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.
As a recipient of something similar…I agree, but I wish it wasn’t that way. I got my current gig 2 years ago and just got a promo to senior with a sizeable pay raise and bonus. I work remote and out of state from a zero income tax state while keeping my HCOL pay scale.
I think I could go higher, but I’m against the same thing that is helping me out in my current position.