71% of Hiring Managers Predict Text-Based Resumes Will Become Obsolete
73%
In a recent survey by workplace management firm Robin, 73% of employees highlighted feeling more connected to their company when working in the office with colleagues. This underscores the importance of face-to-face interactions for fostering workplace relationships. Moreover, 76% cited a lack of necessary equipment as a barrier to productivity, emphasizing the need for companies to provide essential resources for effective workdays.
71%
In the realm of talent acquisition, a seismic shift is on the horizon as hiring managers anticipate the imminent demise of traditional résumés. A staggering 71% foresee the obsolescence of text-based CVs within the next five years, according to a recent report from Canva. This pivotal change prompts reflection on the efficacy of current hiring practices and underscores the need for a paradigm shift towards skills-based recruitment strategies.
11.8M
McKinsey's speculation suggests that as many as 11.8 million workers might require new jobs by 2030 due to AI's impact on the labor market. However, IBM's CHRO, Nickle LaMoreaux, believes this anxiety is exaggerated, emphasizing that AI will augment existing roles rather than lead to mass job loss. LaMoreaux highlights the importance of preparing for job changes brought about by AI, rather than fearing outright job displacement.
211,250
Amidst the ongoing economic landscape, the latest report from the Labor Department unveils a positive trend: unemployment benefit applications in the United States have slightly declined to 210,000. This dip signals ongoing strength within the job market, further bolstered by a four-week average of 211,250, underscoring a sense of stability in employment conditions.
86%
In the realm of corporate trust, PwC's 2024 Trust Survey reveals a stark disconnect between executive perception and employee reality. With 86% of business leaders expressing confidence in high employee trust, the contrast is palpable against the backdrop of only 67% of employees sharing this sentiment. This significant 18-point gap prompts a deeper exploration into the dynamics of trust within organizations.