Posted by headalgorithm 19 hours ago
In the last few years I was the main tech interviewer for a 300-employee fintech.
For a specific position, one recruiter got around 150 applicants, selected 5 great ones, who did take-home tests and mild-tech interviews. Offers were made to most.
For the same role/salary, but from another queue, a second recruiter got around 900 applicants, cherry-picked about around 70 of them. Out of those, only 40 completed the 1h take-home test. Only 20 delivered it, only 10 implemented the requirements. Of the 10, all were unable to answer even basic questions.
This was concurrently, so it wasn't "affected by AI".
I didn't changed my methods and in fact I didn't even got close to asking hardball questions to the second group.
The second recruiter didn't get their contract renewed and left.
Everyone will have some successful stamps, and they accrue over time giving better signal. Hiring managers can make a rational decision about what number of stamps over what period of time is sufficient to evaluate a person, trading against the risk of misreading a profile by accepting someone with fewer stamps.
If I am doing a 6 month contract which is what he is proposing then yeah I want a great day rate and to earn 12 months salary in those 6.
It basically means I invest in a company that doesn't believe in me and probably wont try to help me succeed.
Also mortgages, car loans, life and health insurance etc. are harder to get on a short contract.
Hiring is broken (maybe) but 6 month paid interviews are not the solution.
If you want to know if someone is good at your company in 3-4 interviews, it’s tough, the best they can do is ask these technical questions. Talk to you about your past work, ask you technical what ifs. Most dumb ass companies will ask you to do trick coding leet code crap.
Now you're amazon/google. You have 200 open positions in a certain site/country. You receive 10000 CVs. Same problem, different scale.
So ok, you need to filter CVs, mmm, which sucks, right, so perhaps we do a screen interview? mmm, low signal, maybe....
And before you say that this is inefficient consider that despite being terrible for morale and efficiency (proven in un’etica studies) companies still maintain the bottom 10% out or up or out policies.
Companies always love their power on their employee over efficiency.
Today I'm 45 with family and have a fancy VP title, but I would have no problem to do this for an interesting role at a cool company.