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Utility studies

Is a selection procedure worth the investment?

CogniMetrics performs utility studies to help companies deciding whether or not psychological testing can improve a selection decision-making process and whether or not this investment is likely to pay off.

Such an utility analysis can result in:
  • A proposal of a test or a combination of tests that predict performance in the vacant function(s).

  • A proposal of a selection procedure (number of applicants to be tested, selection ratio, etc.) that maximizes the likelihood of hiring successful candidates.

  • An estimate in dollar amount of the utility of the proposed procedure compared to random selection, or an alternative selection procedure (e.g., based on interviews).

This information will enable your company to make rational decisions in planning a selection procedure.