For decades, a bachelor's degree has been considered a golden ticket to a successful career. However, the tides are quickly turning. Faced with a skills gap and a desire for a more diverse workforce, many businesses and companies are rethinking their hiring practices, resulting in many dropping the requirement of a bachelor’s degree for many open positions.
In recent years, companies have stopped requiring a bachelor's degree to apply to many roles. There are several reasons why and how to shift towards more skill-based hiring.
DEGREE INFLATION
A long-time trend in recruiting, is being addressed, as many jobs that traditionally required a first degree simply don't necessitate those specific academic qualifications. Employers are recognizing that skills, experience, and certifications can be just as, if not more, valuable indicators of an applicant's ability to succeed in a role.
For candidates, skills-based hiring creates a more level playing field overall. Individuals with relevant skills and experience obtained through non-traditional means now have a greater chance of landing their dream job. This can also be beneficial for often-overlooked groups, including:
Under-priviledged: University degrees are expensive to obtain and often out of reach for individuals from disadvantaged backgrounds – filtering candidates by college degree eliminates.
Non-traditional educational backgrounds: Those who attended coding boot camps, obtained professional certifications, or possess strong on-the-job experience can have their skills recognized.
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