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.
Yet another reason to justify lower wages. This is right up there with “unskilled labor”.
This is exactly my suspicion. “Not enough workers!” (willing to slave away for poverty wages), so now they’re gambling that they can just hire and train anyone (and meet their arbitrary wage goals). May these businesses cease to exist.
My employer falls under one of these companies that used to require a degree for every position and has now relaxed that and they do pay several pay grades less along with hiring a bunch of temps instead of official employees.