u/InTheDarkDancing wrote (the comment Michael replied to):
If the accusation is that Codesmith is padding their stats, which I don't necessarily doubt because it's in every companies best interest to portray themselves in the best possible light, I think there needs to be context as to how much padding is suspected. If Codesmith claims
u/michaelnovati replied · · edited ★ FEATURED
My non-data-backed hunch based on anecdotal reporting is it's around 50% within six months for recent cohorts. Every 3 fellows hired per cohort could boost that by \~10% and the way they describe fellows as being hired is completely invisible to CIRR (based on their explanation in their blog post about CIRR)
Their salary stats could be much higher if only experienced people are getting placed at high salaries. Salary stats are only based on people hired and don't account for all the $0s from people not hired. You could have a 1% graduatio rate if 1 out of 100 people graduates and a 100% placement rate if the person is placed and a $500,000 median salary if that was the person's base salary.
EDIT: I have no problem with CIRR or Codesmith using CIRR. But I'm very concerned when people tout it as a "gold standard", "only trustworthy source", "independent audit" or other statements on Reddit. The reports are just the same as any other audited report from Hack Reactor, BloomTech, etc...