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Re:The Talent Shortage Myth and Why HR Should Get Out of the... by rdouble on Tuesday April 02, 2013 @11:30PM (#5484060)
Most good startups do hire this way. At least, at first. As you mention, it's hard to scale. A handful of larger companies seem to know how to recruit at scale... Google, Apple, Palantir, Facebook, etc.
Re:The Talent Shortage Myth and Why HR Should Get Out of the... by rayiner on Tuesday April 02, 2013 @11:53PM (#5484119)
I suppose it depends on how you define "larger." It seems to work well enough for banks with thousands of bankers and 100+ new recruits each year. But it is definitely expensive, and above all requires total organizational commitment. Recruiting becomes a substantial budget item, and very few people in the organization consider themselves "too important" to get involved with it.