Order Description
reading the book of investing in people by wayne cascio and john boudreau in chapter 9 and chapter 10, answer below quesiton:
suppose you were going to combine the methodologies from SAQ1 and SAQ2 above to determine whom among Jim Hill and 9 of his coworkers were going to be laid off in a reduciton in force (assume they are all paid the same salary for doing the same job. amazing as it may seem, after using the methodology of chapter9 exercise 2, youdetermine that Jim and all 9 of his coworkers are worth exactly the same amount (i.e. even though the precise ratings on time/ frequently, importance, and performance for each principal activity differ, they all add up to the same overall CREPID economic $ performance value). you are considering whether to use the CAP test referenced in chapter 10, exercise 1, todetermine whom to lay off. assume that there is no additional cost to using the CAP test and that administering it to Jim and his coworkers will be part of your regular duties during the RIF. what is the dollar value of the utility of using scores on the cap test to determine who gets laid off when compared to random selection. (hint: be sure to fullly explain your answer in terms of the key paratemeters of equation 10-1, particularly the validity of the test and SDy.
Topic: investing in people second edition by wayne cascio and john boudreau
Topic: investing in people second edition by wayne cascio and john boudreau
Order Description
reading the book of investing in people by wayne cascio and john boudreau in chapter 9 and chapter 10, answer below quesiton:
suppose you were going to combine the methodologies from SAQ1 and SAQ2 above to determine whom among Jim Hill and 9 of his coworkers were going to be laid off in a reduciton in force (assume they are all paid the same salary for doing the same job. amazing as it may seem, after using the methodology of chapter9 exercise 2, youdetermine that Jim and all 9 of his coworkers are worth exactly the same amount (i.e. even though the precise ratings on time/ frequently, importance, and performance for each principal activity differ, they all add up to the same overall CREPID economic $ performance value). you are considering whether to use the CAP test referenced in chapter 10, exercise 1, todetermine whom to lay off. assume that there is no additional cost to using the CAP test and that administering it to Jim and his coworkers will be part of your regular duties during the RIF. what is the dollar value of the utility of using scores on the cap test to determine who gets laid off when compared to random selection. (hint: be sure to fullly explain your answer in terms of the key paratemeters of equation 10-1, particularly the validity of the test and SDy.