SIC Code 8049-43 - Psychometric Services

Psychometric Services is an industry that specializes in the development, administration, and interpretation of psychological tests and assessments. These tests are designed to measure various aspects of an individual's cognitive abilities, personality traits, and behavioral tendencies. The results of these tests are used to provide insights into an individual's strengths and weaknesses, as well as to inform decisions related to hiring, promotion, and personal development. Psychometric Services companies typically employ trained psychologists and psychometricians who have expertise in test development and administration. These professionals work with clients to identify the specific needs and goals of the assessment, and then design and administer tests that are tailored to those needs. The tests may be administered in person or online, and may include a range of different formats, such as multiple-choice questions, essays, and performance tasks. Once the tests have been administered, the results are analyzed and interpreted by the psychometricians. They use statistical methods to identify patterns and trends in the data, and then provide reports that summarize the findings. These reports may include recommendations for further testing or interventions, as well as suggestions for how the individual can use the results to improve their performance or achieve their goals.