Difference between revisions of "The top 1% fallacy"

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Everyone thinks they're hiring the top 1%.  Martin Fowler said, “We are still working hard to hire only the very top fraction of software developers (the target is around the top 0.5 to 1%).”  I hear this from almost every software company. "We hire the top 1% or less," they all say.  Could they all be hiring the top 1%? Where are all the other 99%? General Motors?
 
Everyone thinks they're hiring the top 1%.  Martin Fowler said, “We are still working hard to hire only the very top fraction of software developers (the target is around the top 0.5 to 1%).”  I hear this from almost every software company. "We hire the top 1% or less," they all say.  Could they all be hiring the top 1%? Where are all the other 99%? General Motors?
  
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|[http://www.joelonsoftware.com/items/2005/01/27.html Joel on Software]}}
 
|[http://www.joelonsoftware.com/items/2005/01/27.html Joel on Software]}}
  
==See Also==
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==Blog posts==
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==References==
 
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=====Footnotes=====
 
<references/>
 
 
 
=====Overcoming Bias Articles=====
 
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*[http://www.overcomingbias.com/2007/03/you_are_not_hir.html You Are Not Hiring the Top 1%] by [[Eliezer Yudkowsky]]
 
*[http://www.overcomingbias.com/2007/03/you_are_not_hir.html You Are Not Hiring the Top 1%] by [[Eliezer Yudkowsky]]
  
=====Less Wrong Articles=====
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=====Other Resources=====
 
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[[Category:Fallacies]]
 
[[Category:Fallacies]]

Revision as of 03:31, 30 May 2009

Everyone thinks they're hiring the top 1%. Martin Fowler said, “We are still working hard to hire only the very top fraction of software developers (the target is around the top 0.5 to 1%).” I hear this from almost every software company. "We hire the top 1% or less," they all say. Could they all be hiring the top 1%? Where are all the other 99%? General Motors?

When you get 200 resumes, and hire the best person, does that mean you're hiring the top 0.5%? Think about what happens to the other 199 that you didn't hire. They go look for another job.

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