8 when i was young there were times when i felt like

This preview shows page 14 - 16 out of 45 pages.

8.When I was young, there were times when I felt like leaving home.9.This is the point at which you might reasonably ask yourself, Whats going on here? What couldany of that possibly have to do with my ability to analyze stocks (or sell pharmaceuticals, or writecomputer code, or manage a restaurant)?10.The answer: everything. As the class of 2015 heads out into the workforce this summer, they aregoing to have their heads examined by the companies they hope to work for. Convinced by thegurus of Big Data that a perfect workforce can be achieved by analyzing the psyche and runningthe results through computers, hundreds of employers now insist that job candidates submit topersonality tests. The phenomenon spans the pay scale from burger flipping to high finance. Andthe questions range from the intrusive (I dislike the high taxes we pay in this country) to thepositively bizarre (Sometimes Im not sure what I really believe).11.Employersand the $ 2 billion industry that provides many of the evaluationssay the tests are acritical tool in fighting employee turnover, increasing productivity and raising customersatisfaction. By gaining insight into job seekerspersonalities, they say, its now possible to identifythe workers who will be the happiest and the most successful in the roles they have on offer. Andthe hiring process is just the start. Once on board, many of these companies continue to track andcrunch data about workerspersonality traits to help find candidates for promotions, transfersandat timestermination.12.Want to work at a hedge fund or in private equity? Your employer might want to know how youmeasure up in terms of Cattells 16 personality factors, the Hogan Personality Inventorys sevenscales or the Caliper Profiles more than 22 traitstests that can take anywhere from 20 minutes toseveral hours, according to some frustrated job seekers. Interested in becoming a nurse? You mightface questions from the Prophecy Behavioral Personality Assessment or Pegged Software, a startupfounded by a former White House economist that administers tests to 3 million job applicants inhealth care annually. One of the most popular tests, Gallups StrengthsFinder, is now used by 457of theFortune500 companies as a way to communicate with workers, according to the Wall StreetJournal.
13.Some employers are now monitoring workerstemperaments in real timeincluding the worldslargest hedge fund, where employees can track their individual stats on a personalized digital“baseball card.”Experts in the fast-growingpeople analyticsindustry believe it wont be longbefore algorithms regularly sift through Facebook and Twitter postings to glean and analyzeadditional data.

Upload your study docs or become a

Course Hero member to access this document

Upload your study docs or become a

Course Hero member to access this document

End of preview. Want to read all 45 pages?

Upload your study docs or become a

Course Hero member to access this document

Term
Winter
Professor
NoProfessor

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture