Brian Calley President and Chief Executive Officer at Small Business Association of Michigan | LinkedIn
Brian Calley President and Chief Executive Officer at Small Business Association of Michigan | LinkedIn
More companies are prioritizing skills over degrees in hiring practices, impacting how employers select candidates and how individuals prepare for jobs. Traditionally, a college degree was essential for securing a good job, particularly in office or tech-related fields. It signified knowledge, commitment to long-term goals, and learning capability. However, employers are now recognizing that a degree does not always equate to job readiness.
The rapid pace of technological advancement is a significant factor driving this change. New tools and methods constantly emerge, requiring workers who can adapt quickly. A college education may not cover the latest programs or practical skills needed in modern roles, especially in fast-evolving industries like tech, marketing, and design.
Additionally, the growing demand for workers across various sectors prompts companies to consider candidates beyond those with degrees. By focusing on skills acquired through online courses, bootcamps, community colleges, or on-the-job experience, employers can identify suitable candidates more efficiently.
A 2023 LinkedIn survey found that 75% of hiring managers believe skills-based hiring will significantly influence the future of work. Leading companies such as Google, IBM, and Tesla have already removed degree requirements from many positions to prioritize actual job performance over educational background.
This shift promotes fairness in the job market by offering opportunities to those who cannot afford college or have taken different life paths. Evaluating candidates based on their abilities rather than resume credentials allows more people to succeed and encourages continuous learning and skill development.
Ultimately, skills-based hiring benefits both companies and job seekers by ensuring better-prepared employees and providing multiple avenues for individuals to demonstrate their value. As this trend gains momentum, it could transform perceptions of education and career-building requirements.
"By Emily Price," courtesy of SBAM-approved partner ASE.
Click here for more News & Resources.
Alerts Sign-up