performance in any job, making the Survey an excellent tool for selection, placement, management, personal development Reliability and Customer Validation PEPSICO Used by thousands of companies for last 28 years “100% of the Surveys we have processed have been accurate and were verified by other reliable information. The Survey has consistently helped us hire good employees, reduce turnover, greatly enhance performance, and increase customer satisfaction." Tom Howard, V. P. Human Resources, Wang's International, Inc. Memphis, TN Psychom etric DISC Psychometric Cost US $89.95 for the DISC psychometric profile Customization Performance with Purpose Fun Commitment It is not possible to adjust the questionnaires individually for statistical and test theory reasons, as this would affect the evaluation codes and standard values, but it gives personalized feedback and reports Trust Innovation Responsibility Sustained Growth Global Reach Empowered People Advantages To screen potential employees, with the thought that a certain personality type would be better or worse in certain jobs or positions Profiles four primary behavioural styles (dominance, influence, steadiness, and conscientiousness) each with a distinct and predictable pattern of observable behaviour Reliability and Customer Validation PEPSICO While the DISC assessment itself is valid (it accurately measures what it says it measures), DISC is not a valid tool for job success. If DISC is used for hiring employees, it should be used in conjunction with other hiring tools Question naire Questionnaire PEPSICO Question Business Attitude Questionnaire naire Cost Mail response to query awaited Customization It is available in more than 25 languages Performance with Purpose Fun Commitment Trust Innovation Responsibility Sustained Growth Global Reach Empowered People Advantages BAQ assesses 25 different dimensions of personality, which help to predict how a candidate will behave in a professional workplace Identifies which candidates are most likely to fit and evolve best within the culture of your organisation Create an effective on boarding plan which focuses effort on the employee’s development needs Reliability and Customer Validation PEPSICO Reliability of the tool as a questionnaire is around 0.5 Question naire Harrison Assessment Time & Cost Factor Customization Advantages Reliability & Validation Eliminates up to 80% of admin work by identifying and sorting candidates according to their overall qualifications. 6500+ Job Success Formulas to create comprehensive assessments that fit specific job success requirements. Paradox Technology helps solutions effectively identify exceptional strengths and negative traits. 20 + Years of Performance Research XML Integration Additional assessment methods can be integrated into Harrison Assessments. Harrison Assessments' solutions can easily exchange data with existing ATS. Akzonobel Int’l Paint, Deloitte, Consistency/Lie HCL Tech. Ltd, Detection Johnson & Johnson , Evaluate over 175 L&T, behavioural traits, while TimesJobs – HR, most assessments in the Virtusa industry only evaluate 10 to 20. Career Fit Career Fit PEPSICO Career Fit Career Fit Indicator Cost Mail response to query awaited Customization Performance with Purpose Fun Commitment It is customisable, the Career Fit Indicator can be modified for specific profiles relevant to our organisation Trust Innovation Responsibility Sustained Growth Global Reach Empowered People Advantages Quickly detect candidates with the personality features, motivational mindset and cultural preferences that match their organisation Simplified decision-making process via a pass/fail system that compares each candidate’s profile with the ideal profile for the vacancies Accelerated process-The less suitable candidates are scientifically removed before we invest the energy in arranging interviews and extensive assessments Reliability and Customer Validation PEPSICO Reliability of the tool as a questionnaire is around 0.5 Assessm ent Centre Assessment Centre PEPSICO Assessm ent Centre DOOR Description Two types of tools – Assessment Centre & Psychometric Profiling Assessment Centre consists of battery of tests to look into candidate’s readiness for the role in terms of the required competencies. Psychometric Profiling to reveal enablers and inhibitors in terms of profile traits. Two options - DISC & Lumina Spark DISC - adaptive testing - sharper validations - workplace management , leadership skills etc as areas of drawing report Lumina Spark - detail insights into 3 types of personas of individuals - everyday behavior, under stress behavior & natural behavior Time Assessment Center – Group of 10 – 2 days while online method – 1 day Cost Assessment Center - Rs15000/person Psychometric Profiling-Rs5000/person PEPSICO Relevance Assessment Centre is generally used for leadership levels but can be customized Customization Customized as a set of behavioural interviews, in-tray exercises, role plays, presentations, situational analysis etc as per requirements Vendor Dependency Assessment center requires vendor assistance while on the other hand its online version does not Psychometric profiling is provided by the vendor BENCHMARKING DATA Company Name Category of Tools Used Tool Vendor Dependency Coca Cola Interviews, Psychometric Tests DDI, SHL N/A P&G Psychometric, Analytical ability Test, Interview DDI No RB Interviews, Assessment Center, GD DDI No Microsoft Interview Hogan Assessments, DDI N/A Johnson & Johnson Interview, GD Harrison Assessments No Philips Video Assessment, Interviews DDI N/A HUL Interviews, Item response theory based entrance test DDI, SHL Yes Deloitte Interview DDI, Harrison Assessments N/A Nestle Interview DDI No