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The UGESP Addresses the Need to Determine If a Selection

question 56

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The UGESP addresses the need to determine if a selection procedure is causing adverse impact, and if so, the validation requirements for the procedure.


Definitions:

Short-Term Incentives

Bonuses or rewards given to employees to motivate and reward performance over a short period, typically within a year.

Financial Targets

Specific goals related to the financial performance or outcomes of a business, such as revenue, profit margins, or cost reductions.

Bonus

An additional compensation given to employees as a reward for achieving specific goals or exceptional performance.

Return on Investment

A measure used to evaluate the efficiency or profitability of an investment, calculated by dividing the benefit (return) of an investment by the cost of the investment.

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