MyPerfectResume, a leading career and resume service, has unveiled the findings from its 2024 Recruiting Trends Survey. The survey explores current recruiting trends, including the impact of remote work on talent acquisition, the prevalence of ghost jobs, the effectiveness of AI recruiting tools, and reactions to the Federal Trade Commission (FTC) decision to ban noncompetes nationwide.
AI Recruiting Tools: Adoption vs. Effectiveness
- High adoption rate of AI tools: 96% of recruiters use AI recruiting tools.
- Only 35% of recruiters believe AI tools are very effective in identifying the right candidates.
- Comments from Jasmine Escalera highlight the potential and current limitations of AI in recruiting.
Prevalence of Ghost Jobs
- 81% of companies post ghost jobs, creating frustration for job seekers.
- Reasons for ghost jobs include:
- Testing market response to hard-to-fill jobs (38%)
- Maintaining a presence on job boards (38%)
- Assessing job description effectiveness (36%)
- Building a future talent pool (26%)
- Gaining market insights (26%)
Impact of Remote Work on Talent Acquisition
- 83% of recruiters believe remote work has improved the quality of applicants.
- 92% of recruiters are more willing to consider candidates from different geographic locations due to remote work.
- Breakdown of responses:
- 32% significantly increased willingness
- 60% somewhat increased willingness
- 7% no change
- 1% decreased willingness
- Preference for local candidates remains:
- 49% prefer local candidates strongly
- 47% have some preference for local candidates
- 4% have no preference
FTC Ban on Noncompetes
- 97% of recruiters agree with the FTC decision to ban noncompetes nationwide.
- Predicted impact on employees:
- 58% believe it will benefit employees
- 36% think it will harm employees
- 6% see no impact
- Predicted impact on businesses:
- 59% believe it will benefit businesses
- 36% think it will harm businesses
- 4% see no impact
Key Statistics from the Survey
- Remote work is a boon: 83% of recruiters see improved applicant quality.
- Ghost jobs: 36% of recruiters say about a quarter of their job posts are ghost jobs.
- AI tools usage:
- 26% always use AI tools to screen resumes
- 36% frequently use AI tools
- 34% sometimes use AI tools
- 4% rarely use AI tools
- Effectiveness of AI tools:
- 35% find them very effective
- 26% are neutral
- 34% find them somewhat ineffective
The MyPerfectResume 2024 Recruiting Trends Survey sheds light on crucial aspects of the current recruiting landscape. While remote work is enhancing the quality of applicants, the widespread use of ghost jobs and the mixed efficacy of AI recruiting tools present challenges. Additionally, the FTC’s ban on noncompetes is viewed positively by the majority of recruiters. Moving forward, the focus should be on adopting a human-first approach in talent acquisition to foster transparency and trust.
