DIRS.INFO The most relevant business & tech news

☆ 3 ways Indeed is leveraging AI to help bridge the gap between hiring managers and job seekers
▼ + stars: | 2024-05-08 | by ( Sponsor Post | ) www.businessinsider.com time to read: +8 min

Here are three ways Smart Sourcing can help you hire smarter and faster. "As you accept or reject candidates, the Smart Sourcing AI will learn what you prefer over time," Kudrikow said. Matches are based on three things: The keyword relevancy of your job post, job seekers' resumes, job seekers' search activity on Indeed, and how recently job seekers have been on the site. With a Professional Subscription, hiring managers gain the ability to automate post-outreach and follow-up with custom reminder messages. Getting started with Smart SourcingSmart Sourcing subscriptions are available starting today, and existing Indeed Resume subscriptions have transitioned to Smart Sourcing.

Persons: Allison McLellan, Harris Poll1, Jason Kudrikow, Harris, Smart Sourcing's, Kudrikow, you've, Kudikrow Organizations: Smart, Universal Health Services, UHS, Employers, Insider Studios, . Survey Locations: Puerto Rico, United States

☆ What the new Goldilocks job market means for you
▼ + stars: | 2024-04-13 | by ( Madison Hoff | ) www.businessinsider.com time to read: +8 min

Business Insider looked at how components of the labor market have settled down, like wage growth. And that more boring but steady labor market could be great news for workers and job seekers. The US could be in a Goldilocks job market. Job switchers are seeing higher wage growth than people staying, according to the 12-month moving average of median wage growth from the Atlanta Fed's Wage Growth Tracker. So what will happen to the Goldilocks job market?

Persons: Nick Bunker, Bunker, —, That's, Julia Pollak, ZipRecruiter's, " Pollak, Pollak, Job, Julie Su, switchers, Eugenio Alemán, Raymond James, Juliana Kaplan Organizations: Service, North America, BLS Locations: Atlanta

☆ Inflation unexpectedly creeps up
▼ + stars: | 2024-03-12 | by ( Madison Hoff | ) www.businessinsider.com time to read: +3 min

CPI also increased 0.4% month over month. AdvertisementConsumer price index data released by the Bureau of Labor Statistics Tuesday showed inflation, by this measure, unexpectedly accelerated slightly in February. AdvertisementCore CPI only increased 0.4% from January to February, or matching the previous surge of 0.4%. The food index slowed from a year-over-year increase of 2.6% in January to an increase of just 2.2% in February. The energy index saw another year-over-year decline, a decline of 1.9% in February following a decline of 4.6%.

Persons: —, That's, It's, Nick Bunker Organizations: CPI, Service, Bureau of Labor Statistics, BLS, of Labor Statistics

☆ Indeed shares 4 ways companies can ensure their use of AI for hiring is fair, ethical, and effective
▼ + stars: | 2024-03-05 | by ( Sponsor Post | Created Indeed With | ) www.businessinsider.com time to read: +9 min

A recent survey of more than 250 HR leaders in the US found that 73% are using AI in recruitment and hiring processes. Here are four ways organizations can identify risks and ensure their use of AI is fair, ethical, and effective. The starting point for evaluating AI-powered HR tools should be an understanding that the tools are imperfect. Before adopting AI tools, make sure your HR team is sufficiently staffed so that humans can review every step of any process that AI automates. Even with safeguards, the new generation of AI tools are complex and fallible.

Persons: Trey Causey, Causey, Kumarasamy, you've, doesn't Organizations: European Union, CVs, Intelligence, EU, Insider Studios Locations: Canada

☆ Win over job candidates with these responsible AI best practices
▼ + stars: | 2024-02-12 | by ( Sponsor Post | Created Indeed With | ) www.businessinsider.com time to read: +8 min

When it comes to AI in hiring, there's a disconnect between how employers and job seekers view the technology. "Helping candidates understand where in the process their application will interact with AI tools is really useful." In Indeed's AI survey, 60% of job seekers expressed concern about bias in the data that trains employers' AI hiring systems. Avoid the resume black holeMany job seekers perceive AI tools as hyper-focused on keywords, ignoring a candidate's full story. Don't sacrifice the humanity of hiringA looming concern among job seekers is that using AI in hiring will replace the personal touch.

