Recognizing the changing business landscape, the updated PXT Select offered by Patriot Coaching attempts to lessen the high attrition rates plaguing many companies today. The group explains that it is not enough for HR departments to find the “right” employee; they must also learn how to invest in their workforce so that these individuals are motivated to stay productive.
More details can be found at https://www.patriotcoaching.com/services/pxt-select
The strengthened PXT Select provides the hiring manager with a series of reports, including a coaching assessment. The tool helps fill the gap between the resume and the interview by measuring the candidate’s cognitive abilities, behaviors, and interests. In doing so, the assessment equips organizations with the right information to provide intuitive questions to strengthen the interview process.
In the latest Bureau of Labor Statistics report, the overall turnover rate in the United States is 57.3%. However, this number lessens to 25% for voluntary turnover and only 3% for high-performers. This suggests that there is a direct relationship between how companies treat their employees and how they feel about their job and the attrition rate.
Numerous data supports this. Experts note that “psychological safety”, or the feeling of security an employee has in voicing out his or her opinions to their superior, is a highly important factor in employee retention. Those who feel undervalued are more likely to leave their jobs. Further details can be found at https://www.patriotcoaching.com/making-the-wrong-hiring-decision-hurts
This creates a challenge for companies who have to go through the entire hiring process again, which is not only time-consuming but financially draining as well. New employees have to be trained, and unless internal processes are not optimized, companies will continue to have high attrition rates.
Patriot Coaching addresses this with its multi-awarded hiring assessment, PXT Select. Organizations can choose to receive the following reports: comprehensive selection report, multiple positions report, multiple candidates report, team report manager-employee report, and individual feedback report, among others.
New clients are invited to schedule a discovery call with the team for any clarification they may have.
Interested parties can find more information by visiting https://www.pxtselect.com/patriotcoaching
Patriot Coaching, LLC
Patriot Coaching, LLC
2206 Spedale Court
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Fortune Bulletin journalist was involved in the writing and production of this article.