Why Skill-Based Hiring Wins in Today’s Market

May 15, 2024Recruiting Daily
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The current volatile job market necessitates a shift from traditional pedigree-based hiring to skill-based hiring. Industries have to adapt to rapid changes, and that includes seeking skills relevant to current and future market demands. Skill-based hiring should focus not only on hard skills related to the industry or position but also on soft skills such as adaptability, resilience, creative thinking, and problem-solving. This type of hiring can lead to greater diversity, better job performance, and increased employee retention, driving a stronger economy and a more resilient workforce. Allowing individuals to be hired based on their skills, rather than credentials, also benefits people who have been typically overlooked or marginalized by traditional hiring processes.