In a rapidly evolving business environment with a competitive talent marketplace, your organization’s skilled workforce is your most powerful differentiator. Finding and tapping the skills you need—and recruiting and retaining that talent—is critical to the success of any organization.
What is a skills-first hiring strategy? It’s an approach that prioritizes candidates’ demonstrable skills and potential over a more traditional four-year degree as a proxy for talent.
While 77% of hiring managers in the research reported difficulty sourcing qualified job-ready candidates, those applying a skills-first hiring approach found it twice as easy to find qualified candidates as those who did not. Using a skills-first hiring strategy enabled managers to hire better-qualified and more motivated candidates, hire more selectively, and fill roles more quickly.
The evidence suggests that many hiring managers believe a degree indicates a candidate has soft skills employers need, like communication or critical thinking. More than four out of five hiring managers surveyed called those skills important to the hiring process. “A college degree will indicate that some of the skills needed for the job,” one respondent said, “including interpersonal skills, decision-making, and good communication skills.
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Source: HarvardBiz - 🏆 310. / 63 Read more »
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