If your startup operates with a 50% or 75% target rejection rate, you absolutely can and should operate differently, and this could be an important competitive advantage for you.
If your startup operates with a 50% or 75% target rejection rate, you absolutely can and should operate differently, and this could be an important competitive advantage for you.
I swear sometimes it might just be easier or even fairer to throw all resumes/applications in the air and see which ones land inside of a predetermined circle.
When I was a responsible for hiring interns, we used to joke about this all the time. Just throw away 75% of applicants, everyone that got thrown out is unlucky, and we don't want unlucky people bringing the company down.
Steve Yegge made that observation many years ago regarding Google. For every person working at Google, there is a panel of interviewers that would have rejected that person.
With automated resume pruning, it shouldn't take more than two hours for initial pruning. Actually, the higher number of applications means they can put in stricter pruning conditions, leading to lesser manual pruning later on. Assuming 2 hours/person interviewing, it should take less than a 40 hours-person to close a position.
I'd guess there's also some benefit w.r.t company loyalty when hiring a good-enough candidate instead of the best-available. They would be less likely to switch jobs compared to someone who can solve a leetcode hard problem in 15 minutes.
Few companies are actually in a position, given their knowledge, stability of their industry, and marginal quality of hiring success, to succeed at deliberately loosening or tightening their interview process to arrive at just the right number of final candidates.