Procedures in employment psychology

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Monograph

Identifikator:: 173623112X

URN:: urn:nbn:de:zbw-retromon-112923

Document type:: Monograph

Author:: Bingham, Walter Van Dyke http://d-nb.info/gnd/123042593; Freyd, Max

Title:: Procedures in employment psychology

Place of publication:: Chicago & New York

Publisher:: Shaw

Year of publication:: 1926

Scope:: XI, 269 S

Digitisation:: 2020

Collection:: Economics Books

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Document type:: Monograph

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Title:: XVIII. Economic value of the examintions

Collection:: Economics Books

EMPLOYMENT PSYCHOLOGY Use should be made of simple graphs which bring out for- cibly the most important facts. Distribution curves are effective when vocational successes and failures are denoted by distinctive symbols. Other graphs may be constructed to show the percentages of successes selected and failures elim- inated by the various methods of hiring. The investigator by showing the value of mass results may minimize the im- pression made on the layman by the individual who stands out as an exception to the rule and who by contrast to the others assumes exaggerated importance. RELATIVE ECONOMIC VALUE If greater accuracy of prediction is possible by the use of the examinations than by the customary methods of selec- tion, the investigator must compute or estimate as accurately as he can how much, in the course of a year, this saving will be. Perhaps the predicted economies through improved selection will not equal the cost of installing and administer- ing the examinations. Sometimes, on the other hand, these predicted economies are so large as to seem incredible at first. In any event, the facts are essential. The research worker should be impatient of mere hopes or vague opinions regarding the relative cost and money value of selection methods old and new. Relative cost of administrating the old and the new meth- ods is unimportant compared with the savings on the pay- roll effected through improved selection. Nevertheless, it is usually advisable to estimate this cost by obtaining actual figures on such savings as these: Advertising. This is commonly advertising in the “Help Wanted” columns of newspapers and magazines, and for comparative purposes should be stated in terms of the cost per successful employee obtained. Correspondence. The cost of correspondence with appli- cants is another item of expense. This consists chiefly of the 218

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