CIRR results for 2021 up!

Formation doesn't have public any "reports". We don't aggregate a lot of numbers either internally. We are focused on meeting or exceeding each person's individual goal. I'm more than happy to try to answer questions you might have. Some notes about why. The summary is that since we aren't bootcamp, course, or anything like that, it's very nuanced to summarize numbers and we would need to invest a lot of time and energy in figuring things out: 1. Bootcamps have a consistent A starting point and a report is a way to measure how well they develop people from starting point A. Formation is focused on someones goals, so our outcomes are relative to that. For example have Senior Microsoft engineers who want to go to top tier smaller companies. We have new grads who want to go to FAANG. We have self taught people looking for apprenticeship. Our most common Fellow will have 1-3 years of experience at a decent company, did a bootcamp or CS degree originally, and land at top tier companies. 2. Compensation and salaries require individual examination. Our Fellows are getting top tier jobs with base salary, signing bonuses (sometimes over multiple years), performance bonuses, stock grants (with complex vesting cycles). It's hard to properly communicate outcomes by just aggregating this into big numbers. [Levels.FYI](https://Levels.FYI) and a lot of people on Blind do this for individual offers, but combining them all into one signal overall "median" or "average" doesn't make much sense. One metric we currently use is the additional annual compensation increase. This is better than absolute numbers. But it only works for people who have jobs already - which is most people, and for people that don't, it's a misleading to use "$0" as the original salary so we exclude those from the number. We haven't updated this in a while and the current numbers are significantly higher. Our median base salary in quite high but that's meaningless on it's own and I refuse to want any one to join because of this number alone, it means nothing. The last 20 offers signed in order is another thing I post around places. I think publishing just a list of all offers might help too. You lose the compensation and you lose the titles and levels, as well as starting points, but it gives you an idea of where people end up: Figma, Google, <startup>, Amazon, Amazon, <startup, fin-tech>, Bill.com, Microsoft, Amazon, Bloomberg, <startup, fin-tech>, Front, Workday, Neato, Microsoft, <startup, crypto>, Jelly Fish, GitHub, Microsoft. (startups that are small are excluded to protect privacy, but are all top tier vetted startups that meet our recommendations of 1. top investors. 2. top tier founding team. 3. strong funding)