Persons: Donal McMahon, Hannah Calhoon, Alan Walker, haven't, Calhoon, McMahon, —, Walker, we're Organizations: Pew Research Center, Data, Fortune, Harvard Business School, ATS, Insider Studios

☆ This year's 10 top jobs, with some paying more than $100,000, according to Indeed
▼ + stars: | 2024-02-03 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +1 min

Indeed recently released its best jobs of 2024 list with roles such as loan officer and mental-health technician ranking top. The job site compiled the list by including jobs with a minimum salary of $75,000, with at least 10% of job postings referencing remote or hybrid work. AdvertisementThe careers site Ladders published a report in January that found the availability of hybrid jobs paying $100,000 or more plummeted by 69% by the end of 2023, while the availability of high-paying in-person roles surged by 93%. Mental-health jobs, such as mental-health therapist and psychiatric-mental-health nurse practitioner, dominated. One of the top jobs was loan officer, with an average salary of almost $200,000, and 75% of job listings mentioning remote or hybrid work.

☆ Why is it so hard to find a job right now despite low unemployment?
▼ + stars: | 2024-02-02 | by ( Tim Paradis | ) www.businessinsider.com time to read: +6 min

Vargas, a special education instructor, has been mired for months in various stages of interviews for three teaching jobs. Employers' hiring rate fell sharply in 2023, Zhao said. They'll often toss out some number around 40, he told BI. AdvertisementHitting the numbers on job applications is also a priority for Kevin Cash, who previously told BI he's applied to more than 1,200 jobs and has mostly been ghosted. She's accepted a part-time job and plans to teach private classes for students learning English as a second language.

Persons: —, Lynne Vargas, Vargas, Daniel Zhao, Cory Stahle, Zhao, Josh Bersin, Debbie Lovich, Lovich, Royal Siu, They'll, Siu, it's, Kevin Cash, They're, Jeff Calnan, Indeed's Stahle, Stahle, She's Organizations: Service, Business, Employers, Federal, BI, Boston Consulting Group, Navy, US Air Force Locations: Middletown , New York, Seattle, Woburn , Massachusetts

☆ One of 2024's 'best jobs' can pay over $200,000 and let you work remotely without a college degree
▼ + stars: | 2024-01-29 | by ( Morgan Smith | ) www.cnbc.com time to read: +1 min

You can earn upward of $200,000 working from the comfort of your own home — no bachelor's degree required — if you're willing to crunch some numbers. Loan officers claimed the No. The pay is great: The average salary for loan officers is $192,339, per Indeed's research. At least 75% of the listings for loan officers on Indeed's database have remote or hybrid options. Loan officers assist people and businesses in the process of applying for loans, evaluating financial documents and helping borrowers complete their applications.

Persons: Scott Dobroski, Banks Locations: U.S

☆ A Gen Z private-jet pilot shares what her job is like and why dating can be tough
▼ + stars: | 2023-11-23 | by ( Jordi Lippe-Mcgraw | ) www.businessinsider.com time to read: +7 min

The French-born pilot said she went from a novice flyer at 19 to a private-jet pilot making $60,000 in three years. It doesn't have to take years to become a private-jet pilotMarcus is a Gen Z private-jet pilot. Marcus worked for a year teaching flight lessons at a flight school in Tampa before she was offered a job as a private-jet pilot. AdvertisementThe schedule is 20 days on, 10 days offBeing a private-jet pilot is not a typical 9-to-5. Eva Marcus.

