New AI Tools on LinkedIn Resulted in 40% Higher Acceptance Rate and 10% Faster Responses

40%

LinkedIn introduced AI-powered features like AI-generated writing assistance and a bot assistant for premium users to enhance profiles and job searches. For recruiters, new AI tools on LinkedIn Recruiter include AI-assisted InMail messages, which saw a 40% higher acceptance rate and 10% faster responses. Additional features include an AI-driven job description writer and a natural language search tool. LinkedIn, which has developed its AI since 2007, continues to expand its AI capabilities, including job match assessments and AI chats in LinkedIn Learning.

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A new report by Nick Bloom of Stanford's Institute for Economic Policy Research stated that hybrid working does not impact employee or firm performance, this research involves 1,612 employees at Trip.co. The study found that 395 managers shifted from seeing hybrid work as a -2.6% productivity detriment to a +1.0% benefit. Trip extended the policy to all employees, noting it saves $20,000 per quit, reducing attrition by one-third and improving job satisfaction.

55%

Underway labor market challenges resolved recruitment issues from 83% in 2022 to 55% in 2024, and retention challenges fell from 66% to 41%. A March/April 2024 survey found that 15% of HR leaders with flexible work reported retention issues, compared to 45% with mandatory on-site work. Hybrid work improved talent attraction for about 8 in 10 HR leaders, with job satisfaction and work-life balance also seeing significant gains.

46%

North American tech workplaces are lagging in adapting to flexible schedules, according to a report by Hassell and Density. Analyzing 1.4 million square feet of workspace from May 2023 to May 2024, average peak utilization was only 34%, with up to $40 million wasted annually on underused space. At workplaces where employees choose their schedules, 50% of the in-office time is spent in meetings, compared to 29% with a three-day policy and 23% with a two-day policy. Shifting from flexible to mandatory three-day hybrid policies raised peak utilization from 29% to 46%.

80%

More than 80% of Gen X employees believe employers should help with retirement security, according to a Natixis Investment Managers Survey of 8,550 investors in 23 countries. The survey found that 60% of Gen X employees expect to work longer, as 82% acknowledge retirement funding is their responsibility. However, 47% worry they won't be able to work long enough due to potential late-career layoffs or personal illness. 83% of Gen X employees think employers should offer pensions or enhance defined contribution plans, with 75% wanting value-reflective investments and 67% seeking professional investment advice.