Plan For College

Friday, August 5, 2016

Do Employers Really Care Where You Got Your Degree?

Do Employers Really Care Where
You Get Your Degree?

Many parents today feel if their student were to receive a degree from a prestigious college or university it will assure the student will be able to get a high paying job. In the past, this way of thinking might have been true however graduating from an elite college or university has changed.

A new Gallup survey has found business leaders who make hiring decisions are far less concerned about what college the student attends or what major the student pursued. According to the survey, business leaders are more concerned about the skill level of the student and the knowledge a potential employee has in their field.  

The chart below outlines what employers find important when looking at hiring new employees.

As you will notice in the chart above the knowledge of the candidate and the applied skills the candidate has in the business are the two most important factors of business leaders when hiring new employees. Also, you will notice the two lowest concerns of potential employers are what college the student attended and what degree the student obtained.
According to the Gallup survey, about eight in 10 adults that are working in a business environment agree that knowledge and applied skills in a particular field is very
important to managers making hiring decisions for their company.

However, the survey found the average American believes a college major and where a potential employee received their degree was the most important when it comes to employment. The survey found nearly half (47%) of future employees believed their degree was most important to business leaders and 30% believed where they
attended college was very important as well.

The survey found business leaders are not downplaying the value of obtaining a
college degree. However, business leaders are downplaying where a future employee received their degree as well as what major they obtained. Business leaders are
saying a college degree alone is not enough to obtain employment.

The Gallup survey found, “Getting a job and achieving long-term success in one's
career may increasingly depend on demonstrating real value to employers through
experience and targeted learning -- and increasingly less on degrees, even if they are from prestigious universities. Higher education institutions have a tremendous
opportunity to partner with businesses to bring relevant, responsive, and timely
learning opportunities to workplaces in this country and worldwide.

It’s clear from the Gallup survey, business leaders are placing more emphasis on what potential employees know and their style of working, rather than on the candidate's
degree or where they went to college.

Understanding financial literacy issues and how to pay for college expenses
correctly could save your family thousands of dollars.  If you are interested in learning more, go to our website
www.thecollegeplanninggroup.com or send us an e-mail (stan@thecollegeplanninggroup.com  for more
information.













1 comment:

  1. Learning that one of the last things potential employers consider before making a hire is their major was very interesting to me. I definitely expected this to be a very important part of a potential employee's background. Learning that where potential employees went to college is also one of the last things considered was not as surprising to me. It seems to me that is generally agreed upon that where you go to school matters very little compared to the work that you put in while you're there. I'm not sure that I agree with all of the statements in this article, but it was very interesting to understand and consider the ideas and situations that graduates face after leaving a college or university with a degree.
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