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.

  • @QuarterSwede
    link
    21 year ago

    We are social animals after all. Networking will never go away for that reason. My best hires/promotions were people I already knew the strengths and opportunities of. The odds of getting a quality candidate are much higher if you already have a relationship with them.