Jobseekers' academic background is having a dwindling impact on hiring decisions, according to a survey, as companies seek workers with proven track records rather than impressive certificates.
Job portal Saramin polled human resources managers at 304 companies and found that only four out of 10 feel academic backgrounds had a positive impact on hiring decisions.
In the same survey three years ago, six out of 10 still said academic credentials are vital.
In the latest poll, 63.5 percent of respondents said impressive degree certificates do not affect their hiring decisions.
The biggest reason is that graduating from a prestigious university does not always translate into work skills, named by 71.9 percent of respondents.
Some 34.6 percent admit that impressive academic backgrounds make it difficult for them to make fair hiring decisions, while 25.9 percent said jobseekers from top universities reduce the chances of other candidates and 17.8 percent said such candidates often ask for too much money.
When it comes to work performance, graduates of top universities did not fare much better than others, according to six out of 10 respondents. And 10.9 percent said they actually perform worse.
Asked why, 21 percent cited lack of punctuality and excessive self-esteem and 20 percent inability to mix with colleagues.