According to a study by the Center for Creative Leadership, 40 percent of new hires fail within the first eighteen months. The consequences are serious – and costly: recruitment and training costs alone are estimated at 1/3 of annual salary. This does not count, of course, the indirect costs of lost business, work disruption, loss of investor confidence, and damaged employee morale. Some estimates put the total cost at five times the person’s salary.
Studies have shown that the validity of the job interview is less than 50 percent. Hiring decisions are more successful when based on objective assessments and standardized processes that meet the requirement of federal employment laws. That is why it helps to use professionally developed assessments in the hiring process. Like a physician examining a patient, our professionals have the assessment tools and experience that enable them to see below the surface to areas that are not apparent to others.
The cost of one mis-hire can be hundreds of thousands of dollars, but failing to invest in the best talent can cost a company its future competitiveness. Successful companies don’t leave this to chance. Instead, they cultivate it by making informed hiring and promotion decisions, by assessing the strengths and weaknesses of key individuals, and by developing people to their full potential.
PsyMax Solutions delivers results to our customers everyday by helping them hire the best people and develop key talent.  Our assessment tools provide insight into the most important work styles of your candidates and employees to help you “close the gap” for immediate impact and improved performance.  Our tools can help your HR team do more with less, by providing easy to read work style reports that really  produce tangible results.
PsyMax assessments give companies the insights you need to reliably predict the fitness of a candidate so you are able to:

• Save time and money by streamlining the selection process
• Reduce the risk of mis-hires for key positions with an objective, professional assessment
• Avoid turnover and low performance due to mis-hires
• Uncover leadership strengths and weaknesses within your organization
• Build a strong corporate culture and bench strength by ensuring that the right person is hired for each position at every level within the organization