Nearly One-Third of Employers Now Hiring College Graduates for Jobs that Were Primarily Held by High School Graduates

Nearly One-Third of Employers Now Hiring College Graduates for Jobs that Were
                   Primarily Held by High School Graduates

PR Newswire

CHICAGO, March 28, 2013

CHICAGO, March 28, 2013 /PRNewswire/ --Employers are not only looking for
educated labor to fill high skill positions, but to fill traditionally lower
skill jobs as well.Thirty-two percent of hiring managers and human resource
professionals said they are hiring more employees with college degrees for
positions that were historically held by high school graduates.While this
trend is most prevalent among Financial Services organizations, it spans
across various industries:

  oFinancial Services – 53 percent
  oHealthcare – 40 percent
  oManufacturing – 38 percent
  oTransportation & Utilities – 37 percent
  oInformation Technology – 33 percent
  oProfessional & Business Services – 31 percent
  oRetail – 28 percent
  oHospitality – 20 percent

The CareerBuilder study of more than 2,600 employers nationwide was conducted
online by Harris Interactive^© from November 1 to November 30, 2012.

"Employers are filling more entry level functions with educated labor," said
Brent Rasmussen, President of CareerBuilder North America."While some of this
may be attributed to a competitive job market that lends itself to college
grads taking lower skill jobs, it also speaks to companies raising performance
expectations for roles within their firms to enhance overall productivity,
product quality and sales." 

Positive Effects of College-Educated Labor
Of employers who have hired more workers with college degrees for jobs that
were historically held by high school graduates, most reported positive
impacts on their business in the forms of:

  oHigher quality of work – 64 percent
  oProductivity – 45 percent
  oRevenue – 22 percent
  oCustomer Loyalty – 18 percent

Employers Implementing Stricter Requirements
Specific qualifications for jobs are becoming more demanding. Nearly
one-in-five employers (18 percent) said they have increased their educational
requirements for jobs over the last five years. Manufacturing and Information
Technology firms were the most likely to report this, at 30 percent and 27
percent respectively.

More than half of employers (54 percent) reported that they require an
associate's degree or higher for their positions; 44 percent require a
four-year degree or higher.

Education and Promotions
The lack of a college education may limit upward mobility.Thirty-seven
percent of employers said they are unlikely to promote someone who doesn't
have a college degree.

Survey Methodology
This survey was conducted online within the U.S. by Harris Interactive^© on
behalf of CareerBuilder among 2,611 hiring managers and human resource
professionals (employed full-time, not self-employed, non-government) between
November 1 and November 30, 2012 (percentages for some questions are based on
a subset, based on their responses to certain questions). With a pure
probability sample of 2,611, one could say with a 95 percent probability that
the overall results have a sampling error of +/- 1.92 percentage
points.Sampling error for data from sub-samples is higher and varies.

About CareerBuilder®
CareerBuilder is the global leader in human capital solutions, helping
companies target and attract their most important asset - their people. Its
online career site, CareerBuilder.com®, is the largest in the United States
with more than 24 million unique visitors, 1 million jobs and 50 million
resumes. CareerBuilder works with the world's top employers, providing
resources for everything from talent and compensation intelligence to
employment branding and recruitment support. More than 10,000 websites,
including 140 newspapers and broadband portals such as MSN and AOL, feature
CareerBuilder's proprietary job search technology on their career sites. Owned
by Gannett Co., Inc. (NYSE:GCI), Tribune Company and The McClatchy Company
(NYSE:MNI), CareerBuilder and its subsidiaries operate in the United States,
Europe, South America, Canada and Asia. For more information, visit
www.careerbuilder.com.

Media Contact
Michael Erwin
773-527-3637|
Michael.erwin@careerbuilder.com
http://www.twitter.com/CareerBuilderPR

SOURCE CareerBuilder

Website: http://www.careerbuilder.com