A Blog by Jonathan Low

 

Oct 28, 2016

Why Companies Are Hiring More Humanities Majors

We have been led to believe that it's all about data. And society has become convinced that science, technology, engineering and math, the so-called STEM disciplines, are the future. If you don't major in one of those, the fear is, you might as well starve.

But it turns out that, in fact, enterprises in both the public and private sector are finding that machines do a pretty good job of generating data without too much human assistance.

And that all-knowing data is reporting that institutions are hiring a lot more humanities and liberal arts types, who have studied design, languages, philosophy, area and gender studies and host of other ostensibly 'soft' disciplines.

For a very good reason: that finding people with the ability to understand, interpret, explain and communicate knowledge is both harder and as, if not more, important than generating numbers. So not only are more of them being hired, they're being paid better, too. Because we live in an era in which collaboration in multi-lingual, multi-cultural environments is crucial. Which is why enterprises that wish to prevail understand that people who have those skills are essential. JL

Nikki Waller reports in the Wall Street Journal:

Pay for liberal arts graduates rose sharply for the class of 2015, moving closer to business graduates’ starting pay. Behind the numbers is a growing desire among employers for hires with communication skills and comfort in multicultural environments.
Heads up, business majors: Employers are newly hot on the trail of hires with liberal arts and humanities degrees.
Class of 2015 graduates from those disciplines are employed at higher rates than their cohorts in the class of 2014, and starting salaries rose significantly, according to the National Association of Colleges and Employers’ annual first-destination survey of recent graduates in the workforce.
Degree holders in area studies—majors like Latin American Studies and Gender Studies—logged the largest gains in full-time employment and pay, with average starting salaries rising 26% to $43,524 for the class of 2015, compared with the previous year’s graduates. Language studies posted the second-highest salary gains.
Though area studies majors comprise less than 1% of all graduates in the survey, the pay numbers show employers are seeking hires with communication skills and comfort in multicultural environments, said Edwin Koc, NACE’s director of research, public policy and legislative affairs.
Overall, pay for liberal arts graduates rose sharply for the class of 2015, moving closer to business graduates’ starting pay, according to Mr. Koc.
“I’ll be interested to see if it’s a one-year quirk or whether it continues to boom in that direction,” he said.
Those with degrees in English and in foreign languages also brought home bigger paychecks, with starting salaries rising 14.3% and 13.6%, respectively.
Behind the numbers is a growing desire among employers for hires with strong communication skills, said Mr. Koc. After complaining that new hires’ soft skills are not up to par, “employers may be reconsidering how they’re approaching recruiting college graduates, and may not be so focused on hiring a particular major,” he said.
Computer-science graduates posted the highest starting salaries in the survey, reporting an average of $69,214. They unseated petroleum engineering majors, who usually top starting-salary rankings but have dipped amid the energy-industry crisis.
Not all liberal arts majors are enjoying boom times. History majors’ starting pay rose 3.7% year-over-year, and visual and performing arts majors were the sole group of humanities students for whom employment declined, with 2.3% fewer graduates employed six months after graduation.
NACE collected employment and salary information from 279 U.S. colleges and universities and 244,000 bachelor’s degree graduates. Overall, more than 80% of 2015 bachelor’s degree holders were employed or in graduate school within six months of graduation, according to NACE.

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