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Other Things Being Equal,use Predictors with the Highest Estimated Validities;

question 43

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Other things being equal,use predictors with the highest estimated validities; they will tend to minimize the number of erroneous acceptances and rejections,and they will tend to maximize workforce productivity.


Definitions:

Employee Share Ownership

Programs that allow employees to own shares or a stake in the company they work for, aiming to align interests and boost motivation.

Profit-sharing Plans

Compensation schemes where employees receive additional benefits based on the company's profits, designed to align employees' interests with the financial success of the organization.

Shares

Ownership units in a company that represent a portion of the equity and entitle the holder to a share of the corporation's profits, often through dividends.

Bonus Pay Plan

A compensation strategy where employees receive additional pay based on performance, often aimed at incentivizing higher productivity.

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