Not entirely true. Both interns and new college hires can require a lot of work from your previously-productive employees. I've met many firms -- particularly in the finance sector -- who don't hire anyone below that 3-5 years' experience bracket. If you are willing to pay, it can really be worth it to avoid the amount of early-stage training it takes to get a young person either up and productive or determine they're not capable of growing into larger-scale development and have to manage them out.
I'm not in favor of it personally, mind you, as I did a lot of hiring across the board, but I can understand where they come from, particularly little sub-500 employee shops.
I'm not in favor of it personally, mind you, as I did a lot of hiring across the board, but I can understand where they come from, particularly little sub-500 employee shops.