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6 in 10 Job Seekers Say Their Applications Go Unseen by Humans

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2 years ago

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New report from MyPerfectResume shows frustration mounting as workers lie on applications, apply outside their Industry and feel invisible.

GUAYNABO, Puerto Rico, March 3, 2025 /PRNewswire-PRWeb/ — The job search landscape is tougher than ever, and digital hiring systems leave applicants feeling frustrated and unseen. A new survey from MyPerfectResume®, a leading resource for resume and career advice, reveals that 59% of job seekers believe less than a quarter of their applications are reviewed by a human, highlighting growing frustration with Applicant Tracking Systems (ATS).

The Job Search Behavior report, based on insights from over 1,000 U.S. workers who reported job seeking in the last 12 months, highlights the frustrating reality of job searching today. Twenty-seven percent admit to lying on their applications, 42% are applying to jobs they’re overqualified for, and 71% are venturing outside their industry in hopes of getting hired.

Key Findings:

Six out of ten (58%) workers think a recruiter sees fewer than 25% of their applications.Only 1 in 5 believe the majority of their applications ever reach a human recruiter.27% have lied on their applications out of desperation.71% have applied to jobs outside their industry, struggling to find relevant roles.42% have applied to jobs they are overqualified for and are willing to settle just to secure employment.

Desperation Driving Risky Job Search Behaviors
With opportunities feeling out of reach, job seekers are taking bold risks:

27% are lying on resumes or applications to increase their chances.71% are casting a wider net by applying outside their industry despite lower success rates.42% are willing to take roles beneath their qualifications to avoid prolonged unemployment.

ATS Systems Create a “Black Hole” for Applications
The perception that applications vanish into a digital void is on the rise:

31% believe less than 10% of their applications are seen by a human.Another 28% think only 11-25% are reviewed, reflecting deep skepticism about ATS efficiency.Less than 1 in 5 (19%) think over half of their applications reach a recruiter.

Quick-Apply Tools Fall Short of Expectations
Despite promises of simplicity and speed, LinkedIn’s “Easy Apply” and other quick-apply features are failing job seekers:

41% have never secured an interview through quick-apply options.Only 10% report repeated success using these tools.19% avoid quick-apply altogether, doubting its effectiveness.

Career Changes and Overqualification: The New Normal
The competitive job market is pushing applicants to take unconventional paths:

71% have applied to jobs outside their previous industry, but only 24% have managed to switch successfully.42% are overqualified for roles they apply to, willing to downgrade their career trajectory just to get a job.

“The rise of ATS and quick-apply features were supposed to make job searching easier, but applicants are feeling more disconnected and less confident that their efforts are being seen,” said Jasmine Escalera, career expert at MyPerfectResume. “With ATS systems increasingly filtering applications before any human review, job seekers need to adapt their strategies by optimizing resumes for keyword relevance to improve their chances of getting noticed.”

For the complete State of Job Searching Survey report and additional insights, please visit https://www.myperfectresume.com/career-center/careers/basics/job-search-behavior or contact Nathan Barber at nathan.barber@bold.com.

Survey Methodology
The findings were obtained by surveying 1,000 U.S. job seekers on February 5, 2025. The Pollfish survey used a mix of multiple-choice and scale-based questions to assess job application experiences, challenges, and perceptions about hiring processes. In order to qualify for the survey, the respondent had to have reported job searching within the last 12 months.

About MyPerfectResume
MyPerfectResume is the leading resource for resume advice and expert customer care to help professionals elevate their careers with the perfect resume. Created to take the hassle out of resume-writing, the user-friendly program offers professionally crafted templates, expert tips, step-by-step guidance, and valuable career advice to effortlessly create an outstanding resume, CV, and cover letter. Since 2013, MyPerfectResume has helped more than 15 million job seekers create their perfect resumes and has been featured in Forbes, CNBC, and more. Stay connected with MyPerfectResume’s latest updates on Facebook, LinkedIn, and X.

Media Contact

Nathan Barber, MyPerfectResume, (206) 900-2989, nathan.barber@bold.com, https://www.myperfectresume.com/

View original content:https://www.prweb.com/releases/6-in-10-job-seekers-say-their-applications-go-unseen-by-humans-302389263.html

SOURCE MyPerfectResume

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Eqvista Launches Company-Sponsored Tender Offers, Expanding Private Market Liquidity Capabilities

Published

27 minutes ago

on

October 19, 2026

By

New tender offer capabilities connect equity management with real-time valuation data covering approximately 65,000 private companies with a combined estimated value of $9 trillion, laying the groundwork for future secondary marketplace capabilities.

