SUMMARY justifiably wants a demonstration of the economies, in dollars and cents, which a company might expect from a testing program. This article describes a way in which training and testing expenses can be analyzed to provide an estimate of the cost of selecting and training satisfactory workers. The three sets of data presented are illustrative only, since selection and training expenses will vary among companies and among jobs. Some personnel men may wish to apply the method to their own data, others may use the findings as general evidence that training costs can be reduced by a testing program. MANAGEMENT BETTER SELECTION REDUCED AND TRAINING COSTS The hiring of a new employee ordinarily involves an investment in training. In some cases the new employee is sent to school; in other instances he is trained on the job by a supervisor or older employee. Regardless of the procedure, it costs money to bring the new employee to the level of performance required by the company. Although it is generally recognized that there are expenses involved in training people, an accurate estimate of such costs is frequently not available. I one takes into account the salaries paid to the
Personnel Psychology – Wiley
Published: Mar 1, 1953
It’s your single place to instantly
discover and read the research
that matters to you.
Enjoy affordable access to
over 18 million articles from more than
15,000 peer-reviewed journals.
All for just $49/month
Query the DeepDyve database, plus search all of PubMed and Google Scholar seamlessly
Save any article or search result from DeepDyve, PubMed, and Google Scholar... all in one place.
Get unlimited, online access to over 18 million full-text articles from more than 15,000 scientific journals.
Read from thousands of the leading scholarly journals from SpringerNature, Wiley-Blackwell, Oxford University Press and more.
All the latest content is available, no embargo periods.
“Hi guys, I cannot tell you how much I love this resource. Incredible. I really believe you've hit the nail on the head with this site in regards to solving the research-purchase issue.”Daniel C.
“Whoa! It’s like Spotify but for academic articles.”@Phil_Robichaud
“I must say, @deepdyve is a fabulous solution to the independent researcher's problem of #access to #information.”@deepthiw
“My last article couldn't be possible without the platform @deepdyve that makes journal papers cheaper.”@JoseServera