Persons: Eva Marcus, Marcus, she's, —, Eva Marcus Marcus, Eva Marcus The, She's, they're Organizations: Gulfstream, Service, Labor Statistics, Marriott Locations: Peru, South Korea, Florida, Tampa, France, Colombia, Lima , Peru, Caribbean, Denver, Tampa , Florida, Ohio

☆ Exclusive: ValueAct takes stakes in Recruit and Expedia, says they are poised for strong growth
▼ + stars: | 2023-11-15 | by ( Svea Herbst-Bayliss | ) www.reuters.com time to read: +3 min

The Recruit logo is displayed at its headquarters in Tokyo, Japan May 10, 2022. REUTERS/Mayu Sakoda/ Acquire Licensing RightsNEW YORK, Nov 15 (Reuters) - ValueAct Capital Management has bought stakes in job search site Indeed's parent Recruit Holdings (6098.T) and in online travel services provider Expedia Group (EXPE.O) and believes both are poised for strong growth. Recruit is valued at roughly $49 billion while Expedia has a market value of about $17 billion. ValueAct CEO Mason Morfit was invited onto Salesforce's board this year and the stock price has surged 64% since January. There was no mention of Recruit or Expedia.

Persons: Mayu, Expedia, ValueAct, Mason Morfit, Svea Herbst, Bayliss, Edwina Gibbs Organizations: REUTERS, ValueAct Capital Management, Recruit Holdings, Expedia, Reuters, Recruit, Microsoft, Danaher Corp, Roblox, Alarm.com Holdings, Svea, Thomson Locations: Tokyo, Japan, Austin , Texas, Expedia, Illumina

☆ Gen Z expect to change careers 3 times throughout their lives — once more than any other generation: survey
▼ + stars: | 2023-11-03 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +4 min

Gen Z workers expect to change careers three times in their lives. It found that 73% of Gen Z are not afraid to take a pay cut to pursue a more fulfilling career. AdvertisementAdvertisementGen Z workers are known for their job-hopping tendencies, and a new survey has found that they expect to change their careers at least three times over their lifetimes. It found that Gen Z plans to switch careers at least three times over their working life, which is once more than any other generation before them. Gen Z are more likely to prioritize their wellbeing and happiness than other generations.

Persons: —, Gen, Gen Z, X, Gen X, Kristen Buckheit, Zers, Oliver Wyman, they're, Z, doesn't, Nick Bunker, Jeff Hyman, Rockstars, they've Organizations: Resource Solutions, Service, Solutions, Boomers, Federal Reserve Bank of Atlanta, North America, Indeed's, New York Times Locations: Millennials, Chicago

☆ There's a 'radically different' wage growth forecast in 2024, says economist. What that means for you
▼ + stars: | 2023-10-30 | by ( Jared Mitovich | ) www.cnbc.com time to read: +4 min

In June, employers surveyed by consulting firm WTW said they were planning to increase salaries by about 4% in 2024, compared to 4.6% in 2023. Wage growth has 'come down pretty steadily'Employees are entering a tighter job market, which has affected wage predictions, said Terrazas. "We should expect less turnover to continue to tamp down wage growth in coming months," according to the report. At the current rate, Indeed's tracker forecasts posted wage growth to reach the 2019 average of 3.1% in late 2023 or early 2024. Wage growth has "come down pretty steadily" since that pandemic high, Indeed economist Cory Stahle said.

Persons: Scott Dalton, WTW, Mercer, LaCinda Glover, —, Cory Stahle, they've, Julia Pollak, Terrazas, Pollak Organizations: Workers, Bloomberg, Getty, Mercer, Employees Locations: Columbus , Texas

☆ How Indeed is using AI to better match employers and job seekers while keeping humans at the center of hiring
▼ + stars: | 2023-10-24 | by ( Sponsor Post | Created Indeed With Insider Studios | ) www.businessinsider.com time to read: +7 min

Embracing AI to create matchesThough AI has powered Indeed job searches from the very beginning, it's now matching employers and job seekers in new and exciting ways. When a job seeker views a posting, Indeed uses hundreds of millions of salary data points to estimate the pay for that job and helps the job seeker view how that pay matches their expectations. Indeed has spent the past two years building and fine-tuning an AI-powered job description generator that is incredibly simple and effective. Employers can specify pay, and our AI will compare that pay with local listings and job seeker preferences to recommend competitive pay ranges. This uses generative AI to automatically compose a personalized message to the job seeker, explaining why their job is right for them.

