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by jobeyonekenobi 6611 days ago
Quite a smart strategy. I wouild love to impliment this and infact, I think I could come up with a very good business case for it. As with most of you I suspect, I at first thought about the angle of "it's a quick $1k, I'll just quit in a week and be better off for it". But of course - Zappos has already weeded out unsuitable candidates in interview/tests. That 10% figure is highly realistic because Zappos have a good idea that the vast majority of their new hires ARE right for the job, before they even start their training.
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Plus they're probably running Bayesian statistics on all the data they have on the interview/test results of the candidates, so they can get better on hiring those that are less likely to quit. (And if they're not, they should be.)