We want you to design an employee selection program for hiring stock traders. We

Question

We want you to design an employee selection program for hiring stock traders. We already know what to look for as far as technical skills are concerned—accounting courses, economics, and so on. What we want is a program for screening out potential bad apples. To that end, please let us know the following:

What screening test(s) would you suggest, and why?

What questions should we add to our application form?

Specifically, how should we check candidates' backgrounds, and what questions should we ask previous employers and references?

What else (if anything) would you suggest?

Explanation / Answer

1.What screening test(s) would you suggest, and why?

Personality Assessments

From the personality tests we can measure various employee traits, such as loyalty, dependability and attitudes toward work, candidate’s propensity toward certain behaviours and soft skills is critical for the job,These tests predict the likelihood of an employee engaging in counterproductive behavior. They also measure if an employee will perform well in the position.by assessment we able to know an applicant’s true capabilities and characteristics.

Integrity Tests

integrity tests assess attitudes and experiences related to a person's honesty, dependability, trustworthiness, reliability, and prosocial behavior. with this tests we can typically ask direct questions about previous experiences related to ethics and integrity OR ask questions about preferences and interests from which inferences are drawn about future behavior in these areas. Integrity tests are used to identify individuals who are likely to engage in inappropriate, dishonest, and antisocial behavior at work.

2.What questions should we add to our application form?

give the applicant a typical work-related document to write

ask a marketing applicant to create a concept for a promotion campaign

give the individual a well-known product and ask the person to write a key point for selling that product.

Criminal history

Why did you leave your previous job?

3. Background check:

we can check background through credit report . This report contains payment history and other credit-related characteristics like bankruptcies or tax liens. The credit report can also contain your previous addresses and employers. This can be used to verify the accuracy of information given in your resume or on the application.

It is becoming increasingly common for employers to consider an applicant’s ‘online reputation, nowadays company can check employees online record on various website like linkedIn, facebook.we can Check the candidate’s history online using Internet search engines such as Google to see if the applicant’s history online differs from the facts the applicant provided in all application materials.

Call every recent direct supervisor and ask detailed questions about the candidate’s responsibilities. Cast a wide net to people you know who may know the candidate in her industry and among your contacts. In addition to using email lists to contact colleagues for recruiting purposes, use them to check your candidate’s background.

Questions to ask previous employers:

Over what period did the subject work for your company?

What was their position?

What did their duties involve?

How he/she was in different situation?

employees behaviour in that company

Is the candidate eligible for rehire? Why or why not? What was his or her reason for leaving?

Determine the candidate's advancement in the company; did he or she receive any promotions or demotions, or did she remain in the same role throughout her tenure?

Ask the reference to evaluate the employee's performance the tasks likely to be assigned in the new position

4.What else (if anything) would you suggest?

You can Use of third parties to do employee screening.you can get testing done by other people and agencies. Temporary agencies can test for clerical and secretarial skills. Counsellors can test for aptitude and attitude to work. It can be useful because they will provide full organised test that can be done online also.

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