I built my multi time the old fashioned way...I flew freight. When the regional I worked for started hiring guys from bridge programs at 500 hours total time I was appalled. Not the thought of 500 hour FO's but the thought of pilots that would eventually be 2000 hour captains scared me. But, after getting to know a couple and getting to know what there programs entailed I was pretty impressed. The 500 hour pilots that my airline was hiring came out of bridge programs that did all their flying IFR and did it all in a crew environment, practicing crew procedures for most of the hours. I have come to the conclusion that it is far better to have someone with 500 concentrated hours all multi, practicing IFR in a crew environment, then to have someone with 1200 total time, mostly instructing VFR with maybe 200-300 hours multi spread out over a couple of years.
As far as captains babysitting FO's, I admit, i've had a couple that I wondered how they made it through the school house, but if you're feeling like every single FO is a F-up and nobody is up to your standard than I think you need to take a look within yourself. Your "crew concept" is probably lacking.
In my experience, most captains that feel this are usually uptight about the wrong things. You are pissed off that the FO slows down a little sooner than you would on final but maybe you don't know yourself that you are supposed to slow your climb/descent to 1,000 fpm when within 1,000 feet of your altitude.
If you expect perfection from your crew, you better be perfect yourself.
Later.