1. You are given the following information regarding the CAP test for clerical employees (clerk-2s) at the...
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1. You are given the following information regarding the CAP test for clerical employees (clerk-2s) at the Berol Corporation:
Average tenure as a clerk-2: 7.26 years Number selected per year: 120 Validity of the CAP test: 0.61 Validity of previously used test: 0.18 Cost per applicant of CAP: $35 Cost per applicant of old test: $18 SR: 0.50 SD, in first year: $34,000 Use Equation 10.1 to determine
(a) the total utility of the CAP test, (b)
the utility per selectee, and
(c) the per-year gain in utility per selectee.
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Related Book For
Investing In People Financial Impact Of Human Resource Initiatives
ISBN: 9781586446093
3rd Edition
Authors: John W. Boudreau, Wayne F. Cascio, Alexis A. Fink
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