$420 per placement is insanely good cost-effectiveness! In contrast, we spend ~$8000 per new hire at Epoch on evaluations. If the process significantly alleviates the vetting burden on the orgs I am pretty impressed.
Thanks! For full transparency / possible underestimating of our numbers (the post was written quickly):
it includes part-time roles, and we haven’t adjusted for this (but should)
I imagine there’s a distribution in the value of each role we placed (I expect some are much more valuable than others) but we haven’t figured out how to judge them.
it doesn’t count my time (since I’m unpaid), which might reduce the cost-effectiveness (I’d estimate it was maybe 20% of the billed hours)
we don’t help with vetting other than providing a list of candidates (but this might be particularly useful for folks doing closed hiring rounds)
we probably need to apply some discount for candidates who would have been hired anyway
So I wouldn’t be surprised if the adjusted cost per placement was 2-3x higher right now (although, we expect this to drop since the maintenance costs are very low)
$420 per placement is insanely good cost-effectiveness!
In contrast, we spend ~$8000 per new hire at Epoch on evaluations.
If the process significantly alleviates the vetting burden on the orgs I am pretty impressed.
Very excited to see the progress of this org!
Thanks! For full transparency / possible underestimating of our numbers (the post was written quickly):
it includes part-time roles, and we haven’t adjusted for this (but should)
I imagine there’s a distribution in the value of each role we placed (I expect some are much more valuable than others) but we haven’t figured out how to judge them.
it doesn’t count my time (since I’m unpaid), which might reduce the cost-effectiveness (I’d estimate it was maybe 20% of the billed hours)
we don’t help with vetting other than providing a list of candidates (but this might be particularly useful for folks doing closed hiring rounds)
we probably need to apply some discount for candidates who would have been hired anyway
So I wouldn’t be surprised if the adjusted cost per placement was 2-3x higher right now (although, we expect this to drop since the maintenance costs are very low)