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If a credential gets less exclusive over time (meaning they relax the requirements on it) and the same company seeks someone with that credential repeatedly ove
by wccrawford 6y ago
If a credential gets less exclusive over time (meaning they relax the requirements on it) and the same company seeks someone with that credential repeatedly over time, the value that the company expects from that credential does go down.
- fragmede 6y agoLowered exclusivity doesn't require the requirements relax though. If, before, there was one student passing the exam candidate, and now there are 10 passing, where have the requirements been relaxed (assuming there's no cheating going on)? It's less exclusive because now there are ten instead of one (well, eleven total) but the bar hasn't been relaxed, there's just higher supply.
- Jaygles 6y agoA credential becoming less exclusive doesn't necessarily mean the requirements are relaxed. Could mean the requirements stay constant and there are more people shifting their priorities, seeking to obtain it and succeeding. Of course in the real world, supply will react to the increase in demand and those looking to make a quick buck will offer an inferior credentialing service. For example: the fairly recent glut of web dev bootcamps (Of which I am a graduate of one, it can work occasionally). And then things get complicated and every firm tries to filter out unqualified candidates with wild interview processes which leads to countless blogs about the whole situation including the article featured here, which is, at least, tangentially related.