Cost of Skills Assessment: Importance and Benefits

FIRE QUIZ

Mar 31

Written By FIREMAGOS

Skills assessment is a crucial tool for evaluating an individual's abilities and performance in a particular area. Employers often use skills assessments to determine their employees' strengths and weaknesses, identify areas for improvement, and make informed decisions about training and development. However, the cost of conducting skills assessments can vary depending on the complexity and scope of the assessments.

Why is it important to assess employees?

Identifying Skills Gaps: Skills assessments help employers identify the gap between the skills employees currently possess and the skills required for their roles.
Employee Development: Assessments provide insights into areas where employees can improve and develop their skills.
Performance Management: Skills assessments help in evaluating employee performance accurately, leading to more effective performance management.
Training Needs: Assessments help in determining the training needs of employees, allowing organizations to provide targeted training programs.
Promotions and Transfers: Assessments aid in identifying potential candidates for promotions or transfers within the organization.
Succession Planning: Skills assessments help in identifying and grooming future leaders within the organization.
Enhanced Productivity: Matching employees with the right skills for their roles can lead to increased productivity and efficiency.
Employee Engagement: Employees feel valued and empowered when their skills are recognized and developed through assessments.
Career Development: Assessments can contribute to employees' career development by identifying areas for growth and advancement.
Strategic Decision-Making: By understanding employees' skills and capabilities, organizations can make more informed decisions about resource allocation and strategic planning.

What is the average cost for skill assessments and certificates?

On average, the cost per skill assessment can range from $50 to $500 per assessment, depending on the level of expertise and specialization required.

Non-accredited certificates obtained through skills assessments may cost an average of $200 to $1000, depending on the certification provider and the industry.

What is FIRE QUIZ Academy?

FIRE QUIZ Academy is a 21-day professional proficiency assessment pilot that starts on the 4th of April 2024 This pilot will be provided for FREE to our FIREMAGOS STUDIOS BLOG subscribers. This program is powered by our FIRE QUIZ YouTube Channel & FIREMAGOS BLOG.

We are rolling out FREE ASSESSMENTS + CERTIFICATES that individuals, companies, and corporations can leverage for FREE during the pilot period.

The topics included in this pilot cover leadership skills, communication skills, financial skills, sales skills, organizational skills, and many others.

Here is the full list of FREE assessments:

Which is my cost saving?

First, all the assessments and certificates that we provide through this pilot are completely FREE. So, we are talking here about the cost-saving not as a promotion or discount, but the total savings that you and your company could make by leveraging for FREE the FIRE QUIZ Academy.

Are you an individual contributor who would like to assess your knowledge and add some certificates to your portfolio and LinkedIn profile?

Are you a team manager, and you would like to assess and recognize your team for free?

Are you a leader with a 5K+ employees organization? Imagine the cost that you have to assess them all at once for 20+ skills.

If we take the minimum, of $50 per employee per assessment of skills, for 20 assessments you would have to pay $1,000/employee. If you add to this amount also a certificate for each of the 20 assessments (let's say at a minimum price of $200/certificate) that would give you a total cost of about $5K to fully assess and recognize a single employee.

What do I need to do to get all the benefits from the FIRE QUIZ Academy for FREE?

We will communicate the links to each assessment here, on LinkedIn, on a daily basis, from the 4th of April 2024 until the 25th of April 2024.

On the FIREMAGOS STUDIOS BLOG all 22 assessments are available, so you can easily access them all starting today.

On each Sunday, we email our BLOG Subscribers a newsletter with the latest posts and, during this pilot, we will also include reminders about the FREE sessions.

Frequently Asked Questions (FAQ):

No, there is no hidden fee. During this pilot, we will provide everything for free.
Unlimited attempts. Each user can take and retake the assessment as many times as they want.
There is absolutely no limitation in the number of (concurrent or on-concurrent) users from your Organization.
All the assessments are provided in English.
*Please consider that the firemagos.com page translator will only impact the page, and not the assessment module.
The CERTIFICATE will be granted to users that reached 75%+ correct answers. On the certificate will not be indicated the passing score, but simply the passing achievement. The Certificate will be available at the end of the assessment for the users who got over 75% correct answers and will be emailed to them after completing the assessment.
No, the Certificate is not accredited by any institution, and it’s generated automatically from the firemagos.com digital systems.
The CERTIFICATE will include the participant's name (as filled in at the beginning of the assessment), the assessment name, and the submission date.
The Certificates will remain permanently valid.
Yes, it can, but we do not offer any customization service during this FREE pilot.
Yes, you can reach out to FIREMAGOS STUDIOS SUPPORT using this link. This will connect you with our BABY AI. In case of a need for escalation/talk to a human, you can raise a support ticket.