FILE - Mans hands are seen typing on an Apple laptop in Athens, Greece, on April 4, 2022. as part of their requirements for corporate roles, which is part of a wider trend in the U.S. job market that is de-emphasizing the value of a four-year diploma, according to experts. , IBM, Accenture, Bank of America and Google have announced plans to reduce the number of jobs that require college degrees.
He suggested that a large demand for employees combined with different views on college requirements by newer generations has likely contributed to the shift. In his book, "Paper Belt on Fire," Gibson challenges the education establishment, promoting stories that support his belief that a college degree is not necessary for a fulfilling and successful career.
"If you are going to work for a tech company, what's more important? A college degree or practical experience that you can code," Jenkin added. "It's becoming clear with the out-of-control cost of college education that the very word 'degree' is getting watered down and companies want to hire people who can prove they can get things done."
She also highlighted programs like Guild Education, which is used by Walmart and other Fortune 100 companies, which allows businesses to engage upfront with potential employees. Bailer revealed that such measures are "re-writing antiquated job descriptions" and salary bands, a move that has contributed to a 60% increase in salaries and first time jobs up to $85,000 per year.
She noted that one of the primary consideration’s employers have is why a candidate chose to go straight into the workforce "without passing go." Some young people, Patrick said, dive directly into the workforce because of opportunities too good to pass up. This often encompasses athletes and entrepreneurs.
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