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Sure, it would take some more effort to dig into than checking boxes.

But it would also provide more valuable feedback.

How would you compare candidates that have some code in GitHub and those that don't ?

You can assess the ones that don't have code on GitHub in a different way, but there is no reason to ignore a possibly valuable datapoint.

But faang companies try to objectively compare all candidates. Also they have so many resumes that it doesn't seem feasible to review code on GitHub.

5 hours x 1/2 people checking boxes is energy that could be put to better use.