The Shift Away from College Degrees in Employment
Dan Schawbel
LinkedIn Top Voice, New York Times Bestselling Author, Managing Partner of Workplace Intelligence, Led 80+ Workplace Research Studies
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In recent years, a notable trend has emerged in the hiring practices of various industries: an increasing number of employers are reevaluating the necessity of requiring job seekers to possess college degrees. A recent study found that 45% of employers have already removed the college degree requirement for certain roles and 72% prioritize candidates’ skills and experience over degrees. This shift is driven by several factors, including the evolving nature of work, the rise of alternative education pathways, the skills shortage, and a growing recognition of the importance of diverse skill sets.
While the trend of employers moving away from strict college degree requirements can bring several positive aspects, there are also potential downsides and challenges associated with this shift that shouldn’t be overlooked. It's important to acknowledge that these downsides may vary depending on the industry, job roles, and specific circumstances. Entry-level positions often rely on educational qualifications to assess a candidate's foundational knowledge and ability to learn. Removing degree requirements for these roles may result in increased competition, making it challenging for employers to differentiate candidates based on educational backgrounds. This could lead to greater reliance on other indicators, potentially overlooking promising candidates who lack formal education but possess relevant skills.
Without a college degree requirement, employers may face challenges in establishing standardized criteria for evaluating candidates. Degrees often serve as a common benchmark, providing a consistent level of education and skills. In the absence of this standard, employers may need to invest more time and resources in assessing alternative credentials, potentially leading to inconsistencies in candidate evaluation. Additionally, moving away from degree requirements may lead to increased emphasis on work experience as the primary qualification. This could disadvantage individuals, such as recent graduates or career changers, who may not have extensive professional experience but possess valuable skills and potential.?
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In today’s competitive job market, the upside of employers expanding their pool to hire non-degree holders has more benefits than drawbacks. Today, I explore the reasons behind the departure from the traditional requirement of a college degree in employment, examining the implications for both employers and job seekers.
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Fraud Prevention Specialist @ Citi | Call Logging, ADP E-Time, call etiquette, investigations Fraud Early Warning Cards @ Citi | Fraud prevention, customer service
5 个月I have been doing fraud prevention in some way since 2011 and is currently all that I know. I have a variety of skill sets in that area, but recently have lost my job after nearly 19 years of service. I am willing to even learn a trade at this point, but almost everyone requires a college degree that I do not have the money for. It is going to be very difficult for me as I am nearing the "retirement age", only ten years to go, and I still need employment that is engaging, paying well and with benefits close to what I am used to. I have teaching experience from teaching Sunday school, but no degree. I have basic computer experience with basic knowledge of Outlook, Excel, Word, Edge and Google applications due to all of the research criteria that I have been using since 2011. I am disheartened because I feel that it now counts for nothing, even though 8 years of experience in any field is supposedly equal to a Bachelor's Degree. I am still hopeful. Anyone looking for a fraud analyst who is good with children between the ages of 8 and 12? ??
Workforce Enrollment Specialist
10 个月Great insights here -- a college degree needs to be very focused on what you want to achieve such as become an attorney, nurse, psychologist, ect.. Gone are the days of just going to school in order to find out what you would like to major in. Not only is it too costly to do this, but employers are seeking candidates with actionable skills, strong portfolios, recommendations, and proven results.
Thank you for sharing Dan. I've just subscribed to your newsletter! We are hosting a webinar on Thursday exploring Alternative Credentials from the student's perspective, for those interested! https://www.dhirubhai.net/posts/straighterline_highered-workforce-activity-7153052363728031744-BFBq?utm_source=share&utm_medium=member_desktop
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10 个月Congratulation??
Experimental designer at EEL - EXTRAORDINARY EXPERIMENTAL LABORATORY
10 个月university qualifications are no longer to do with academic qualities they have narrowed down to training - the work place is more dynamic requiring versatility and ability to adapt to a changing role - they have been reluctant to change - hopefully we will se less dependance on paper qualifications that produce sameness in young people -