Welcome!

News Feed Item

Glassdoor Survey Reveals Employee Sentiment on the Value of Higher Education: 72 Percent Value Skills Training More Than Degrees

Half of Employees With a College Degree Report Their Specific Degree Is Not Very Relevant to the Job They Do Today

SAUSALITO, CA -- (Marketwired) -- 07/02/14 -- Eighty-two percent of U.S. college grads believe their level of education has helped their careers, according to the Glassdoor U.S. Q2 2014 Employment Confidence Survey.(1) However, while earning a college degree has value, seven in 10 (72 percent) employees(2) believe specialized training to acquire specific skills is more valuable than a degree in the workplace. In addition to its core measures of employment confidence, this quarter's survey, conducted online by Harris Interactive, took a look at how employees perceive the value of their own education and higher education overall, as it relates to getting a job and advancing their career.

When it comes to what's most important to advance their career and earn a bigger paycheck, more than three in five (63 percent) employees report learning new skills or receiving special training, compared to those who report receiving a college or graduate degree (45 percent), transitioning careers or looking for a new job or company (38 percent), and networking with professionals (34 percent), among other options.

In addition, a specific degree may not translate to getting hired or career success, as three in four (74 percent) employees believe their employers value work experience and related skills more than education when evaluating job candidates. In fact, half (48 percent) of employees with a college degree believe their specific degree is not very relevant to the job they do today, and four in five (80 percent) admit they've never been asked about their college GPA (grade point average) during a job interview. Fifty-three percent of employees also believe a graduate degree is no longer necessary to be offered a high-paying job.

Despite this, higher education remains valuable to employees, as more than half (56 percent) also believe if they had a higher level of education, they would be 'more successful in their career.'

"The national conversation about the value of higher education and gainful employment is a topic alive within companies. While education is still valued as one piece of the puzzle for a successful career, we're seeing a shift in the workplace in which most employees feel gaining the latest skills relevant to their job and industry is more valuable to help advance their careers, and they're feeling it's what employers are truly seeking to really help move business forward," said Rusty Rueff, Glassdoor career and workplace expert. "For any employee looking to earn a bigger salary or move up the corporate ladder, they should do their research on how their industry is evolving, including identifying specific skill sets that are in demand. Going back to school may be one way to learn and improve, but there are also non-traditional ways, such as certificate programs, bootcamps, webinars, online non-degreed courses, conferences and more."

The Glassdoor Employment Confidence Survey monitors four key indicators of employee confidence each quarter: salary expectations, job market optimism/re-hire probability, job security and business outlook optimism. In the second quarter, overall employee confidence tempered from the first quarter.

When it comes to expectations for their company's business outlook over the next six months, 40 percent of employees believe it will get better, down four percentage points since last quarter, while more than half (53 percent) believe it will stay the same, and seven percent report it will get worse.

Confidence in the job market held steady as 44 percent of employees, including those self-employed, believe it is likely they could find a job matched to their current experience and compensation levels in the next six months. However, among those unemployed but looking, 32 percent believe it is likely they could find a job in the next six months, up from 31 percent in the first quarter.

Thirty-seven percent of employees report they expect a pay raise in the next 12 months, down from 44 percent in the first quarter and 40 percent in the second quarter of 2013. More than two in five (43 percent) do not expect a pay raise, while one in five (20 percent) are unsure.

Layoff concerns edged up slightly, as 16 percent of employees report concern they could be laid off in the next six months, up one percentage point from last quarter. More employees (24 percent) report concern co-workers could be laid off in the next six months, also up one percentage point since last quarter.

SURVEY SUPPLEMENT & GRAPHICS AVAILABLE: For more details, including breakdowns of survey results by age and gender as well as quarter-by-quarter survey results, please see the full Q2 2014 Glassdoor Employment Confidence Survey Supplement: http://www.glassdoor.com/press/surveys. To request the survey supplement, graphics and/or complete survey methodology, please contact pr [at] Glassdoor [dot] com.

Methodology
(1) The Q2 2014 survey was conducted online within the United States by Harris Poll on behalf of Glassdoor from June 9-11, 2014 among 2,059 adults ages 18 and older of whom 996 are currently employed full/part time. This online survey is not based on a probability sample and therefore no estimate of theoretical sampling error can be calculated. For complete survey methodology, including weighting variables, please contact [email protected]

(2) For the purposes of this study, "employees" were defined as U.S. adults 18+ employed full time and/or part time unless otherwise indicated.

About Glassdoor
Glassdoor is the world's most transparent career community that is changing the way people find jobs and companies recruit top talent. Founded in 2007, Glassdoor offers members the latest job listings, as well as access to proprietary employee-generated content including company-specific salary reports, ratings and reviews, CEO approval ratings, interview questions and reviews, office photos and more. Members also have the ability to see Inside Connections™ at particular companies via their Facebook network. In addition, thousands of employers are using Glassdoor for Employers to support their recruiting and employment branding efforts. Glassdoor, which won the 2013 Webby Award for Best Employment Site, is one of the most popular mobile job apps on iOS and Android platforms. Glassdoor is backed by Benchmark, Sutter Hill Ventures, Battery Ventures, DAG Ventures, Dragoneer Investment Group and Tiger Global. More information about Glassdoor can be found on the Glassdoor Blog, Glassdoor for Employers Blog and by following the company on Twitter, Facebook, Google+ and LinkedIn.

