As vice president of HR, you are participating in a top management meeting focusing on the firm's need to reduce costs wherever possible. The vice president of finance eyes you and says, "This fancy assessment center you run costs us $150,000 annually. This is definitely an area which we can easily cut." Your reply should include:

Question

Quizplus · Accepted Answer

The economic utility of the assessment center can demonstrate its value by showing how it contributes to better hiring decisions, reducing turnover, and improving employee performance, which can ultimately lead to cost savings that outweigh the initial expense.

As Vice President of HR, You Are Participating in a Top