> Is it annoying for candidates? Yeah, but we pay you a lot of money, and it does actually work for us. Is it perfect? No, but it does work.
I've never been paid for interviewing. You mean you pay the successful candidates well, which is what? 10% of the people you subject to this obnoxious process?
My FAANG team does 2x screening interviews plus a round of 3 to 4 full interviews. We try to interview at most 4 candidates in the full loop. That’s about 5 hours of interview time, and the average candidate will succeed by the 3rd or 4th interview.
Given that we are making a $200-600k+ decision and that the average candidate stands to gain tens of thousands of dollars or more, the 20-40 hours spent interviewing seems time well spent on both sides.