Glassdoor.com is a registered trademark of Glassdoor, Inc.

Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=2630525
Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=2630528
Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=2630531

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
In their Live Hack” presentation at 17th Cloud Expo, Stephen Coty and Paul Fletcher, Chief Security Evangelists at Alert Logic, provided the audience with a chance to see a live demonstration of the common tools cyber attackers use to attack cloud and traditional IT systems. This “Live Hack” used open source attack tools that are free and available for download by anybody. Attendees learned where to find and how to operate these tools for the purpose of testing their own IT infrastructure. The...
SYS-CON Events announced today that CA Technologies has been named “Platinum Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CA Technologies helps customers succeed in a future where every business – from apparel to energy – is being rewritten by software. From ...
SYS-CON Events announced today that MobiDev, a client-oriented software development company, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. MobiDev is a software company that develops and delivers turn-key mobile apps, websites, web services, and complex softw...
SYS-CON Events announced today that Loom Systems will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Founded in 2015, Loom Systems delivers an advanced AI solution to predict and prevent problems in the digital business. Loom stands alone in the industry as an AI analysis platform requiring no prior math knowledge from operators, leveraging the existing staff to succeed in the digital era. With offices in S...
SYS-CON Events announced today that Cloud Academy will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Cloud Academy is the industry’s most innovative, vendor-neutral cloud technology training platform. Cloud Academy provides continuous learning solutions for individuals and enterprise teams for Amazon Web Services, Microsoft Azure, Google Cloud Platform, and the most popular cloud computing technologies. Ge...
Historically, some banking activities such as trading have been relying heavily on analytics and cutting edge algorithmic tools. The coming of age of powerful data analytics solutions combined with the development of intelligent algorithms have created new opportunities for financial institutions. In his session at 20th Cloud Expo, Sebastien Meunier, Head of Digital for North America at Chappuis Halder & Co., will discuss how these tools can be leveraged to develop a lasting competitive advanta...
"My role is working with customers, helping them go through this digital transformation. I spend a lot of time talking to banks, big industries, manufacturers working through how they are integrating and transforming their IT platforms and moving them forward," explained William Morrish, General Manager Product Sales at Interoute, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
For organizations that have amassed large sums of software complexity, taking a microservices approach is the first step toward DevOps and continuous improvement / development. Integrating system-level analysis with microservices makes it easier to change and add functionality to applications at any time without the increase of risk. Before you start big transformation projects or a cloud migration, make sure these changes won’t take down your entire organization.
With billions of sensors deployed worldwide, the amount of machine-generated data will soon exceed what our networks can handle. But consumers and businesses will expect seamless experiences and real-time responsiveness. What does this mean for IoT devices and the infrastructure that supports them? More of the data will need to be handled at - or closer to - the devices themselves.
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm.
My team embarked on building a data lake for our sales and marketing data to better understand customer journeys. This required building a hybrid data pipeline to connect our cloud CRM with the new Hadoop Data Lake. One challenge is that IT was not in a position to provide support until we proved value and marketing did not have the experience, so we embarked on the journey ourselves within the product marketing team for our line of business within Progress. In his session at @BigDataExpo, Sum...
The taxi industry never saw Uber coming. Startups are a threat to incumbents like never before, and a major enabler for startups is that they are instantly “cloud ready.” If innovation moves at the pace of IT, then your company is in trouble. Why? Because your data center will not keep up with frenetic pace AWS, Microsoft and Google are rolling out new capabilities In his session at 20th Cloud Expo, Don Browning, VP of Cloud Architecture at Turner, will posit that disruption is inevitable for c...
SYS-CON Events announced today that Telecom Reseller has been named “Media Sponsor” of SYS-CON's 20th International Cloud Expo, which will take place on June 6–8, 2017, at the Javits Center in New York City, NY. Telecom Reseller reports on Unified Communications, UCaaS, BPaaS for enterprise and SMBs. They report extensively on both customer premises based solutions such as IP-PBX as well as cloud based and hosted platforms.
SYS-CON Events announced today that Ocean9will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Ocean9 provides cloud services for Backup, Disaster Recovery (DRaaS) and instant Innovation, and redefines enterprise infrastructure with its cloud native subscription offerings for mission critical SAP workloads.
Providing the needed data for application development and testing is a huge headache for most organizations. The problems are often the same across companies - speed, quality, cost, and control. Provisioning data can take days or weeks, every time a refresh is required. Using dummy data leads to quality problems. Creating physical copies of large data sets and sending them to distributed teams of developers eats up expensive storage and bandwidth resources. And, all of these copies proliferating...