In previous posts, we’ve been discussing degree inflation and how it has led many organizations to routinely require levels of education that aren’t really needed for success in the job. Lately, however, there’s been a notable shift in the wind. Several major employers and governments are rethinking the necessity of college degrees for myriad positions.
This move not only broadens the talent pool but also addresses the long-standing issue of degree inflation, which we’ve discussed in previous articles.
Walmart Takes the Lead
Walmart, one of the world’s largest employers, has made headlines with its recent decision. As reported by Forbes, the retail giant plans to eliminate college degree requirements from hundreds of its corporate job descriptions.
This move is indicative of the larger trend of employers’ prioritizing skills and experience over formal education. But it’s not just the corporate world that’s reevaluating its stance.
Governments are also leading the charge.
Government Initiatives Against Degree Inflation
Pennsylvania’s governor has been at the forefront, with initiatives aimed at eliminating college degree requirements to expand job opportunities. Similarly, Utah, Maryland, and Alaska have also taken steps in this direction, as highlighted by reports from The Center Square, NPR, and The Hill, respectively.
For governments, this approach serves a dual purpose. It appeals to non-college-educated voters, who directly benefit from these policies. Moreover, it’s a strategic move for governments as employers.
Job requirements should always align with the actual needs of the position. Using a college degree as a proxy for soft skills is, at best, an imperfect measure. While soft skills are challenging to quantify, relying solely on degrees can exclude many qualified candidates.
However, it’s essential to strike a balance.
Striking the Right Balance Between Qualifications and Skills
Many roles genuinely require postsecondary degrees due to the specialized knowledge or skills they demand. Others don’t. The key to avoiding the negative impacts of degree inflation is accurately discerning which positions truly need these qualifications and which can benefit from a more diverse range of candidates.
As the job market continues to evolve, it’s heartening to see employers and governments prioritize skills and potential over mere paper qualifications. This shift not only promises a more inclusive workforce but also paves the way for a more dynamic and diverse talent pool.
Lin Grensing-Pophal is a Contributing Editor at HR Daily Advisor.