Ernst & Young removes degree benchmark for graduate programme
Ernst & Young has removed its requirement for a university degree from its entry measure for their 2016 graduate programme
The Global accountancy firm Ernst & Young has issued a new recruitment policy that they will formally be doing away with the hiring of any potential candidates based purely on their degrees and A-level qualifications.
The company, which is one of the uttermost employers of new graduates in the UK, is instead opting for in in-house assessment and tests, which the firm says is a “robust and reliable indicator of a candidate’s potential to succeed”.
Managing Partner for Talent at Ernst and Young, Maggie Stilwell told ITV: “Academic qualifications will still be taken into account and indeed remain an important consideration when assessing candidates as a whole, but will no longer act as a barrier to getting a foot in the door. Our own internal research of over 400 graduates found that screening students based on academic performance alone was too blunt an approach to recruitment.”
“It found no evidence to conclude that previous success in higher education correlated with future success in subsequent professional qualifications undertaken.”
The statement of the new recruitment scheme is a growing inclination among recruiters, with PricewaterhouseCoopers, another accountancy firm, revealing in May that they are also going to stop looking at A-level grades as a method of determining who to hire.
The progression of looking at hiring methods and to stop scrutinising education qualifications means that for those who aren’t adept to prosper in the present education structure – and those from disadvantaged upbringings – be allowed a greater opportunity of working in more ‘prestigious’ organisations.
In conjunction, it seems that employers are also searching for a more holistic way of determining whether a candidate is apt for a position rather than a degree score as the percentage of high grades such as 1st and 2:1 continues to rise.