Institutions like Facebook, Mckinsey, and Goldman spend ~ $1 million per school per year at the institutions they recruit from trying to pull students into lucrative careers that probably at best have a neutral impact on the world.
That’s really interesting to me because I’m currently thinking about potential recruitment efforts at CS departments for AI safety roles. I couldn’t immediately find a source for the numbers you mention, do you remember where you got them from?
I also couldn’t find much information on campus recruitment expenses for top firms. However, according to the US National Association of Colleges and Employers (NACE), in 2018 average cost-per-hire from US universities was $6,110.
FAANG and other top tier employers are likely to spend much more than the average.
For each of the companies, if you look at publicly available websites for the campus recruiting centre for one of the HYPS schools for these companies, and just look at the roster of public facing “ambassadors”, who have significant skills and earning counterfactual (so fully burdened cost may be over 200K per head) it’s clear it’s a 7 figure budget for them once you include operations, physical offices, management and other oversight (which won’t appear on the PL per se).
1 mil is the low end.
I can’t immediately pull up a link here as I am on mobile.
That’s really interesting to me because I’m currently thinking about potential recruitment efforts at CS departments for AI safety roles. I couldn’t immediately find a source for the numbers you mention, do you remember where you got them from?
I also couldn’t find much information on campus recruitment expenses for top firms. However, according to the US National Association of Colleges and Employers (NACE), in 2018 average cost-per-hire from US universities was $6,110.
FAANG and other top tier employers are likely to spend much more than the average.
For each of the companies, if you look at publicly available websites for the campus recruiting centre for one of the HYPS schools for these companies, and just look at the roster of public facing “ambassadors”, who have significant skills and earning counterfactual (so fully burdened cost may be over 200K per head) it’s clear it’s a 7 figure budget for them once you include operations, physical offices, management and other oversight (which won’t appear on the PL per se).
1 mil is the low end.
I can’t immediately pull up a link here as I am on mobile.