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TTMS-PeopleProfit Selected to Partner the Prime Minister’s Trophy (PMT) Secretariat for Employee Engagement Survey
TTMS-PeopleProfit Becomes the Exclusive Indian Partner of the 70:20:10 Institute
TTMS-PeopleProfit Enters into Strategic Affiliation with the Vya Group of Chile to introduce Globally acclaimed Psychometric Assessment Tools CCV and ERI in Indian Languages for Use in India
CCV Business Validation Study in Banking, Financial Service & Insurance (BFSI) sector Released
CCV Business Validation Study in Indian Retail Sector Released
ERI Business Validation Study in Large Indian Retail Chain Released
   
   
   
 

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ERI Business Validation Study in Large Indian Retail Chain Released

Employee Reliability Inventory is a pre-employment psychometric tool that identifies the risk of turnover. In more than 150 validation studies globally, its use has been shown to reduce employee turnover by 35% and absenteeism by 22%.

TMS-PeopleProfit conducted a business validation study of ERI in one of the largest retail chains in India. ERI was administered to the frontline staff at the time of hiring. Turnover analysis after a year showed that the ERI-recommended employees had a 33% reduction in turnover rate as compared to those who were not recommended by ERI.

Based on the actual number of frontline staffs hired by the company every year, the cost savings resulting from the reduction in employee turnover worked out to Rs. 2.52 Crore.

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