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Joined: Jul 2011
Posts: 2,007
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Making money is neither virtuous nor evil. Money is a tool. It's how you seek it, and what you do with it, that defines you. Money has psychological impacts on individuals and interpersonal relations. It's not "neutral" in the sense that electricity is neutral. Also, lack of money results in effective reduction of intelligence in the modern economy.
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Joined: Feb 2011
Posts: 5,181
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Good point, Jon. I figure that MONEY can't buy happiness, but abject poverty can certainly purchase misery, if little else.  It's just not a zero-sum game.
Schrödinger's cat walks into a bar. And doesn't.
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Joined: Nov 2012
Posts: 2,513 Likes: 1
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I question the accuracy of the claims in the article. I've done the recruiting gamut with all the major consulting firms and was never once asked for my scores by any of them. Other things spoke to ability-- winning competitions, scholarships, interesting/prestigious work experience, the ideas I shared.
I would be loath to work at a firm that used such crass and, frankly, uncreative measures as standardized tests to assess me. If they don't have the skills to identify me as a desirable candidate by my burning passion for my subject, my knowledge displayed in heated conversations, or my experience, that tells me that they a) are dull, b) probably don't have much knowledge in the field, which means a low ceiling on growth opportunities, and c) don't share my values.
And as to $$ as a motivator, I think we're all familiar with the literature on extrinsic vs. intrinsic motivation above subsistence levels.
What is to give light must endure burning.
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Joined: Feb 2010
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If more employers used test scores rather than or in addition to college degrees to screen applicants, more young people could get good jobs without paying the heavy college toll. http://www.nytimes.com/2014/03/30/sunday-review/how-businesses-use-your-sats.htmlHow Businesses Use Your SATs By SHAILA DEWAN New York Times MARCH 29, 2014 Eric Eden, vice president of marketing at Cvent, an online event management business, said the company had to know if a candidate was capable of learning its software in detail. Because its system is proprietary, there’s no objective measure candidates can earn, like an Excel certification. So it makes sense for Cvent to turn to the SAT, which measures what psychologists call “g,” or general mental ability — how well a person might respond to an unspecified challenge. In this age of rapidly changing technology and constantly upgraded skills, “g” may be a better predictor of success than expertise in a specific software package.
“Employers used to consider educational aptitude tests as having nothing to do with the real world, but some may have read enough to know that they’re very highly correlated with job performance,” said Frank Schmidt, an expert on employment testing. Mr. Schmidt acknowledged what some colleges have found: Achievement tests, which measure specific subject mastery, are better predictors than aptitude tests, which measure innate ability. But he said the difference was not large enough for employers to develop their own job-specific tests.
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Joined: Nov 2012
Posts: 206
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This has been true in a number of industries. For a brief few minutes, I fantasizes becoming a management consultant. The info we got said to put any standardized tests score front and center, assuming you did well of course. The interviews feel like brain teaser types of questions as well.
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Joined: Jul 2011
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This has been true in a number of industries. For a brief few minutes, I fantasizes becoming a management consultant. The info we got said to put any standardized tests score front and center, assuming you did well of course. The interviews feel like brain teaser types of questions as well. You still may not be measuring what you want to measure. What they really want to do is to "match employee capability to job complexity" or something like that. http://en.wikipedia.org/wiki/Requisite_organizationApparently, what you want to measure isn't IQ, but something similar. Which really means that the IQ test is the wrong tool to measure this in the corporate context, where you are dealing with organizations. I'm certainly not a corporate consultant. I don't even play one on TV. Technically, I play a lawyer on the internet. I'm not sure if that ad is still running, though.
Last edited by JonLaw; 03/30/14 08:55 AM. Reason: It put a space where I did not want a space and that made me sad so I changed it.
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Joined: Feb 2014
Posts: 69
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It does not really seem like IQ they are looking for but executive functioning. For instance problem solving is mental flexibility and sequential thinking for the learning of new information. Also, just the general ability to get along with others and work as part of a team.
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Joined: Jul 2013
Posts: 222
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I did the management consulting thing in the mid 90s in the Silicon Valley. I learned a lot but was miserable working all the time just for money. I decided to move across country and get a PhD. Then, decided to get married, have kids, and teach a my hometown local university. I would never go back to that life. The only reason that I can think that they use these IQ things for interviews is because early in your career, you often have to walk into a project and learn a lot about the industry, the project, etc really fast. You don't really become focused until you have been on a few projects with overlapping characteristics, then you start getting placed on other projects with those same characteristics. They also test for your ability to sell yourself and think quickly on your feet.
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