Persons: ChatGPT, Chris Hyams, it's, We're, we've, you'll, " Hyams Organizations: Insider Studios

☆ If you have one of these 10 jobs, AI has some of the skills to replace you
▼ + stars: | 2023-09-22 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +4 min

Here are 10 popular jobs with skills most replicable by AI, according to ChatGPT itself. The jobs site Indeed analyzed GPT-4's ability to perform skills required for these common jobs. About 20% of jobs were highly exposed — meaning the AI could perform at least 80% of the skills. The main takeaway: Some theoretical AI skills don't translate well when it comes to actually doing a job. AdvertisementAdvertisementAmong the 25 most common jobs, here are the 10 roles that were most exposed to generative AI, per Indeed.

Persons: Cory Stahle, Stahle, Sam Altman, GPT, ChatGPT, it's Organizations: Service Locations: ChatGPT, Wall, Silicon

☆ Indeed's CEO says college students might be learning skills that could go 'obsolete' once they graduate — all because of AI
▼ + stars: | 2023-09-22 | by ( Aaron Mok | ) www.businessinsider.com time to read: +4 min

Chris Hyams, the CEO of Indeed, says AI could make the skills college students learn 'obsolete.' AdvertisementAdvertisementThat could spell trouble for college students, he said. "With AI, it's conceivable that students might now find themselves learning skills in college that are obsolete by the time they graduate," Hyams wrote in the essay. For instance, Hyams said that Indeed's AI technology, which recommends opportunities to its site visitors, helps people get hired "every three seconds." AdvertisementAdvertisement"Despite the staggering innovation all around us, AI is still in its infancy," Hyams wrote.

Persons: Chris Hyams, Hyams, Fortune, it's Organizations: Service Locations: Wall, Silicon

☆ UK sees surge in interest from non-EU job hunters
▼ + stars: | 2023-08-21 | by ( David Milliken | ) www.reuters.com time to read: +3 min

Workers walk through the Canary Wharf financial district, ahead of a Bank of England decision on interest rate changes, in London, Britain, August 3, 2023. EU-based job seekers accounted for 1.4% of Indeed's UK job searches in June - down slightly from before Brexit - while non-EU interest has more than doubled to 4.1% of searches. The UK government phased out most EU nationals' unrestricted right to move to Britain to work after Brexit. Canada and Australia have seen foreign-origin job searches roughly double since 2019 to 10.9% and 17.2% of total job searches for those countries respectively, according to Indeed, which claims 330 million unique visitors each month. By contrast, the figures for overseas job hunters targeting the United States and the EU were 3.4% and 2.7% respectively, both barely changed from before the pandemic, according to Indeed.

Persons: Toby Melville, Pawel, Adrjan, David Milliken, Andy Sullivan Organizations: Bank of, REUTERS, European Union, EU, Bank of England, Thomson Locations: Bank of England, London, Britain, Europe, East, Africa, Brexit, India, Nigeria, South Africa, Pakistan, Canada, Australia, United States

☆ India job seekers aren't ready to return to the office — 2 in 3 say they value flexibility over pay
▼ + stars: | 2023-08-08 | by ( Goh Chiew Tong | ) www.cnbc.com time to read: +5 min

Workers in India are far from ready to return to the pre-pandemic days of working in an office, five days a week. In contrast, fewer job seekers (67%) consider the compensation offered for the job. According to Indeed, 6.5% of job postings on the platform in June explicitly mention phrases such as "work from home" or "remote work" in their job descriptions. Job seekers value clarity and communicationIn the midst of economic uncertainty, job seekers have been facing longer job interview processes as companies become more cautious with hiring. In addition, almost half of job seekers, or 48% surveyed, want to know the salary range from employers before applying for a role, Indeed added.

