The Benchmark Analysis is a critical validation process used to identify which assessment measures are truly essential for success in a specific role. By evaluating current data against actual job performance, this process ensures that the final assessment is both accurate and efficient.
The Purpose of a Benchmark Analysis
The primary goal of this analysis is to understand which traits and measures are most closely connected to success in the role. By comparing assessment results with actual job performance, we can confirm what is most predictive of success and strengthen confidence that the assessment is measuring the right things. This builds on what we learned through the focus groups and job documentation review by adding real performance data to further validate the assessment.
How the Process Works
To conduct a successful benchmark analysis, the following steps are typically taken:
- Employee Participation: Current employees are asked to complete the assessment.
- Ensuring a Performance Range: It is vital to include a diverse group of participants ranging from high performers to low performers. This range is necessary to run a statistically significant analysis.
- Performance Data: Performance ratings are collected from the organization and compared against the assessment scores of the participating employees.
Identifying Predictive Traits
By analyzing the scores of high performers versus low performers, the process identifies the specific traits that are predictive of success on the job. If a measure does not clearly distinguish between performance levels, it is identified as non-predictive.
Refining the Final Assessment
The benchmark analysis serves the implementation process in two key ways:
- Shortening the Assessment: Measures that are not found to be predictive of success are removed, resulting in a more focused, shorter assessment.
- Assigning Weights: Predictive measures are assigned different weights based on the strength of their relationship with job success.
This rigorous validation process results in the final assessment and scoring model, ensuring that the tools used to evaluate participants are grounded in real-world performance data.
Our Success team at support@highmatch.com will be happy to answer any additional questions that you may have about Benchmarking, and coordinating the benchmarking process.