SOURCE: SHAKER

SHAKER

September 15, 2015 07:00 ET

SHAKER Partners With PAN, Helping More Employers Make Smarter Hiring Decisions

Partnership Provides PAN Clients With Access to SHAKER's Innovative Virtual Job Tryout Technology

CLEVELAND, OH--(Marketwired - Sep 15, 2015) - SHAKER, the market leader in custom simulations for pre-employment testing, today announced details of its new strategic partnership with Performance Assessment Network (PAN), a leader in talent assessment and measurement solutions. As SHAKER's pre-employment solutions combine unique job simulations with gamification -- a key factor in attracting in-demand millennial candidates -- applicants benefit from a fun and engaging experience that enables them to demonstrate their strengths and capabilities, as well as decide if the job is right for them.

Employers in certain industries, such as call centers, banking, retail and manufacturing, are often faced with high turnover for their entry level or high volume positions. For instance, about half of all first-time bank tellers quit their jobs within a year. As the impacts of such high turnover can be costly and far reaching, SHAKER's Virtual Job Tryouts provide the insight companies need to make the right hiring decisions the first time. Based on this data, recruiters can better assess their applicants' performance potential to make well-informed hiring decisions.

Through this integration, SHAKER's family of Standard Virtual Job Tryouts® is now included in PAN's catalog of the most trusted assessment solutions on the market. As part of the PAN catalog, SHAKER's Virtual Job Tryout assessments will be available to PAN's network of 16,000 assessment administrators, giving them access to the one of the most innovative, next-generation assessment solutions available today. Rather than relying on multiple assessments like personality tests, critical thinking assessments, skills tests and more to obtain a well-rounded impression of the individual, SHAKER's job simulations deliver a multi-method assessment with realistic job preview that provides aggregated insight on competencies predictive of job performance. The Standard Virtual Job Tryouts can be implemented immediately, delivering a seamless and engaging candidate experience.

"PAN aims to serve as the leading one-stop shop for all of the assessment needs of our growing network of HR professionals; the addition of SHAKER to our catalog enables us to deliver a modern, exciting new way for our clients to assess their job applicants and make the best hires possible," said Jim Holm, president and COO of PAN. "We are thrilled to partner with the company, as it offers truly innovative assessment technology designed to provide an enhanced experience for candidates, while giving recruiters unprecedented insight into the job performance of their applicants."

"This partnership is a natural fit for us, as SHAKER and PAN share a common goal: to transform how companies hire qualified talent," said Brian M. Stern, president of SHAKER. "As SHAKER continues to expand the capabilities of the Virtual Job Tryout solution, our partnership with PAN enables us to extend our reach into new markets through its extensive user network. We are thrilled to work together to help more companies benefit from the talent analytics and unrivaled selection science based on more than 12 years of validation analysis only SHAKER can provide."

SHAKER will share additional information about its Virtual Job Tryout technology during an upcoming webinar, "Precision Hiring Decisions: Using Simulations and Machine Learning to Improve Your Candidate Experience and Optimize Recruiting." The webinar, conducted in conjunction with the Oracle HCM Users Group (OHUG), will be held on September 23, 2015 at 2:00 p.m. EDT. Registration details are available at: https://attendee.gotowebinar.com/register/1612773919561707778.

About PAN
PAN is the industry leading talent assessment solution offering comprehensive solutions that can help companies select, develop, and retain the right employees using flexible, web-based technology. Founded in 2000, PAN offers a single point of access to leading edge, configurable technology enabling clients to automate assessments and processes. PAN has the largest multi-publisher employee assessment catalog in the world, talent measurement consultants, and a network of nationwide proctored testing centers. PAN has delivered over 20 million assessments and served more than 5,000 customers in over 20 countries. Visit https://www.panpowered.com or call (877) 449-8378 for more information.

About SHAKER
SHAKER's Virtual Job Tryout® (VJT) technology, enables recruiters to combine the best of predictive analytics and human judgment. Recruiters identify best-fit candidates with more precision, increase new-hire retention and improve quality of hire. Virtual Job Tryout technology delivers pre-employment assessments as day-in-the-life experiences that educate and engage while obtaining a work sample that predicts job-fit and competencies critical for success. Virtual Job Tryout technology is available in standard as well as custom configurations. It has been deployed in most industries for entry level to mid-management positions. More information can be found at http://www.shakercg.com.