What the Optimal Stopping Theory teaches us about how many to interview

On today's episode of the High Volume Hiring Podcast, we dig into a simple yet brilliant mathematical formula designed to save recruiters a massive amount of time. Using a bit of high school math will help you determine in advance how many applications to receive per role, how many of those you should interview, and when you should extend a job offer. Our guest today is Alexander Shabanov, a technical recruiter with two decades of experience. He's worked in several countries for organizations that differ significantly in terms of size, industry, products, and more. Our cohosts, Jeanette Leeds and Steven Rothberg of College Recruiter job search site, dig into the problem that often faces talent acquisition, the solutions that are commonly used, and how using this formula improves on those. The Medium article we discussed is at https://medium.com/@alshabanov/tackling-high-volume-recruitment-challenges-in-tech-with-optimal-stopping-theory-3e5852830a93 . Learn more about your ad choices. Visit megaphone.fm/adchoices