New Zealand's economy continues to grow yet moribund productivity remains a challenge and a group of business, education and technology leaders is looking outside the traditional tertiary framework for solutions.
More than 100 companies signed an open letter stating tertiary qualifications are not required for a range of roles within their workplaces and the focus during recruitment will be on assessing skills, attitudes, motivation, and adaptability of applicants.
New Zealand's economy and labour market have been enjoying strong growth in recent years - buoyed by record migration stoking population growth, record low interest rates, a construction boom, and good terms of trade - but productivity has largely flatlined, with New Zealand's geographic distance restricting access to the global economy and reducing competitive pressures. According to the Organisation for Economic Cooperation and Development, New Zealand's per capita GDP is below the OECD mean and improving productivity growth is a major long-term challenge for improving inclusiveness and living standards.
The open letter forms part of the so-called Strategic Insights Panel (SIP), a group of 30 senior business leaders from New Zealand companies who have set a goal to help double gross domestic product per capita growth from 1.5 per cent to 3 per cent by 2021.
Head of Trade Me Jobs Jeremy Wade said Trade Me wants to make sure all Kiwis are aware of their options. As a result, it has launched a 'no qualifications' search filter on the Trade Me Jobs site to highlight skills-based roles being advertised with no qualification required.