What industry do you work in and what is your role?
What are your responses in your role / position?
Can you describe to the function of your workplace / company?
How many departments, how many offices. National or International?
What are the minimum requirements for employment ie Education or Experience?
How many opportunities are there to ‘move up the ladder’?
What is the process for changing job roles ie Interview? Test?
————————————————– —— ——————————————————General discussion about your workweek:
Current projects? Deadlines? Opportunities?
Anything of interest happening?
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1.
As companies enter a fiercewar for talent, they have one simple tacticat their disposal that could help unlock vast pools of potential talent: eliminate the degree requirement for open jobs.
2.
In the years prior to the pandemic, blue-chip companies like Apple, Google, IBM and Bank of America turned heads with announcements that they would no longer require applicants for certain jobs to hold a degree, including for such posts as senior manager of finance.
3.
But a few years after their announcements, these companies are mainly still notable for being the exceptions to the rule in a sea of employer degree requirements that have held back students, society and the companies themselves. Despite the headlines, the college-degree stranglehold had actually been growing in recent years.
If it were possible to reach the position that you are currently without a university degree would you have still gone to university? Please discuss
4.
Degree inflation is the practice of requiring college degrees for positions that formerly did not require them. According to research from the Harvard Business School, 6.2 million workers were at risk thanks to degree inflation, “meaning their lack of a bachelor’s degree could preclude them from qualifying for the same job with another employer.”
5.
The practice comes with significant costs, according to that same study. College graduates who fill roles that formerly did not require a degree earn higher salaries, leave their jobs more often, are less engaged and do not produce more than employees in the same role who lack a degree. Yet many employers use college degrees as a screen to help them sort through voluminous numbers of job applications, even when the credential does not relate to how an individual performs in the job.
6.
The power of the degree made some sense in years past. When hiring, employers look for signals of ability, experience, character and personality fit. For people without experience, employers default to reading the signals their educational credentials provide. If someone doesn’t have a college degree, society has assumed that prospective employee to be of lesser quality than someone who does.
Imagine your goal was to become and engineer and you were faced with 2 options – to study engineering in a university (and then apply to various companies) OR join an engineering company as a trainee and be trained ‘in-house’. Which would you choose and why?
7.
Years ago, when colleges were the only place to learn higher-level knowledge, develop corresponding critical-thinking skills and join powerful social networks, this arrangement had sufficiently few false negatives. In other words, few hyper-talented people chose not to go to college.
8.
But universities no longer have a monopoly on providing access to knowledge, skills and a network. The Internet, online learning and social media have changed that. Indeed, forward-thinking companies are not just waiving degree requirements, but they are leaning into providing education and training themselves to recruit and upskill promising talent.
