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Entrepreneurs are Reducing your degree requirementsOh threatening to steal -many Corporate jobs and recent graduates are removing their hair over whether the time and money they dumped on the paper was uniform It is worth it.
Now, Work’s CEO is to confirm the change in priorities: degrees are really irrelevant and are no longer so important for businessmen.
The company sends more than 23,000 companies a year between 170 countries to discover what distinguishes the crème de la crème from businessmen. Together with Fortuneheard from hundreds of thousands of employees to sort the Fortune 100 best companies to work List, and at the helm, is the CEO Michael Bush, who has spent the last decade dissecting the hiring practices and the trends that make up the current work world.
“Almost everyone realizes that the great talent is missing having a bachelor’s requirement,” says Bush Fortune. “This snowball only grows.”
“The overwhelming approach of the last five years and among the companies in our list is around skills and the development of competencies,” he adds. “They don’t even talk about degrees now. They talk about skills. What skills do you have and what skills they will need in the future? Amount of activity there. “
The CEO adds that the change in skill -based recruitment has taken worldwide because, ultimately, the degrees only highlight the knowledge of a person on a topic, not if they have the skills to do the task available.
“When you want to start coinciding between complex problems and people who needed to solve them, a degree does not help,” says Bush.
“What helps people have or not perseverance and passion and the real skills needed to provide innovative solutions to work and AI is now used to combine people with complex challenges and problems and companies. They will do so through the skill database, not degrees. Degrees are irrelevant to this analysis.”
Is no longer just the number of qualifications in your name that is important: countless executives of Andy Jassy of Amazon and David Meads of Cisco into Kurt Geiger Neil Clifford and Tim Cook of Apple They have emphasized that success is based on attitude. In the meantime, the tastes of Google, Microsoft, IBM, Apple and more recently Deloittehave — Everything eliminated his long -term degree requirements for jobs.
Bush says that the change towards hiring first skills began for two key reasons: a shortage of talent and an increase in leaders with hiring powers that they themselves have not obtained.
“This has helped people to realize it is not so important,” he adds. “He has not been awakened and he has realized, well, there is a lot of talent that he has no degrees.”
Specific case: Mark Zuckerberg left college to find Facebook. Now he is directing the social media empire of 1.4 trillion dollars Goal And his “Philosophy of hiring“It is to find people who have dominated a skill, such as writing a novel about Sirens (his example).
Most current entrepreneurs have “some kind of psychometry in their process, some way of seeing the person’s awareness,” says Bush.
Therefore, employment applicants, warned: You could see an increase in the spirits interview tests involved cups of coffee, salt and pepper agitators, and Puzzled questions thrown to see what you really are done.
And in his eyes, the displacement of the degrees is the only ticket to the golden opportunities is mainly a good thing.
“ We try to understand what people do to ensure that everyone has the opportunity to hire their company, to ensure that everyone has the opportunity to promote it within their company, these are requirements of being an ideal place to work for all, that there are opportunities for all. All people who do not have degrees, ” says Bush.
“I’m not saying it is not worth it. They are personal decisions that people make,” he adds. “He is gaining acceptance to jobs to focus more on real performance and less on things that could move away from the great talent and the degrees have a way to do it.”
Not only businessmen say that degrees have been obsolete; The young people who have them take stock of the current market and call them worthless.
In fact, more than half of the Z GRADUATS ensure that their degree was a “waste of money“, According to a new survey of effectiveness.
But separate research shows that some topics are still worth studying, with Stem stem leading to six -digit salaries after college.
According to new data from New York’s Federal Bank, Aerospace Engineering Seniors exceed the average degree list, with an annual average income of $ 125,000. In addition, a separate study emphasized that advanced degrees, often in the medical field, are the key to Unlocking jobs paying more than $ 200,000.
This story originally presented to Fortune.com