I read in Forbes that a June Resume Builder study uncovered findings that proved figures comparable to the MyPerfectResume study. Out of the 1,641 hiring managers surveyed, 40% of respondents admitted to posting fake job adverts this year, and three out of 10 say they have a ghost job advert active.
This make work concept is troubling, think of the wasted resources, on this unneeded manager salary and benefits, then the costs of the ads and the resources burned doing this. You know, it is not done in small companies; they don’t have the resources to waste. This is stockholder money being wasted.
Apparently according to the same ResumeBuilder survey, “companies posted fake job listings to make it appear the company is open to external talent (67%), to act like the company is growing (66%), to make employees believe their workload would be alleviated by new workers (63%), to have employees feel replaceable (62%), and to collect resumes and keep them on file for a later date (59%).”
Almost seems fraudulent, to shareholders. It makes me wonder about my stock portfolio and all the wasted money being spent instead of being dividends.