According to 71% of recruitment consultants, hiring choices value emotional intelligence more than IQ. Most analysts say they would not consider hiring an individual with a high IQ but a low EI.
A person’s overall capacity to regulate their emotions, perceive, realize, and respond to the feelings of others, as well as maintain healthy relationships, is measured by their intelligence (EQ). Candidates may seem fantastic, but they might lack the intelligence (EQ) necessary to make a valuable addition to the team.
Employers can focus more closely on the intangible traits that will be valuable in the long run because of the competitive employment market. Intelligence and technical proficiency are beneficial qualities for any job.
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What is Emotional Intelligence (EQ)?
The phrase was first used in the 1990s and has been around for decades. In their definition, Peter Salovey and John D. Mayer said it is “the subset of social intelligence that involves the ability to monitor one’s own and other’s feelings and emotions, to discriminate among them, and to use this information to guide one’s thinking and actions.”
How does EQ contribute to successful recruitment?
Emotional intelligence can be a valuable standard for analyzing applicants for job requirements. Recruiters can better locate the ideal candidate by assessing EQ throughout the hiring process, which is something that CVs and documentation alone cannot achieve.
An excellent outcome was achieved when an American international delivery services organization included EI evaluation and development into a six-month program for new managers. Participants’ decision-making abilities improved in 72% of cases, and influencing skills significantly improved in 58%.
Let’s find out how emotional intelligence helps recruiters make a successful recruitment.
Ensure Diversity and Inclusion
Businesses have elevated diversity and inclusion to the top of their objectives list. In addition to fostering innovation, embracing diversity in the workplace reflects the changing demographics of our society. Emotional intelligence can be beneficial in promoting diversity and inclusiveness.
Recruiters can find inclusive, open-minded, and sympathetic people in their interactions by evaluating candidates’ emotional intelligence. Using EQ, recruiters can choose individuals who favorably support their organization’s diversity and inclusion objectives.
Reduce Turnover Ratio
An organization might experience disruptive costs due to a higher employee turnover ratio. Increased staff turnover may result in reduced output, hiring costs, and adverse effects on business. EQ helps recruiters find individuals more likely to succeed in their roles and stick with the company over the long run.
As a result of their improved interpersonal skills, flexibility, and self-awareness, candidates with high emotional intelligence are more likely to succeed in their careers and stick with the company. Recruiters can create a more stable workforce and minimize turnover rates by selecting candidates with EQ
Strong Candidate Analysis
It might be difficult for recruiters to forecast a candidate’s future performance during the job based just on their interviews. It is possible that they don’t fully predict a candidate’s skills and chances of success in a company. Emotional intelligence is helpful in this situation.
Studies have demonstrated a considerable relationship between job performance and emotional intelligence. The assessments through EQ offer insightful information about a candidate’s capacity for stress management, productive teamwork, and environment adaptation. It can help ensure successful recruitment.
How do candidates with higher EQ perform well?
- Candidates with high EQ often have superior interpersonal abilities. They are often better at working in teams, handling conflict, and communicating successfully. These abilities are essential in today’s collaborative work situations.
- Leadership roles require a high level of emotional intelligence. Candidates with high EQ are frequently more adept at managing and leading teams and inspiring and encouraging their mates.
- A candidate’s capacity for stress management and change adaptation are strongly correlated. Individuals with higher EQ can better manage stress and adapt to change quickly.
- People with high EQ can make better decisions by considering the emotional implications of their choices. Because they can comprehend the moving components of different circumstances, they are also more adept at solving problems.
As the recruitment market changes, emotional intelligence has become vital for recruiters. It adds value to the business’s overall success and resilience and improves recruitment caliber. So, it’s time to consider including EQ tests in your hiring process.
Businesses will stand out from the competition and be able to draw in and keep the top personnel if they embrace the value of EQ in the hiring process. Remember that EQ is the key to creating a solid and productive team.
Are you facing challenges in hiring a team for your organization? or looking for individuals for specific roles? Recruitment agencies like RFS HR Consultancy provide hiring services in leading industries globally. RFS HR is an executive search firm based in Dubai. With its industry experts and updated technologies, the agency makes the hiring process quick, smooth, and efficient for you.
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