How Competency-Based Hiring Can Help HR Teams Secure Top Talent

When Burning Glass conducted research, it was unveiled that more than 20% of the graduates aren’t working in their respective job roles despite having a degree. Why??

Often recruiters have been fooled into believing that those IVY leagues and B-Schools make exceptionally good employees. However, such is not the case, since a report by ASSOCHAM has highlighted? that more than 93% of the B-School graduates are unemployable despite landing in jobs in their initial years. Now, this makes hiring extremely strenuous for HR recruiters.?

In the absence of giving weightage to the degree or their past job experience, how would such recruiters proceed when it comes to hiring the top best talents. In this piece, we shall discuss what they can do to simplify the process through a new model.?

What is Competency Based Hiring?

Competency based hiring is a new and advanced model in hiring where the employees provide social proofs and anecdotal evidence that they have performed exceptionally well in their respective job roles.

How Recruiters Can Do Competency Based Hiring?

Fact Based Hiring?

Whenever an employee? is applying for any job,? a cover-letter and a CV? helps gauge the candidate’s capability. In actuality, those cover letters and CVs only give recruiters? a brief glimpse of everything. On the contrary, when a recruiter? is focussing on skill-based hiring which is exclusively driven by facts, the outcomes are much more different because there should be social proof to the claims.?

How can recruiters achieve that? There’s no better way than to seek validation for the job that the employee has done. It could transcend beyond the normal to give recruiters? a true story which shall not only look at cognitive capabilities but the ability to handle uncertainties.?

When recruiters do this, it takes away the guessing from the game. Recruiters can seek for their monthly sales reports instead of quarterly and question candidates? how they kept the approach when sales were down or up. Validate the same through real-time scenarios which shall make competency based hiring a battle-tested process.?

Consistent Standard for Screening?

HR managers can deploy consistent evaluative criteria which shall expose the applications to different situations based on geography, language and culture and find out their effectiveness in those situations. For example, a candidate has mentioned that he has exceptional standards in dealing with Asian clients. In that case, recruiters? can put such candidates? in those region’s requirements, use-cases? and find out their efficiency.?

A similar model was implemented to find out its efficiency. In total, 2000 candidates participated in the? model . This model helped more than 92% of the candidates seemingly identify their talents and they worked on it for even better outcomes. However, it was also unveiled that this model is adopted by only 28% of the organizations and those organizations that have adopted this model, their employees have gotten equal opportunities to demonstrate their skills and get better outcomes for their company’s as well as their personal growth.

Why Should Competency Hiring Be Mandatory??

After the introduction of new age models like remote where you get specific software systems that have broken barriers of borders, it has become simpler to hire the best talents from across the globe. However, assessing a candidate based on all the skills they have shown on their CV and cover letters might be strenuous. On the contrary, when competency based hiring is in place, it can help a provenance system where employers can quickly validate the efficiency of the employee and undertake the process in such a way that the time and efforts spent into hiring doesn’t go wasted. At the same time, competency hiring further ups the ante when you want to drive diversity in the work culture and provide a much better working environment for learning and upskilling oneself.?

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