Develop an assessment and selection plan for the eight candidates that does not exceed the remaining $$2,000$ budget. Justify your proposed selection system using the determinants of the effectiveness of an assessment method identified in Chapter $8.$ These determinants include:

Validity$$how well the assessment method predicts relevant components of a person$$s job performance. Table $9-3$ describes typical validities for various assessment tools across various occupations. You can look at Table $9-3$ and consider your job analysis$/$competency model results to determine which assessment is most likely to predict job performance. Since the assessments have yet to be used at this organization, their actual validity in this context is unknown. Still, validity generalization work suggests that their validities will be comparable to those shown in Table $9-3.$

Return on investment$$the extent to which the assessment method generates a financial return that exceeds the cost associated with using it$.$

Applicant reactions$$the extent to which applicants perceive the assessment methods to be job$-$related and fair.

Selection ratio$$the extent to which the selection ratio is low. A low ratio means hiring only a few applicants, which allows an assessment method to have a maximal impact on improving the performance of the people hired.

Usability$$ the extent to which people in the organization are willing and able to use the method consistently and correctly.

Adverse impact$$the extent to which an assessment method predicts job performance and other important hiring outcomes without discriminating against members of a protected class.

ASSIGNMENT DELIVERABLES:

a$)$ You then need to develop an assessment plan that does not exceed your $$2,000$ budget.

Your goals in developing your position assessment system are fourfold:

Maximize the return on investment of your assessment system.

Maximize the job success of the new hire$($in terms of their performance, turnover, and levels of efficiency$)$

Maximize the fit of the new hire $($including their collaborative and leadership skills$)$ with the company$$s culture.

$4.$ The assessment plan should link directly to your job requirements matrix and outline how the top applicant characteristics will be assessed, how the scores on different assessments will be combined into both applicant characteristic scores, and how the different characteristic scores will be combined into an overall candidate predicted job success score that will be compared across candidates to determine which two candidates to hire. You will assess all three candidates on every assessment you choose $($within your budget$).$ Only the assessment methods that you use to evaluate candidates count against your budget.

b$.$ Explain your proposed assessment plan in your report in language understandable to non$-$HR leaders at your organization.

c$.$ Create a scoring key for reviewing the resume. Use the scoring key to review the three resumes. Each of your team members will review and score the three candidates$$ r$$sum$$s that you created in week six using AI$.$