What I learned from reading 8,000 recruiting messages
blog.hired.com
blog.hired.com
Keeping salaries secret has been a huge tool wielded by hiring managers and HR in order to suppress salaries for a very long time, especially with the way engineers are typically pigeon holed in to broad titles. I don't see that changing any time soon, as much as I'd like too. It'd solve a number of problems for our profession if that were so. I'd be interested to see what the differences are from the initial offer when reaching out and what the official offer is if a candidate accepts.
I'm guessing most businesses that use this platform have figured out the optimal number to get responses from recruiting emails and then used any leverage they can get in order to discount the engineers skills and experiences in order to get them in to a lower salary. Unfortunately engineers are notoriously bad negotiators and we start to buy in to their arguments and end up accepting bad deals and we don't realize it.
But, this is definitely a step in the right direction.
I definitely agree that keeping salaries secret until the very last second - when you've spent days or weeks in an interview process, and become emotionally vested in the outcome - is a tool that's been wielded against the benefit of Engineers.
Our goal is to break that cycle, and shed some transparency on this otherwise opaque part of the hiring process and get better alignment upfront about comp. expectations before time gets wasted by either party.
What I mean is that it seems the companies 'bid' on anyone who met some minimum requirement and relied on the initial phone screen to actually vet the candidate. The three phone screens I had the person on the other end displayed no knowledge of the experience and skills I listed on my profile and one did not even have any preference what division of the company I should work for (was just looking for another somewhat competent software engineer, not caring much beyond that)
My point is: personalized messages are more likely to result in a hire BECAUSE the person writing the message knows what they are looking for. Conversely the recruiters I deal with on a regular basis are only looking for a 'python engineer' or something similar. They could not possibly write a personalized recruiting message.
"Most statistically significant" does not imply that the variables themselves are statistically significant, and it does not imply that the logistic regression itself is accurate (especially since the regression uses only 5 variables). What is the accuracy of the model?
The value of the logistic regression coefficient is the log-likelihood of the estimate, not the "Significance of Regression Coefficient", which is a completely different value altogether (the p-value).
I would suggest it's not good practice to drop variables, even if they aren't statistically significant (and what an argument that can become if you test things simultaneously). Particularly if there's any chance they are correlated with other variables. Read Pearl; causality (which is what you're really discussing) is a rat's nest.
Also, when you plot the value of the coefficients, I would suggest ordering them by abs(coef) * stddev(var). This may not matter much for you since it looks like most of your variables are indicator variables, but it's still good practice.
edit: oh, hi, you're the Aline that wrote this? Thanks for the interesting analysis.
Regardless, thanks for pointing me to Pearl. Linking here for others in case they're interested, too: http://bayes.cs.ucla.edu/BOOK-2K/
And, yes, I'm that Aline. Ohai, and thanks!
1.) Data is stored in a central database, and not across dozens of email accounts, LinkedIn Recruiter accounts, etc.
2.) Working with over 1100 companies, and hundreds of candidates every week, we have a huge sample size to draw on
3.) We actually have a full time Business Intelligence Analyst on our team, and we subscribe to data analysis tools such as "Looker" to build internal dashboards, and metrics which help us drive marketplace efficiency... we also have a Data Scientist on staff, whom we found on Hired (naturally!)