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56 points mooreds | 1 comments | | HN request time: 0.223s | source
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MontyCarloHall ◴[] No.45413429[source]
Why?

Because the vast majority of job interviews are with terrible candidates, even if the majority of candidates are excellent. This apparent paradox has a simple explanation: excellent candidates selectively apply to a few companies and get interviews/offers at almost all of them. On the other hand, terrible candidates are rejected at every step of the hiring process, and have to constantly reenter the interview pool.

Suppose 90% of candidates are excellent and 10% are terrible. If the excellent 90% only need to interview at one company, whereas the bad 10% need to interview at 20 companies, then only 0.9/(0.1*20+0.9)=31% of interviews will be with qualified candidates. To retierate: almost 70% of interviews will be with terrible candidates, even though 90% of people applying for jobs are excellent.

Because the cost of a bad hire is so consequential, the interview process is not designed to efficiently handle a minority of qualified candidates, but rather efficiently weed out a majority of horrible candidates. It is therefore a terrible process for the people actually qualified to pass it.

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mooreds ◴[] No.45413589[source]
Ah, the "market for lemons" argument: https://www.jstor.org/stable/1879431

> Because the cost of a bad hire is so consequential,

This is stated all the time and I feel it is true. But is there any way to make it less consequential? That was my main argument for contract-to-hire (though I know there are downsides to that approach).

Are there any other ways to make hiring less risky?

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gwbas1c ◴[] No.45413750[source]
> Are there any other ways to make hiring less risky?

Professional licensing.

Many other fields require professional licenses. I don't understand there's so much opposition in our field.

(Ok, I do understand.) In general, licensing has some risks:

The lemons will get excluded from the field. (Which is kind of the point.)

Or, the lemons will decide what the criteria for a professional license is; which turns it into a BS hurdle.

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That being said, the article gets closer to the point of what a professional license is for: "An interview is like running 100m and a job is like a 10k.". If the license is more like running a 10k, then interviewers can rely on it to do a better screening than they could ever hope to do.

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1. ◴[] No.45416863[source]