Interviews as a means for selecting candidates don’t work. They reveal something completely different from what one needs for work. CVs work even worse, especially since everyone can write them well these days. But you still need to select and hire people.
Skip the Interview, an American startup of the day, offers to use money for this. In their model, an employer states the price of an opening – a significant amount of money, for example, USD 10K. The candidate collects it through their family, ex-colleagues, and other references. As soon as the bar is reached, the company hires them without any interviews or other unnecessary things.ы.
If the new employee doesn’t get fired by the end of the test period, the employer return double the size of the donations to the referees. If the person didn’t make it – then, alas, the money is gone for good. In theory, the price of hiring for the corporations is comparable with the one they pay to regular agencies, but it is dramatically simpler in terms of organization. And when one’s own skin is at stake, it might just work out better than questions like ‘how many balls will fit in a cart’ or ‘how do you see yourself in five years.’
The startup launched its first landing this autumn and immediately received aggressive criticism in the spirit of ‘never before has it been so easy for a rich daddy to land his baby boy a good job.’ The founder posted a few tweets trying to defend themselves before surrendering to popular opinion and shutting down the project. Progressive America is not ready for direct sales of positions at the moment.
#work #usa #selffunded #shutdown
Translation: Kostiantyn Tupikov
Alexander made his career in Russian internet companies including Mail.Ru, Rambler, RBC. From 2016 to 2018 he was Chief Strategy and Analytics officer in Mail.Ru Group. In this position, he worked on M&A, investments, and new project launches. In 2018 he became Deputy CEO in Citymobil, a Russian Uber-like company that was invested by Mail.Ru Group and Sberbank (the biggest Russian bank), then he left the company to launch his own projects. Now Alexander is a co-founder of United Investors – the platform for co-investments in Russian early-stage startups. His blog #startupoftheday (#стартапдня) is one of the most popular blogs about startups in Russia.