Persons: Sashi Kumar, Kumar, Josh Bersin Organizations: Workers, Employers, CNBC, Companies, Employees, Josh Bersin Company, AMS Locations: India

☆ More tech workers in India are moonlighting — despite their bosses’ disapproval
▼ + stars: | 2023-07-12 | by ( Goh Chiew Tong | ) www.cnbc.com time to read: +8 min

There are a range of reasons that are driving IT professionals to engage in moonlighting, according to Indeed India. Abhishek Software engineerBut his bosses are not aware of his plans, nor has he told them he is moonlighting. 'The root cause is the money'There are a number of reasons driving IT professionals to engage in moonlighting, according to Indeed India. Where employers disagreeHere's where employers disagree: moonlighting goes against the sense of loyalty a company wishes to instill into employees. IT services giant Wipro for example, fired 300 employees last year for allegedly "working for rival companies," according to local reports.

Persons: Sashi Kumar, Abhishek, he's, HackerRank, —, Moonlighting, Kumar, moonlighting, Indeed's Kumar, Viswanath Organizations: CNBC, India, Wipro, Infosys — Locations: India, Bangalore, U.S

☆ First there was quiet quitting. Now it's become grumpy staying.
▼ + stars: | 2023-06-28 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +4 min

Quiet quitting is getting louder as more unhappy workers are staying put. Welcome to grumpy staying, in which workers begrudgingly skate by in a tightening job market. Gallup's 2023 State of the Global Workplace report, which surveyed 122,416 workers across the world, found that 59% of employees are quiet quitting — and 18% are "loud quitting." Welcome to "grumpy staying," where workers don't have the leverage to quit, and some aren't too pleased about staying. Are you grumpy staying at your job?

Persons: —, Insider's Ashley Stewart, Stewart, Nela Richardson, hasn't Organizations: Service, Privacy, Workers, Microsoft, Gallup, ADP Locations: Salesforce

June 21 (Reuters) - Generative AI-related job postings in the United States jumped about 20% last month as companies look to harness a technology that has been widely touted as the next big growth driver, according to data from job portal Indeed. The May figure, at 204 per million job postings, was also more than double the 2021 level and underscored the buzz around AI, sparked by the runaway success of OpenAI's ChatGPT. Data scientist roles made up 5% of the AI job postings on Indeed's U.S. platform, while roles such as software engineer, machine learning engineer and data engineer were also in demand. Indeed's data showed that searches for generative AI jobs jumped to 147 per million total jobs searched in May from virtually zero a year earlier. Its U.S. website showed generative AI job listings from companies such as Meta Platforms (META.O), Apple (AAPL.O), Tiktok, Pinterest (PINS.N) and Amazon.com (AMZN.O).

Persons: OpenAI's, Nick Bunker, Chavi Mehta, Anil D'Silva Organizations: U.S, Amazon.com Inc, Apple, Reuters, Thomson Locations: United States, Bengaluru

☆ The role of the CMO is changing. Here's what 6 experts had to say about marketing amid increased social awareness and new tech.
▼ + stars: | 2023-06-20 | by ( Michael Kaminer | ) www.businessinsider.com time to read: +11 min

This article is part of CMO Insider, a platform that explores how the role of chief marketing officer is evolving. High tech rules, but traditional media still matters, CMOs sayEven with the dominance of social platforms and the emergence of AI, traditional media still plays a key role for brands. "We rely on traditional media for content whose audiences are still engaging that way, whether it's out-of-home or broadcast. In hospitality, "traditional media still plays a huge role," said Accor's Schellenberger. 1 KPI is building awareness, traditional media is still the best way to do it, along with other digital media tools."

