The 37% rule, also known as the secretary problem, suggests that you should spend the first 37% of your time gathering information and the rest of the time acting on it. In the context of hiring, this means interviewing the first 37% of candidates to understand the talent pool and then picking the next best candidate.
However, if you find a seemingly perfect candidate within the first 37%, it's still recommended to continue interviewing. This is because there might be someone even better in the remaining pool. The rule is about maximizing your chances of finding the best candidate, not necessarily the first good one you come across.
Remember, this is a mathematical model and real-life hiring involves many other factors.
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