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drewgross | 3 years ago

0.1-1% hire rate based on applicants, or based on candidates interviewed? 0.1% hire rate of candidates interviewed doesn't seem compatible with your described growth rate, even if you very conservatively assumes you spend 1 hour interviewing each candidate, thats 25 weeks of straight interviewing per candidate hired. And thats 1 hour of time across the whole company, if you have 2 interviewers spend an hour each, thats now 50 employee-weeks, or an entire year. To double the company size in 5 years, you would have needed to spend 1/5th of your entire tenure interviewing. If you go up to 10 total hours spent per candidate (including all interviewers, recruiters, and time spend in discussion and negotiation) it becomes straight up impossible.

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lordnacho|3 years ago

Surely it's not based on interviews. You'll lose the will to live if one in a thousand interviewees gets the job.

Based on applicants it's ok, went all seen how any job ad attracts piles and piles of spam applications.

_rend|3 years ago

Oh, for sure, that would be nuts. 0.1–1% of applicants.

runamok|3 years ago

So to be clear for a given position you get 100 to 1000 resumes, then interview how many of those before deciding on 1 person? I am curious what the funnel looks like.