Much of the talk in the labor market today is about the efforts to get employers to hire based on skills, not college degrees. While there is some movement, workers without those degrees may not be seeing the benefits yet.
“We are definitely hearing from employers how they are shifting how they hire, how they’re thinking about new and innovative partnerships, even employers starting to launch apprenticeship programs that had never considered that previously,” according to Ashley Putnam, director, Economic Growth and Mobility Project, Federal Reserve Bank of Philadelphia.
WorkingNation sat down with Putnam at Presented by JFF Horizons – See Beyond 2022 in New Orleans.
Putnam adds a caveat to that hiring trend. “When we talk to workers, a lot of workers are still not experiencing those shifts. So while employers may not be requiring a college degree on maybe a job advertisement, right, they are still at some point in time, referencing degree holding candidates.”
She believes there are other barriers that are keeping workers from returning to work, including lack of affordable childcare for working mothers.
“This is something we’re really worried about as we see that women and particularly women of color were some of the most impacted at the beginning of this downturn and they are still struggling to get back to work without that access to childcare that gives them the flexibility to choose what kind of job they would like to be in,” says Putnam.
Learn more about Federal Reserve Bank of Philadelphia.
Learn more about Economic Growth and Mobility Project.
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Dana Beth Ardi, PhD, Executive Committee, is a thought leader and expert in the fields of executive search, talent management, organizational design, assessment, leadership and coaching. As an innovator in the human capital movement, Ardi creates enhanced value in companies by matching the most sought after talent with the best opportunities. Ardi coaches boards and investors on the art and science of building high caliber management teams. She provides them with the necessary skills to seek out and attract top-level management, to design the ideal organizational architectures and to deploy people against strategy. Ardi unearths the way a business works and the most effective way for people to work in them.
Ardi is an experienced business executive and senior consultant who leverages business organizational transformation through talent strategies. She uses her knowledge and experience to develop talent strategies to enhance revenue and profit contributions. She has a deep expertise in change management and organizational effectiveness and has designed and built high performance cultures. Ardi has significant experience in mergers, acquisitions, divestitures, IPO’s and turnarounds.
Ardi is an expert on the multi-generational workforce. She understands the four intersecting generations of workers coming together in contemporary companies, each with their own mindsets, leadership and communications styles, values and motivations. Ardi is sought after to assist companies manage and thrive by bringing the generations together. Her book, Fall of the Alphas: How Beta Leaders Win Through Connection, Collaboration and Influence, will be published by St. Martin’s Press. The book reflects Ardi’s deep expertise in understanding organizations and our changing society. It focuses on building a winning culture, how companies must grow and evolve, and how talent influences and shapes communities of work. This is what she has coined “Corporate Anthropology.” It is a playbook on how modern companies must meet challenges – culturally, globally, digitally, across genders and generations.
Ardi is currently the Managing Director and Founder of Corporate Anthropology Advisors, LLC, a consulting company that provides human capital advisory and innovative solutions to companies building value through people. Corporate Anthropology works with organizations, their cultures, the way they grow and develop, and the people who are responsible for forming their communities of work.
Prior to her position at Corporate Anthropology Advisors, Ardi served as a Partner/Managing Director at the private equity firms CCMP Capital and JPMorgan Partners. She was a partner at Flatiron Partners, a venture capital firm working with early state companies where she pioneered the human capital role within an investment portfolio.
Ardi holds a BS from the State University of New York at Buffalo as well as a Masters degree and PhD from Boston College. She started her career as professor at the Graduate Center at Fordham University in New York.
