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.
Only way to get a job nowadays is by personally knowing the management or boss, good ol’ nepotism…
To me, that’s basically what networking is in a nutshell
That’s not nepotism, it’s networking. Nepotism is getting the job by being the boss’ kid. It’s also the reason why degrees/diplomas with a co-op or internship component are valuable. As a co-op, you’re a low-risk/low-cost hire and the manager can evaluate your skills and get to know you. Come graduation, if you did a good job, you can reach out to those managers and have a much better chance at getting hired.