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Yes, to some extent you have to accept that you could end up passing on some candidates whom could have turned out to be good employees. Couple thoughts though: 1.) It's still only in hindsight that you could say something like that (ie. "wow that person really did turn out good") 2.) If you're still hiring good employees at a decent rate, does it matter? Short of being 100% efficient (which is an inappropriate goal anyways), you'd only need to address this if you were somehow not hiring anyone or hiring way below industry pace



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