Shake Up Your Hiring Process!
Learn why a skills-based approach may be the secret to finding top talent.
Hi there!
Did you know that 77% of employees who left their jobs could have been retained with more career development opportunities? Surprising, but true: a focus on skills over degrees could be the game-changer in your talent acquisition strategy.
We will cover:
? Why looking past degrees is the way forward
? Real-life success stories of skills-based hiring practices
? Techniques you can use to implement this concept
? What does this change mean for you
Looking Beyond Degrees
Today's talent market, with factors like the pandemic and rising inflation rates, has forced many employers to rethink their hiring strategy. The key: focusing on the skills a candidate brings, rather than their degree or job title.
According to McKinsey's research, "hiring for skills is five times more predictive of job performance than hiring for education and more than two times more predictive than hiring for work experience." Food for thought, right?
Success Stories of Skills-based Hiring ??
1. Walmart: Transitioned to skills-based practices and increased its talent pool by removing specific degree requirements from job postings.
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2. Boeing: Signed onto the Rework America Alliance, shifting their focus on skills, and saw a substantial increase in qualified candidate applications.
3. State of Maryland: Freed up thousands of job opportunities in fields like healthcare and engineering by no longer requiring degrees for almost half of its positions.
Techniques for Implementing Skills-based Hiring
1. Redefine Job Descriptions: Shift focus from qualifications and experience to the skills required for the job.
2. Partner with Educational Institutes: Create on-the-job training programs to nurture the required skills.
3. Use Skills Assessment Tools: To evaluate potential hires based on skills and fit into your company culture.
Embrace the Change
Integrating a skills-based approach helps diversify your candidate pool while increasing the quality of talent. It opens up more opportunities for people from varying educational backgrounds and experiences.
Next time you're hiring, consider looking beyond the degree. The ideal candidate is less about where they studied, more about what they can do.
How I can help you: