As we move towards a fully digitalised and virtual working world, its time we innovate our talent management, skill assessment, and training practices.

Today, the Small and Medium Enterprises (SMEs) are big contributors to the economy. As they move ahead and innovate, having a skilled workforce is a must. For any SME, hiring a highly skilled developer can be cheaper than their office's 'coffee' budget. With SpeedHire, one can hire the right fit using standardised assessments.

Heres why its critical for SMEs to consider skill assessment platforms.

1. To build a solid talent pipeline

Technical hiring and assessment platforms help you shortlist skilled candidates and create a solid talent pipeline for future endeavours. New-age skill assessment platform- SpeedHire comes with many unique features like in-built code editor, proctoring and insights of candidates performance, which helps make an informed hiring decision.

2. To save money and time with scalable assessments

Being cost and time-efficient is one of the key focus areas of SMEs. The need for a quick solution that's scalable is necessary because the loss of productivity due to unfilled tech positions has a huge impact on the business. With scalable hiring and assessments features, SpeedHire offers just that comfort to the SMEs.

3. To minimise cognitive bias

Hiring and skill assessments can often be biased. Automated assessments, based on an in-depth skill report of candidates, require least human intervention and are objective. With SpeedHire, one can opt for standardised, secure, and unbiased hiring process right away.

4. To maintain a short TAT for hiring

Time is money, at least for SMEs to achieve their goals. With a skilled workforce, its easier to get a quick turnaround time on projects. For example, in SpeedHire, one can evaluate codes automatically along with an automatic assessment of limitless coding assignments.

5. To get in-depth insights into candidates performance

To ensure one is hiring the right candidate, an in-depth insight of the shortlisted candidates is critical. SpeedHire offers a comprehensive candidate performance report with qualitative and quantitative evaluation parameters along with access to a detailed dashboard of how they measured with the other candidates.