Increase in executive hiring could indicate employment rebound

Article Abstract:

The US economy is expected to pick up in the latter half of 1992. This prediction was made by economists based on an observed increase in senior executive hiring in the second half of 1991. A 16% increase in the demand for senior executives was noted in Korn/Ferry International's quarterly report, the 80th International Index of Executive Vacancies. The report indicated a more favorable second half of 1992 for white-collar workers. This prediction was based on a fourth quarter, 1991, increase in executive hiring in the financial services, consumer goods, and high technology industries, as well as in not-for-profit companies. The hiring of senior executives has been a commonly used indicator of general trends in employment.

Forecasts and trends, Surveys, Employment, United States economic conditions, Executives, Job vacancies

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"Is this test valid?": A guide for determining the validity of a pre-employment test

Article Abstract:

The effectiveness of pre-employment tests is measured by their validity. By correlating a specific method, referred to as a predictor, with actual job performance, a measurement known as the validity coefficient is derived. A validity coefficient of 1.00 would equate to a perfect test, above 0.20 is acceptable, 0.30 is very good and 0.50 is very outstanding. A study made by John Hunter of Michigan State University shows that the best predictor of job performance is ability testing, followed by skill testing and reference checks. The interview was determined as the poorest indicator of job performance. These findings were based on the predictors' validity coefficients.

Evaluation, Employee recruitment, Test validity, Employment tests

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