Recent headlines have touted the move by several big employers to stop requiring new hires to hold college degrees. Meanwhile, a drumbeat of studies show increasing labor market returns for degrees, and employers say they value the critical thinking skills of liberal arts graduates.
These seemingly oppositional trends are both real and on display in a new report from Northeastern University’s Center for the Future of Higher Education and Talent Strategy. The report sheds light on a technology-enhanced shift in the way workers are being hired in the knowledge economy.
The traditional college degree remains by far the best ticket to a good-paying job, a well-established fact bolstered by a survey the center conducted. But the results also suggest that college leaders should pay close attention to the gradual, ongoing transformation of HR functions as well as to nascent changes in how employers view alternative credentials, particularly of the digital variety.
“The way employers relate to higher education is shifting,” said Sean R. Gallagher, the center’s executive director and the report’s author. “It’s employers getting savvier.”
The center surveyed 750 hiring leaders at U.S. employers in ……….
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