Employers Are Raising New Hire Requirements & It's Hurting Everyone

Companies/organizations are ratcheting up job requirements -- even on entry level positions. 

Cosider this: during the height of the recession, many companies were able to attract highly, perhaps over-qualified individuals that were desperate for employment for a multitude of positions. 

Highly skilled professionals lost work and needed employment that worked... until it didn't 

It stopped working as the employment picture improved. 

But by elevating the hiring standards substantially during the recession, many organizations either never reevaluated qualifications or felt like they couldn't because of those who were employed for similar positions with those requirements. 

The result?

Organizations are faced with a skills-gap. 

A recent Harvard study released some of these revealing details:  

  • Existing factory supervisors with college degrees: 16 percent
  • Recent factory supervisors job postings that require college degrees: 67 percent
  • That's a self-imposed skill gap of a stunning 51 percent !!!!

As part of the research, 26 million openings were studied. It was found that even people who had years of experience were instead being overlooked for people with no work experience but a matching degree. 

The most common way this occurs is computer automated programs that weed out applicants without the self-imposed education requirements. 

Bottom line: today there are 6.2 million jobs that didn't require a degree prior to the recession that generally do today.  

The "skills gap" has received a lot of attention in recent years but it looks like it's often an organization hurting themselves. 

Consider that today, Mark Zuckerburg wouldn't be hired by Facebook. 

Bill Gates wouldn't be hired at Microsoft and, were he still alive, Steve Jobs at Apple. 

Any questions?


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