If you are using the "economic gains formula," and you have just increased the validity of your selection procedures with no change in cost,your economic gain value should increase.

Question

Quizplus · Accepted Answer

The economic gains formula takes into account the cost of the selection procedures and the potential financial gains from hiring more productive employees. If the validity of the selection procedures increases with no change in cost, this means that you can potentially hire more productive employees without increasing your expenses. Therefore, the economic gain value should increase.

If You Are Using the "Economic Gains Formula," and You