Yea because we live in a place where everyone is super honest and no one is going to try and take advantage of that to make 500k a year.
IMO, it doesn't work. Talk is cheap.
I wouldn't have a job if I had to talk my way into any company, I'm an introvert, I suck at communicating orally. But I can solve problems and write really good code. You throw problems at me during an interview and I'll solve them. Ultimately your company's code is not going to write itself.