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. 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.
That job you applied for might not exist
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Re: That job you applied for might not exist
#12I’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. This…
A candidate applying for a job - even with a single click - involuntarily and automatically has a small hope that they might get that job. If that candidate is in a more desperate situation, not receiving a reply, being denied or mislead, has a mental toll.
Do this for a couple of job ads and the effect compounds.
Re: That job you applied for might not exist
#13How are job listings and company revenue related?
Re: That job you applied for might not exist
#14Earlier quoted context omitted.
> Mass-producing adverts for non-existent positions is a method of defrauding investors How so?
a company ready to mass hire, implies ready to spend, this bolsters an impression of profitability and expansion, and is gaming speculations of future stock value.
In other words, why would investors who want to use hiring as an indicator of performance deliberately look at job postings, which they know might be BS, instead of payroll budgets on the financial reports, which aren't?
Re: That job you applied for might not exist
#15Re: That job you applied for might not exist
#16I’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. This…
Google called annually for 10 years after I interviewed there, asking if I was still interested in employment. I always said yes and they kept calling every year until I demanded to know what the purpose of the calls was.
Re: That job you applied for might not exist
#17I’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. This…
Re: That job you applied for might not exist
#18Earlier quoted context omitted.
a company ready to mass hire, implies ready to spend, this bolsters an impression of profitability and expansion, and is gaming speculations of future stock value.
But wouldn't that fact that, as you point out, job postings aren't a reliable indicator of business performance precisely because of their propensity to be BS itself diminish any impression they might bolster? In other words, why would investors who want to use hiring as an indicator of performance deliberately look at job postings, which they know might be BS, instead of payroll budgets on the financial reports, whi…