1/13/2023 0 Comments Choosy job seekersThese roles typically don’t require a college education as long as the candidate has something more than a high school diploma. While millions of Americans are either underemployed or don’t have a job at all, the Harvard study shows that one in three employers struggle to fill middle-skill positions. Over the years, many analysts reviewed the trends trying to make sense of the context in which degree inflation takes place in today’s labor market. On the other hand, degree inflation is not a new phenomenon.Īs the researchers shed more light on the phenomenon, it becomes clear that the context of modern degree inflation is unusual. Yet, when you think of it, two-thirds of new openings require one. Currently, only 16% of people in these positions have a bachelor’s degree. These are jobs that require more skill than a strong educational background.Ī good example of the changes in the requirements relates to production supervisors. This study revealed that the requirements typically apply to middle-skill jobs that aren’t professional careers. Professor Joseph Fuller calls this tendency degree inflation. In doing so, employers close doors on people with relevant experience in favor of university graduates. So, it’s now common for hiring managers to demand bachelor’s degrees for positions that previously didn’t need one. Degree inflationĪccording to a study conducted by Harvard Business School Professor Joseph Fuller, many employers raised the bar by revising job requirements upwards. There are other things like experience on successful projects. You should remember that companies aren’t only looking for skills. I’ve also noticed that the laundry-list trend is resulting from the rise in freelancing. Such arrangements can last for many months. Some companies are even willing to rely on external consultants until the right person comes along. It’s also common for hiring managers to avoid signing anyone requiring training or retraining. On the other hand, some companies are looking for the perfect candidate because the position comes with top-dollar perks.Īnother issue is that companies are asking for more from new employees to enhance the chances of finding committed professionals who stay with the same organization for longer. So, expect employers to become choosy if you’re looking for a job opportunity in critical areas. Picky hiring managers want employees capable of helping drive innovation and growth in a cutthroat business world. To make the matters worse, the tech space evolves at a lightning pace. Companies of varying sizes may become picky due to the tighter competition. Information technology is undoubtedly one of the fields that employers tend to raise the bar. Because of this, the positions often remain vacant because most applicants don’t meet the requirements. Sometimes, it becomes difficult to fill the positions, owing to the somewhat lofty requirements. Although there’s nothing unusual about lengthy skill requirements, some employers go overboard.Īn ever-increasing number of hiring managers use the list to find the perfect candidate. It’s too common to see a long laundry list of skills and other requirements in job adverts. Many job seekers grapple with this reality. If you’ve been wondering why there are so many picky employers out there, remember that you aren’t alone.
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