The most obvious metric of its "success" is the simple conditional 35% > 0%.
And while I agree, the motivation behind the CEO's thinking is based on bottom-line thinking, and not do-gooder motivation, its still nice to see SOME outside-the-box thinking on this issue.
So it is true that it's immaterial to his business - whether it's open hire, or day laborer, or something else.
But I'm not sure how exactly this method helps anyone? Because most of the employees are gone after 10 months.
Does this mean they've made enough money to move into a better job?
Or does this just reinforce the stereotypes about convicts, drug addicts, and the mentally ill?
Which is to say "35% > 0%" sounds good, but would wilt in the presence of "35% < 45%". Might I suggest a different set of evaluation criteria?
> the only difference is here the "interview" is a 10-month paid apprenticeship
That's a major difference, which makes the analogy fail - since the two thing being compared are nothing like each other.
Either way you seem to be missing the point-- being able to choose who you retain vs. who you fire is a factor of applicant volume, not some objective measure of the quality of a company/hiring practices. Being able to reject more candidates if anything means you are better, as you have enough applicants who want to work there that you can be selective.
And that what's really happening here with this no-interview no-skills-asked-for open-hire policy (and its high turnover rate), is that they are keeping the cream of the crop and shedding the wheat from the chaff.
It could be.
If you give anyone the chance to show their worth in a 10 month program, that's sure as hell a lot less discriminatory and IMHO equates to a more qualitative hire.
Sure you can only keep the amount of people you have openings for (in this case 35%), but you are very certain you hire the person you want working for you, and not the person with the shiniest resume.
It would be better for all of society if programs like this were more common.
I don't think this is the "success" story it's being made to be.