Last year, we had 2 new hires.. one is fresh out of college (and not one of the top ones), other with 15 years experience on resume in our industry.
I am not sure there is 10x difference, but there is at least 5x difference in performance, in favor of fresh college grad, and they are now working on the more complex tasks too.
The sad part is our hiring is still heavily in "senior engineer with lots of experience" phase, and intership program has been canceled.
At my previous company I had 2 first-job juniors and 4 or 5 interns that were outstanding.
(however the last one was totally terrible and totally killed my hiring credibility hah, but it was a 80% success rate still)
I find that there are too many pretenders, though. I get way too many people with 15 years of experience and ChatGPT resumes that just can't code at all :/
have hired five interns and five experienced developers. Some of the interns exceeded expectations, while some of the experienced developers also performed well.
The top-performing experienced developers outshone all the graduates. However, the less effective experienced developers were on par with the graduates, showing no significant difference in performance.
The takeaway for me is that simple anecdotes are not very informative. Over time and with a larger sample size, experienced individuals tend to perform better. Nonetheless, some graduates will also become exceptionally skilled.
Graduates are more cost-effective. Experienced professionals require less oversight. If they need substantial guidance, they don't truly qualify as senior, as opposed to their resume that says, at 25 they have been a CTO for 10 years).
The new core question for interviewers to answer is "why should I hire you over ChatGPT?" If you are just going to take the requirements and copy paste them into ChatGPT, I could do that myself just as fast and you aren't adding any value.
I am not sure there is 10x difference, but there is at least 5x difference in performance, in favor of fresh college grad, and they are now working on the more complex tasks too.
The sad part is our hiring is still heavily in "senior engineer with lots of experience" phase, and intership program has been canceled.