SAN FRANCISCO, Oct. 19, 2026 /PRNewswire/ — Eqvista, a leading equity management and valuation platform serving more than 25,000 companies, today announced the launch of company-sponsored tender offer capabilities, enabling private companies to organize structured liquidity events directly within their equity management platform. The launch also marks a step toward Eqvista’s planned secondary marketplace capabilities.

As companies stay private longer, employees and early investors face limited opportunities to sell their shares. Meanwhile, organizing liquidity events involves complex decisions around pricing, participant eligibility, approvals, and ownership changes.

Eqvista brings these processes together through a company-controlled tender offer workflow, supported by its equity management infrastructure and Eqvista Real-Time Company Valuation® technology.

“With Eqvista, private companies can help their employees and early investors turn their shares into cash, rewarding them for their contributions to the company,” said Tomas Milar, Founder and CEO of Eqvista. “We already help companies manage ownership and understand their value. Bringing tender offers into the same platform is a natural next step toward connecting equity management, valuation, and liquidity.”

Company-Controlled Tender Offers

Eqvista’s new capabilities allow companies to manage tender offers while maintaining control over participation, transaction terms, and ownership changes.

Key features include:

Cap table integration: Automatically record completed ownership changes.Participant controls: Define eligible buyers and sellers and offer windows.Allocation rules: Set transaction limits, pro rata allocations, and priorities.Integrated approvals: Manage approval requirements and rights of first refusal.Valuation-informed pricing: Reference Eqvista Real-Time Company Valuation® data when evaluating transaction pricing.

By integrating these processes, Eqvista aims to reduce the administrative complexity of organizing liquidity events while helping companies maintain control over their shareholder base.

Building Toward a Secondary Marketplace

Building on its company-sponsored tender offer capabilities, Eqvista plans to expand into secondary marketplace infrastructure designed to support structured, company-approved liquidity programs. By connecting ownership records, real-time valuation data, and private share transactions within one platform, Eqvista aims to make private market liquidity more accessible while allowing companies to maintain control over participation and ownership changes. Further details will be announced as development progresses, subject to applicable regulatory requirements.

Learn more about Eqvista’s Company-Sponsored Tender Offers.

About Eqvista

Eqvista is an equity management and valuation platform building infrastructure for private markets. Trusted by more than 25,000 companies worldwide, Eqvista combines equity management, in-house valuation expertise, and AI-powered technology to help private companies manage ownership and understand their value. Eqvista Real-Time Company Valuation® technology covers approximately 65,000 U.S. private companies representing an estimated $9 trillion in combined value.

Contact Information
Jakub Vele
Head of Marketing
424978@email4pr.com
+1 (415) 375-4963

View original content to download multimedia:https://www.prnewswire.com/news-releases/eqvista-launches-company-sponsored-tender-offers-expanding-private-market-liquidity-capabilities-302911472.html

SOURCE Eqvista

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Eqvista Launches Company-Sponsored Tender Offers, Expanding Private Market Liquidity Capabilities

Published

27 minutes ago

on

October 19, 2026

By

New tender offer capabilities connect equity management with real-time valuation data covering approximately 65,000 private companies with a combined estimated value of $9 trillion, laying the groundwork for future secondary marketplace capabilities.

SAN FRANCISCO, Oct. 19, 2026 /PRNewswire/ — Eqvista, a leading equity management and valuation platform serving more than 25,000 companies, today announced the launch of company-sponsored tender offer capabilities, enabling private companies to organize structured liquidity events directly within their equity management platform. The launch also marks a step toward Eqvista’s planned secondary marketplace capabilities.

As companies stay private longer, employees and early investors face limited opportunities to sell their shares. Meanwhile, organizing liquidity events involves complex decisions around pricing, participant eligibility, approvals, and ownership changes.

Eqvista brings these processes together through a company-controlled tender offer workflow, supported by its equity management infrastructure and Eqvista Real-Time Company Valuation® technology.

“With Eqvista, private companies can help their employees and early investors turn their shares into cash, rewarding them for their contributions to the company,” said Tomas Milar, Founder and CEO of Eqvista. “We already help companies manage ownership and understand their value. Bringing tender offers into the same platform is a natural next step toward connecting equity management, valuation, and liquidity.”

Company-Controlled Tender Offers

Eqvista’s new capabilities allow companies to manage tender offers while maintaining control over participation, transaction terms, and ownership changes.

Key features include:

Cap table integration: Automatically record completed ownership changes.Participant controls: Define eligible buyers and sellers and offer windows.Allocation rules: Set transaction limits, pro rata allocations, and priorities.Integrated approvals: Manage approval requirements and rights of first refusal.Valuation-informed pricing: Reference Eqvista Real-Time Company Valuation® data when evaluating transaction pricing.

