Data SDy – How SDy Can Help You Make Better HR Decisions
When it comes to HR, there are a number of important metrics that should be measured, including ROI (return on investment). But one of the more under-appreciated and difficult metrics to measure is SDy – or the variance between a candidate’s performance and the performance of an incumbent. SDy is a key indicator of whether or not an investment in people will pay off.
To understand SDy, let’s look at a simple example. Imagine that you have a role which requires a specific set of skills. You have two candidates, both of whom meet the criteria, and you need to make a decision between them. If you want to make the best possible choice, you need to know which candidate is more likely to perform well in the role and how much extra money it would cost you if they didn’t. This is where SDy can help.
Using the data sdy you can easily compare the performance of each individual and determine which one is the better choice. This will not only save you time and money, but it will also help you make a more informed decision. SDy is especially useful for determining if an external assessment center is worth the expense, or if that expensive training program you’ve been told will improve your team’s productivity is worthwhile.
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