Hiring Managers Slow to Accept Online Degrees, says Vault

2008-07-15 10:20:00

63% Say They Favor Job Candidates from Traditional Schools

NEW YORK–(EMWNews)–While employers and hiring managers are seeing more job applicants with

online degrees these days, theyre not exactly

clamoring to hire them. According to Vault.coms

2008 Online Degrees Survey, while 49% of those who make hiring decisions

have encountered applicants with online degrees, a 15 percentage point

increase from this survey three years ago, only 19% have actually hired

a candidate who only possessed an online degree, a one point decrease

from the last survey.

A candidate with an online degree would have

to be truly extraordinary otherwise to merit serious consideration,

said one hiring manager. I don’t think online

degrees reflect a serious commitment to education on the part of the

degree-holder.

Vaults 2008 Online Degrees Survey was

conducted in early June and consists of responses from 172 employers and

hiring managers working in various industries across the United States.

When asked if they would give equal consideration to job candidates with

online degrees and those with degrees from traditional colleges and

universities, 63% of survey respondents said they would favor job

candidates with traditional degrees while 35% said they would give them

equal consideration.

Vault CEO Erik Sorenson said, Everything has

moved online, including education. Though more and more Americans are

getting educated online, there is still a bias toward traditional

classroom education, especially for high-end careers and top-ranked

companies.

While 83% of employers and hiring managers say that online degrees are

more acceptable than they were five years ago, it seems there is still a

ways to go before employers fully embrace them.

For more on online degrees, visit www.vault.com/online-degrees/.

About Vault.com

Vault is the leading media company focused on careers, offering over 120

books and a celebrated online resource, www.vault.com,

which features thousands of company and university profiles, information

on hundreds of occupations and industries, articles on a multitude of

workplace topics, a network of message boards for professionals and

jobs-related video, blogs and research tools. Maintaining offices in New

York, London, Mumbai, and Hong Kong, Vault was founded in 1996 and

recently received a majority investment from Veronis Suhler Stevenson, a

$5 billion private-equity firm focused on media and communications.

Vault.com
Melanie London, 646-792-6355
mlondon@vault.com

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