There's no real cost if you think about it. It's cheaper to invest in the 1-3 candidates you want to bring in and actually hire (i.e they pass the personality fit) than it is to make the wrong hire.

We absolutely don't compensate candidates for their time. From an economics perspective there's no value in the output, and the shared value is the opportunity for each side to determine if we have an alignment on fit. Each side makes an investment with an outcome based goal - that's why this is as equitable as we could make it.