PRTODAY / NewswireToday Free press release distribution service network

More news: Life Style
Written by / Agency / Source: Lost + Found

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Selection Tool Could Revolutionize Hiring Online Dating Services - Now, a University of Calgary business professor has designed a unified selection process that promises to revolutionize the world of human resources.
Selection Tool Could Revolutionize Hiring Online Dating Services

 

NewswireToday - /newswire/ - Mumbai, Maharashtra, India, 2006/04/01 - Now, a University of Calgary business professor has designed a unified selection process that promises to revolutionize the world of human resources..

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Life Style Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Its technical name is 'synthetic validity,' and it has been the Holy Grail of business academics for the past 50 years. Once the system is implemented it's expected to streamline hiring processes, save businesses many thousands of dollars, and contribute hundreds of billions of dollars annually to North American economies.

And what's more, it can be applied to online dating.

"Essentially this is a single standardized system that could select almost anybody for anything in one-thousandth the time and one-thousandth the cost," says Dr. Piers Steel, a professor in the U of C's Haskayne School of Business and lead author of a paper on synthetic validity in the March International Journal of Selection and Assessment.

"We've all seen people get hired into the wrong jobs, but this system would almost eliminate that possibility and instead identify the best candidates available in any given applicant pool." Steel notes that in some jobs, the top one per cent outperforms the bottom one per cent by a ratio of about 50 to 1. "You could call it the Rambo factor; you get one Rambo and you can wipe out several platoons quite easily." The top performers are worth many times their salary, while those at the bottom can actually wind up costing their employers.

The way the system would identify more Rambos for any given position is based on a comprehensive data set of information about the skills and performances of about 50,000 people currently employed in a range of jobs. Over time, as more people used the system, it would continually improve and refine its selection processes.

Current selection systems use a similar process, but they are labour intensive, cost many thousands of dollars, and are available only to a minority of the largest companies. Steel's envisioned online computerized system would create a high-quality selection system in hours, cost only pennies, and be able to withstand the harshest legal scrutiny.

"This is a significant breakthrough and could provide Canada with a global competitive advantage," says David Knudson CHRP, President of the Human Resources Institute of Alberta. "Every business in Canada would be interested in this."

Although the system is designed to select the best people for the job, it could easily be applied to select people for a romantic relationship. "A lot of online dating services are struggling with this very issue," Steel says. "It's very difficult to weigh all the different elements that are going to make two people happy together, but synthetic validity should do a better job than what's currently available." It would be far more precise and should result in relationships working in both the short and the long term, he says.

Latest update on online dating is prepared by University of Calgary and brought to you by datingservices-online.net

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Life Style Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Lost + Found

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Life Style articles,
CATCH Visitors via Your Competitors Announcements!


Selection Tool Could Revolutionize Hiring Online Dating Services

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Linda Crowford 
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Lost + Found securities in any jurisdiction including any other companies listed or named in this release.

Life Style via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Lost + Found / Company Profile


Read Life Style Most Recent Related Newswires:

New Global Coming Our Support Announced Today by Bi Men Network & Beta Mu Society!
Acompworld Introduces Veera - A New Mobile App Launched for Women Safety
Grassroots Movement Raises Awareness of Negative Effects of Infidelity
J By Jordy Spring/Summer 2016 Couture on the Runway
Forus Living Newly Launched Smart Home Products in Singapore with New Website
An Executive Solution Concierge, LLC Now Serving The Atlanta Metropolitan Area
Estate and Manor Magazine to Launch A New Online Luxury Staffing Estate and Manor E-zine in June
Goa-based Designer Ranji Kelekar to Unveil Spring/Summer 2015 Collection in Dubai
Entrepremunity Announces New Partnership to Promote Fair Trade with Indian Women's Collective
Actress Vivicia Fox Graces March Cover Of Wiles
Sweet Protection’s Rooster Discesa RS Ski Helmet Wins ISPO Gold Award
New York Makeup School Launches New Master Class Series
Congregation Beth Tikvah Brightens Up the Holiday Season for Montreal’s Needy
New York Makeup School Launches Fist Pop Up Open House
ChicStudios NYC Hosts Open House Event for Aspiring Makeup Artists

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  JobsWare.com

Visit  BizJobs.com





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)