Microsoft Office is one of the most popular software products on the market. In fact, many say MS Excel® is the most popular application in the MS Office® suite because it is used by 99.99% of businesses worldwide.
The reason Excel is so popular is employees at all levels use it to format, organize and manage data. Business leaders can create financial, sales and inventory reports to make decisions that impact strategy and growth goals.
Virtually all staff, from data entry clerks to senior executives, organize, create or manage data. This means organizations need employees who can:
Why Employers Use Microsoft Excel Basic Skills Tests
Organizations list Excel proficiency as a requirement for many jobs. However, it is difficult for HR teams to determine if candidates have the required skill level for a given position. According to The Interview Guys, over 77% of applicants embellish their qualifications on their resumes and during interviews, and around 65% overstate their capabilities when they apply for highly sought-after jobs.
Businesses worldwide use Microsoft Excel basic skills tests to verify applicants’ knowledge and experience level, and many partner with eSkill, an industry-leading assessment provider. These are some of the reasons why.
Why Employers Need Microsoft Excel Basic Skills Tests
More and more organizations that require employees to have data management experience are implementing an industry-leading assessment solution like the eSkill Talent Assessment PlatformTM to administer and manage assessments like Excel skills tests. Online tests provide them with measurable data for all applicants so HR teams can instantly weed out unqualified applicants. Then they can focus on top candidates and quickly move them through their hiring process.
Organizations can also reduce hiring costs and decrease initial screening time, eliminating hours Hiring teams would typically spend reviewing resumes and scheduling interviews. Many eSkill clients have cut hiring costs by up 70% and expedited time-to-hire by 60%.
Companies also want to avoid hiring mistakes. Hiring the wrong candidate is every manager’s worst nightmare because it wastes money, hurts productivity, and often deflates staff morale. A study by LinkedIn shows the average cost of a bad hire can range from $17,000 to $240,000 when you include recruitment expenses, staff disruption, negative impact on customers, incomplete projects, and potential litigation.
Companies want to hire high-performing employees who will stay for years, and the first step is hiring top candidates with the right experience and reducing turnover. Losing a top employee can cost a company up to twice the employee’s salary. For technical jobs, the cost can be 100-150% of the employee’s salary and range as high as 213% for a C-level employee.
Do you want to learn how Microsoft Excel Basic Skills Tests can help you improve hiring outcomes? Contact us to request a demo.