I think the appropriate cost to use for evaluators, applicants, and admins is the opportunity cost of their time. For many such people this would be considerably higher than their wage and outside the ranges used in the model. I don’t know that this would change your conclusion, but it could significantly affect the numbers.
I think the appropriate cost to use for evaluators, applicants, and admins is the opportunity cost of their time. For many such people this would be considerably higher than their wage and outside the ranges used in the model. I don’t know that this would change your conclusion, but it could significantly affect the numbers.