Have you considered not having a formal education requirement for your current job openings?
Throughout the past couple of years, many companies have been moving away from having a formal education requirement to get a job with their organizations. If you think about it, how much of your college education do you use in your daily work? The trend originated in the IT industry. Companies found that they were cutting off large portions of the talent market by having a formal education requirement. Many of the skills that they were looking for were found in candidates that were not old enough to go to college or that were self-taught. When it became obvious that there was valuable talent in the recruiting world that was being ignored, other business sectors started following suit.
A Fistful of Talent article notes that the head of HR for Penguin Random House, Neil Morrison, used extensive hiring analytics and found that degrees had no correlation to the quality of hire and performance level in their organization. While a formal education can provide much needed skills for certain positions, companies are finding that with the tightening talent pool, using a formal education requirement as a primary filter may be too encompassing in the selection process. Ultimately, it comes down to finding people who come to work ready to work.
With today’s high unemployment there are lots of job seekers, but only one is going to be the right “fit” for your job opening. It takes a targeted approach using the right message, the best resources and lots of follow up to find that “needle in a haystack”. It can be expensive when not well thought-out, but when done correctly doesn’t have to break the budget. Strategic HR knows what it takes to attract, hire and retain the best employees. Whether you need a complete recruitment solution or just help with pieces of your process, we can assist you. Visit our Recruitment page to learn how we can provide you with top notch recruitment assistance.