1. Himanshu Aggarwal Aspiring Minds Credentialing and efficient talent mobility…

2. Global labor market is inefficient… Countries suffer from lack of skilled manpower (or many a times aspirations) for different jobs Countries on the other hand have abundant but un-utilized or unmatched skills Artificial barriers and slow/costly matching make it hard for effective balancing Unfilled jobs cost US economy USD 160 billion annually*! Europe needs 900,000 ICT workers by 2020 Can technical talent from eastern Europe help? Saudi Arabia draws 200,000 migrants annually in vocational jobs from India alone!

3. Managing migration of skills can be challenging… How to identify skilled workers across the globe? How to ensure that immigrants are bringing the “required” or locally insufficient skills? How to balance between local opportunities and aspirations and economic development? Under-skilled migrants is a reality…

4. Countries set objective assessment based benchmarks for immigrants AMCAT Standardized test to measure employability Assessment Driven Global Job Market Place Jobseekers across the worldOpen positions across the globe/ a country

5. Multidimensional Instrument measuring multiple job skills Cognitive Skills Skills (Vocational/Professional) Socio-economic situation Personality Motor Skills Spoken Skills AM TESLA Vocational Assessment Suite Employability assessment design…

6. Hiring Benchmarks Current Hiring Hiring Post AMCAT Mid & Low Performers 39% High Performers 61% Mid & Low Performers 64% High Performers 36% 91% 67% 36% Increase Mean Percentage Sales Target Achieved Proposed Cut-offs 1.Insurance Readiness > 365 2.Logical Ability > 360 3.Sales SJT > -0.32 4.Polychronicity > - 0.7 5.Extraversion + Conscientiousness > -0.75 A life insurance company Profile 146 employees working in an agency sales profile Assessments Logical Ability Insurance Readiness Sales SJT AMPI: Personality Assessment Performance ‘Percentage target achieved’ Correlates Correlation of 0.42 between AMCAT scores and performance rating. AMCAT shows evidence that tele-sales employee efficiency can increase by 59% AMCAT can help increase high performers by 59% at an ITeS organization. Agreeableness, Emotional Stability & Conscientiousness strong correlates. AMCAT improves performance of relationship managers (AMCAT) by 50% A benchmarking study with a leading asset management company showed that using AMCAT for hiring can increase the high performing relationship managers (RMs) by close to 50%. AMCAT helps hotel-chain increase sale personnel efficiency by 67% A recent study of sales personnel at a five-star hotel chain showed that using AMCAT for hiring could increase high performers by 67%. AMCAT helps leading bank increase customer care high performers by 67% Candidates who were high performers also scored high on Financial Services, English, Logical Ability and were high on Personality traits – Polychronicity, Agreeableness and Conscientiousness.

7. Illuminating skill gaps and understand macro needs from a migrant workforce… Quantifying employability at a macro level… Language: Written & Spoken Cognitive Skills Personality Functional Skills Practical intelligence/Soft skills Standardized Employability Measurement 84% budding chefs do not know the name of the equipment (mandoline) used to slice carrots. 63% finance graduates do not know the formula for Quick ratio. (AMCAT FnA) 56% graduates do not know how to paste copied text in MS-Word (AMCAT Computer Lit.)

8. Quantifying Employability…

9. Assessment framework extendable to vocational skill… One technology enabled assessment framework with complete cross integration Multi lingual tools in global languages Arabic| English| Mandarin| Bengali| Spanish*… Theoretical KnowledgePractical Skills Direct Candidate Assessment x % Assessor driven ( 100-x) % Audio/Video based questions over telephone/computer Text or picture based questions with answers by key/touch Multi-lingual support in multiple regional languages Questions on basic knowledge required Case-based practical scenario questions Medium and Delivery: Technology (Breaking the boundaries) Test content: Fundamental and Practical Structured Practical Evaluation Competency based problem taxonomy Objective evaluation rubrics Standardized rubrics of evaluation Automated Simulation based questions

10. Certifying talent migrating to Saudi Arabia Concern of quality and cost of a bad decision high KSA deploying assessment based skill benchmarks for short term and long term workers Aspirants from across south Asia to be certified pre- migration Roles and regions chosen based on skill gaps and demand Employers incentivized by the government to hire certified talent or get their recruits certified.

11. Objective measurement of skills at a national level key to plan policy around skill needs and migration. Mobility of talent in global markets through matching powered by employability and skill certifications. Standardized talent assessments and certifications can create tangibility in the global talent ecosystem

12. Thank you