Employers across a range of industries are dropping a job requirement once considered a ticket to a higher paying job and financial security: a college degree.
Today’s tight labor market has led more companies instead to take a more skills-based approach to hiring, as evidenced on job search sites like Indeed and ZipRecruiter.
“Part of it is employers realizing they may be able to do a better job finding the right talent by looking for the skills or competencies someone needs to do the job and not letting a degree get in the way of that,” Parisa Fatehi-Weeks, senior director of environmental, social and governance (ESG) for hiring platform Indeed told CBS MoneyWatch.
I’ve worked with some horribly incompetent phds (and some excellent ones), the paper alone only tells you they managed to finance and dedicate years to something, not that they have strong skills.
This is so true. However, I have worked with some amazing employees that only had a GED equivalent as well (and some bad ones).