Forecasting staffing decisions
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The purpose of this paper is to present tools to support personnel decisions in the company. The starting point is to measure the results of the work of employees in a given position. Combining the appropriate amount of information on the results of work in the past, a variety of workers and their important personal qualities will enable the construction of an econometric model. This model describes the mechanism of the effects of variation of operations, depending on the various characteristics of the employees. With such a model one can estimate the prediction effectiveness of individual candidates when the position becomes vacant. This may facilitate the selection of a suitable candidate from among many. This candidate has the greatest potential for productivity. The choice of such candidate is weighted with the lowest risk of erroneous personnel decisions.
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