alt Hacker NewsNice way of hiring but is it really worth it to give the public a trip to Maui (kinda expensive these days)
Does it really reveal that much talent to make it worth the money?
Just curious
Replies
armandhammer10 • yesterday at 4:55 AM
It's less about the money. It's about giving people a chance to do something fun / show off their skills and get rewarded for it.
Plus, Hawaii is awesome.
➕ show 2 replies
AndrewKemendo • yesterday at 3:14 PM
Way less than you would pay for a recruiter
they usually ask for a non trivial percentage of the first year salary
The prizes (Maui trip, second/third prizes, swag kits, shipping for the swag kits) probably cost around $20k in total.
Assuming an engineer costs $200k/year, 200 effective working days per year, that's 1k/day. Developing the contest (from the idea to building the rules to building the site to playtesting) likely cost more than 20 eng-days, making it the biggest cost.
Hiring is expensive. If it takes 30 minutes to screen one candidate for suitability for the "real" interview and 5h to do a "real" interview (including evaluation etc.), 5 screenings for one interview-worthy candidate and 5 interviews for one hire (I suspect the real factors might be closer to 10), that's 12.5h of screening and 25h of interviewing per hire.