PSYC 361 Lecture Notes - Lecture 10: Base Rate, Criterion Validity, Personnel Selection

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), you will be able to conduct a utility analysis to identify the expected increase in efficiency of the selection system. Processes and procedures used to choose which individuals to hire as employees of an organization. Hire people who will be successful and don"t hire those who are likely to fail. List three basic concepts of selection: selection involves assessing them on multiple job relevant individual differences, selection is about making accurate decisions, selection is about making valid predictions. Set of predictors or tests used to make employee-hiring decisions: ex: interview + assessment center + work sample. Performance is multifaceted single predictor isn"t informative enough. Improves chances of accurately predicting on the job success before hiring. Multiple criteria should efficiently increase criterion-related validity. Cover as much of performance domain as possible. Want the ways you assess people to overlap as little as possible: don"t want to test the same thing more than once waste money and time.

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