By integrating these processes, Eqvista aims to reduce the administrative complexity of organizing liquidity events while helping companies maintain control over their shareholder base.

Building Toward a Secondary Marketplace

Building on its company-sponsored tender offer capabilities, Eqvista plans to expand into secondary marketplace infrastructure designed to support structured, company-approved liquidity programs. By connecting ownership records, real-time valuation data, and private share transactions within one platform, Eqvista aims to make private market liquidity more accessible while allowing companies to maintain control over participation and ownership changes. Further details will be announced as development progresses, subject to applicable regulatory requirements.

Learn more about Eqvista’s Company-Sponsored Tender Offers.

About Eqvista

Eqvista is an equity management and valuation platform building infrastructure for private markets. Trusted by more than 25,000 companies worldwide, Eqvista combines equity management, in-house valuation expertise, and AI-powered technology to help private companies manage ownership and understand their value. Eqvista Real-Time Company Valuation® technology covers approximately 65,000 U.S. private companies representing an estimated $9 trillion in combined value.

Contact Information
Jakub Vele
Head of Marketing
424978@email4pr.com
+1 (415) 375-4963

View original content to download multimedia:https://www.prnewswire.com/news-releases/eqvista-launches-company-sponsored-tender-offers-expanding-private-market-liquidity-capabilities-302911472.html

SOURCE Eqvista

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Technology

Eqvista Launches Company-Sponsored Tender Offers, Expanding Private Market Liquidity Capabilities

Published

27 minutes ago

on

October 19, 2026

By

New tender offer capabilities connect equity management with real-time valuation data covering approximately 65,000 private companies with a combined estimated value of $9 trillion, laying the groundwork for future secondary marketplace capabilities.

SAN FRANCISCO, Oct. 19, 2026 /PRNewswire/ — Eqvista, a leading equity management and valuation platform serving more than 25,000 companies, today announced the launch of company-sponsored tender offer capabilities, enabling private companies to organize structured liquidity events directly within their equity management platform. The launch also marks a step toward Eqvista’s planned secondary marketplace capabilities.

As companies stay private longer, employees and early investors face limited opportunities to sell their shares. Meanwhile, organizing liquidity events involves complex decisions around pricing, participant eligibility, approvals, and ownership changes.

Eqvista brings these processes together through a company-controlled tender offer workflow, supported by its equity management infrastructure and Eqvista Real-Time Company Valuation® technology.

“With Eqvista, private companies can help their employees and early investors turn their shares into cash, rewarding them for their contributions to the company,” said Tomas Milar, Founder and CEO of Eqvista. “We already help companies manage ownership and understand their value. Bringing tender offers into the same platform is a natural next step toward connecting equity management, valuation, and liquidity.”

Company-Controlled Tender Offers

Eqvista’s new capabilities allow companies to manage tender offers while maintaining control over participation, transaction terms, and ownership changes.

Key features include:

Cap table integration: Automatically record completed ownership changes.Participant controls: Define eligible buyers and sellers and offer windows.Allocation rules: Set transaction limits, pro rata allocations, and priorities.Integrated approvals: Manage approval requirements and rights of first refusal.Valuation-informed pricing: Reference Eqvista Real-Time Company Valuation® data when evaluating transaction pricing.

By integrating these processes, Eqvista aims to reduce the administrative complexity of organizing liquidity events while helping companies maintain control over their shareholder base.

Building Toward a Secondary Marketplace

Building on its company-sponsored tender offer capabilities, Eqvista plans to expand into secondary marketplace infrastructure designed to support structured, company-approved liquidity programs. By connecting ownership records, real-time valuation data, and private share transactions within one platform, Eqvista aims to make private market liquidity more accessible while allowing companies to maintain control over participation and ownership changes. Further details will be announced as development progresses, subject to applicable regulatory requirements.

Learn more about Eqvista’s Company-Sponsored Tender Offers.

About Eqvista

Eqvista is an equity management and valuation platform building infrastructure for private markets. Trusted by more than 25,000 companies worldwide, Eqvista combines equity management, in-house valuation expertise, and AI-powered technology to help private companies manage ownership and understand their value. Eqvista Real-Time Company Valuation® technology covers approximately 65,000 U.S. private companies representing an estimated $9 trillion in combined value.

Contact Information
Jakub Vele
Head of Marketing
424978@email4pr.com
+1 (415) 375-4963

View original content to download multimedia:https://www.prnewswire.com/news-releases/eqvista-launches-company-sponsored-tender-offers-expanding-private-market-liquidity-capabilities-302911472.html

SOURCE Eqvista

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