The article states three reasons why hiring managers and HR departments may do this but there is a very important fourth reason to do this that is omitted.<p>Mass-producing adverts for non-existent positions is a method of defrauding investors that is not currently policed in any way. Will this loophole be addressed by the SEC or HCoFS in the future? It depends on the next election, but possibly not at all.
I’m trying to figure out how I feel about this. I guess it depends on how arduous the application process is. If it’s just one click apply on LinkedIn and it gives them an idea of supply in the labour market then I’m not losing sleep over it as an applicant. But if they are expecting cover letters and taking people through rounds of interviews, that’s pretty inconsiderate and speaks to a rotten company culture.<p>This is short sighted as this will ultimately push more job seekers into going through external recruiters and these companies will be left paying recruitment premiums.
Archive: <a href="https://archive.is/Qpq8i" rel="nofollow">https://archive.is/Qpq8i</a><p>Stats: <a href="https://x.com/gaybearres/status/1807738852259299626?s=48" rel="nofollow">https://x.com/gaybearres/status/1807738852259299626?s=48</a><p>- 40% of companies admit to posting fake jobs<p>- 70% of managers believe posting fake job listings boosted revenue<p>- 65% of managers believe the job ads had a positive impact on morale<p>- 77% of managers reported an uptick in productivity among workers<p>- On comment: 70% of managers believe fake job postings are <i>morally</i> justified<p>The last might be the most important and overlooked: <a href="https://medium.com/@trendguardian/why-we-are-dispensable-7a577eba4f3e" rel="nofollow">https://medium.com/@trendguardian/why-we-are-dispensable-7a5...</a>
I don‘t apply to jobs anymore, I only work with recruiters and recruitment agencies that do all the nasty leg work for me, leading to employers pretty much applying to me. For example, in my country, we often have to write motivational letters when directly applying somewhere, ridiculous. Another bonus: Companies wouldn‘t waste money on those agencies for fake jobs.