Taylor-Russell Tables – designed to estimate the percentage of future employees who will be successful on the job if an organization uses a particular test
The first information needed is the test’s criterion validity coefficient – that is by conducting a criterion validity study with the test scores correlated with some measure of job performance
The second piece of information that must be obtained is the selectionratio – the percentage of people an organization may hire; lower selection ratio, higher usefulness
The final piece of information needed is the base rate – the percentage of employees currently on the job who are considered successful