Forecasting Employees’ Success at Work in Banking: Could Psychological Testing Be Used as the Crystal Ball?
Human resources have nowadays been recognized as one of the most important key competitive advantages of organizations. Human resources management deals with the recruitment, selection and training of the best candidates for a particular job position. Although training has significant influence on t...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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University of Primorska
2013-09-01
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| Series: | Managing Global Transitions |
| Subjects: | |
| Online Access: | http://www.fm-kp.si/zalozba/ISSN/1581-6311/11_283-299.pdf |
| _version_ | 1819103263509708800 |
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| author | Natalija Simic Marjana Merkac |
| author_facet | Natalija Simic Marjana Merkac |
| author_sort | Natalija Simic |
| collection | DOAJ |
| description | Human resources have nowadays been recognized as one of the most important key competitive advantages of organizations. Human resources management deals with the recruitment, selection and training of the best candidates for a particular job position. Although training has significant influence on the performance of employees, recruitment and selection still remain the crucial steps. The goal of the paper is to explore if special characteristics of candidates for employment in the banking industry could be used for predicting their future success at work. Real-life data from a Croatian bank’s employee database are used for analysis, with the total sample of 1659 candidates tested for the purpose of employment. Results of the multiple regression analysis indicate that the following characteristics are important at forecasting an employee’s success at work in the banking sector: cognitive ability, reasoning, dominance, social boldness, sensitivity, openness to change, warmth, and emotional stability. Therefore, as the best practice for recruitment, the use of the Profile of a Quality Candidate in Banking is proposed. |
| first_indexed | 2024-12-22T01:47:41Z |
| format | Article |
| id | doaj.art-2ef961e678974985b99b60764a01e40e |
| institution | Directory Open Access Journal |
| issn | 1581-6311 1854-6935 |
| language | English |
| last_indexed | 2024-12-22T01:47:41Z |
| publishDate | 2013-09-01 |
| publisher | University of Primorska |
| record_format | Article |
| series | Managing Global Transitions |
| spelling | doaj.art-2ef961e678974985b99b60764a01e40e2022-12-21T18:43:01ZengUniversity of PrimorskaManaging Global Transitions1581-63111854-69352013-09-01113283299Forecasting Employees’ Success at Work in Banking: Could Psychological Testing Be Used as the Crystal Ball?Natalija Simic0Marjana Merkac1Siemens, CroatiaFaculty of Business and Commercial Sciences, SloveniaHuman resources have nowadays been recognized as one of the most important key competitive advantages of organizations. Human resources management deals with the recruitment, selection and training of the best candidates for a particular job position. Although training has significant influence on the performance of employees, recruitment and selection still remain the crucial steps. The goal of the paper is to explore if special characteristics of candidates for employment in the banking industry could be used for predicting their future success at work. Real-life data from a Croatian bank’s employee database are used for analysis, with the total sample of 1659 candidates tested for the purpose of employment. Results of the multiple regression analysis indicate that the following characteristics are important at forecasting an employee’s success at work in the banking sector: cognitive ability, reasoning, dominance, social boldness, sensitivity, openness to change, warmth, and emotional stability. Therefore, as the best practice for recruitment, the use of the Profile of a Quality Candidate in Banking is proposed.http://www.fm-kp.si/zalozba/ISSN/1581-6311/11_283-299.pdf recruitmentpsychology testingdata miningcognitive ability testspersonality traits tests |
| spellingShingle | Natalija Simic Marjana Merkac Forecasting Employees’ Success at Work in Banking: Could Psychological Testing Be Used as the Crystal Ball? Managing Global Transitions recruitment psychology testing data mining cognitive ability tests personality traits tests |
| title | Forecasting Employees’ Success at Work in Banking: Could Psychological Testing Be Used as the Crystal Ball? |
| title_full | Forecasting Employees’ Success at Work in Banking: Could Psychological Testing Be Used as the Crystal Ball? |
| title_fullStr | Forecasting Employees’ Success at Work in Banking: Could Psychological Testing Be Used as the Crystal Ball? |
| title_full_unstemmed | Forecasting Employees’ Success at Work in Banking: Could Psychological Testing Be Used as the Crystal Ball? |
| title_short | Forecasting Employees’ Success at Work in Banking: Could Psychological Testing Be Used as the Crystal Ball? |
| title_sort | forecasting employees success at work in banking could psychological testing be used as the crystal ball |
| topic | recruitment psychology testing data mining cognitive ability tests personality traits tests |
| url | http://www.fm-kp.si/zalozba/ISSN/1581-6311/11_283-299.pdf |
| work_keys_str_mv | AT natalijasimic forecastingemployeessuccessatworkinbankingcouldpsychologicaltestingbeusedasthecrystalball AT marjanamerkac forecastingemployeessuccessatworkinbankingcouldpsychologicaltestingbeusedasthecrystalball |