Tags: jobs | employers | application requirements | unemployment

WSJ: Worker-Needy Companies Relaxing Applicant Requirements

WSJ: Worker-Needy Companies Relaxing Applicant Requirements
(Dreamstime)

By    |   Sunday, 29 July 2018 03:32 PM

With historically low unemployment and companies posting more jobs than there are qualified applicants, employers are moving toward "no experience necessary," while relaxing other requirements such as drug tests, criminal background checks and specific education degrees, The Wall Street Journal reported.

"Employers say they are abandoning preferences for college degrees and specific skill sets to speed up hiring and broaden the pool of job candidates," the Journal reported. "Many companies added requirements to job postings after the recession, when millions were out of work and human-resources departments were stacked with r�sum�s."

In the growing U.S. economy, applicants without experience or a degree "face better odds in the labor market" now than perhaps ever, according to the Journal.

"Candidates have so many options today," Amy Glaser, senior vice president of Adecco Group, a staffing agency with about 10,000 company clients in search of employees, told the paper. "If a company requires a degree, two rounds of interviews and a test for hard skills, candidates can go down the street to another employer who will make them an offer that day."

A tight job market has led employers to cut hiring costs in three ways, recruiters told the Journal:

  1. Offer more money up front.
  2. Lower their standards.
  3. Hire from within for special company-specific skills.

According to Burning Glass Technologies data, per the Journal:

  • The percentage of job postings requiring a college degree fell 2 percent (32-30 percent) in the past year, and the percentage is down 4 percent since 2012, when it was 34 percent.
  • The percentage of entry-level jobs asking for three or more years' experience is down 6 percent to 23 percent since 2012.

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With historically low unemployment and companies posting more jobs than there are qualified applicants, employers are moving toward "no experience necessary," while relaxing other requirements such as drug tests, criminal background checks and specific education degrees,...
jobs, employers, application requirements, unemployment
274
2018-32-29
Sunday, 29 July 2018 03:32 PM
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