As the job market evolves, an increasing number of companies are eliminating bachelor’s degree requirements for certain positions. To understand this trend, Intelligent.com surveyed 750 business leaders, revealing significant insights:
- 33% of companies have eliminated bachelor’s degree requirements so far in 2024.
- 25% of companies plan to eliminate or continue to eliminate bachelor’s degree requirements by 2025.
- The top reason for cutting degree requirements is a desire to prioritize skills over degrees.
- 75% of business leaders at companies that have removed degree requirements report that it has been beneficial to their company.