Persons: Ewan McIntyre, it's, Alex Schellenberger, Marian Lee Dicus, Kimberly Whitler, Jessica Jensen, Jensen, Colin Kaepernick, hasn't, Marian Lee, I'm, Whitler, Jonathan Adashek, IBM's, Adashek, ChatGPT, Somebody's, Schellenberger, Netflix's, Indeed's Jensen, Accor's, there's, Dicus, Charlotte, Gartner's McIntyre Organizations: Marketing, Accor, University of Virginia's Darden School of Business, Nike, Netflix, IBM, Research Locations: Paris, jobseekers, Germany

☆ Here are the top skills you will need for an 'A.I.-powered future,' according to new Microsoft data
▼ + stars: | 2023-05-09 | by ( Goh Chiew Tong | ) www.cnbc.com time to read: +5 min

Working alongside artificial intelligence will be "as inherent" as how we work with the internet — and employees need to equip themselves with skills for this new future, said Microsoft. Working alongside artificial intelligence will be "as inherent" as how we work with the internet — and employees need to equip themselves with skills for this new future. AI skill sets leaders think employees will needAccording to Microsoft, 82% of leaders globally and 85% of leaders in Asia Pacific said employees will need new skills in an "AI-powered future." The report found that the three top skills that leaders believe are essential are analytical judgment, flexibility and emotional intelligence. These are skills that are "new core competencies," added Microsoft, not just for technical roles or AI experts.

☆ The 10 best entry-level jobs that don't require a college degree and their starting salaries
▼ + stars: | 2023-04-18 | by ( Madison Hoff | ) www.businessinsider.com time to read: +3 min

Indeed analyzed different jobs that don't have a four-year degree requirement, along with other requirements. To find the best entry-level jobs that don't need a degree, Indeed looked at occupations that don't have a four-year college degree requirement, want zero to three years of experience per job descriptions, and pay over $40,000 a year. "In general, for the entry-level jobs that don't require a degree, we did see a little bit of a pattern with a demand for technical skills," Kristen Shah, a career expert at Indeed, told Insider. "This job has an average annual salary of $59,000, and we did find 189% job share percentage increase." Below are the best entry-level jobs that don't usually need a four-year degree based on the jobs that were included in Indeed's methodology.

☆ The 10 best jobs for new college graduates and their average starting salaries
▼ + stars: | 2023-04-15 | by ( Madison Hoff | ) www.businessinsider.com time to read: +3 min

Indeed used salary information, job demand, work experience, and degree requirements to find the best jobs for graduates. "Sales is always going to be a job that's in demand to meet" a company's needs to make money, per career expert Kristen Shah. This sales job, according to Indeed, performs sales duties with different customers via face-to-face. "As we look at things like supply chain management, jobs in that sector are definitely growing in demand." The following are the 10 jobs that made the top of Indeed's list, ranked by the change in the share of job postings.

☆ Job search platform Indeed to cut 2,200 jobs
▼ + stars: | 2023-03-22 | by ( ) www.reuters.com time to read: +1 min

March 22 (Reuters) - U.S.-based job search platform Indeed said on Wednesday it will cut about 2,200 jobs, or 15% of its workforce, joining a host of companies rationalizing their labor force following a pandemic-fueled hiring boom. Chief Executive Chris Hyams, who will take a 25% cut in base pay, said future job openings in general were at or below pre-pandemic levels and that the company was too large. Meta Platforms Inc (META.O) and Amazon.com Inc (AMZN.O) have announced a second round of layoffs as they look to cut costs. Indeed's revenue from human resource technology will decline in fiscal 2023 and 2024, Hyams said, adding that U.S. job openings will likely fall to pre-pandemic levels of 7.5 million or even lower in the next two to three years. Reporting by Akash Sriram in Bengaluru; Editing by Sriraj Kalluvila and Shounak DasguptaOur Standards: The Thomson Reuters Trust Principles.

Search resuls for: "Indeed's"

25 mentions found