The 7 Benefits of Skills-Based Hiring

In a nutshell, skills-based hiring is looking beyond formal paper-based qualifications, and it is something we have always done.

Here’s why:

1. It opens opportunities for non-traditional candidates, and certainly enhances diversity and inclusion. Opening up new talent pools or new opportunities for those less qualified, less educated or who have non-traditional backgrounds, yet still have amazing skills.
2. It allows for hiring on transferable skills or on propensity to learn new skills, especially when things change or when new skills can also be learned on the job.
3. It tries to focus on what matters most for the role: By concentrating on skills, companies ensure they're getting the right capabilities developed or hired that they need for job or project success.
4. It can help unearth hidden gems - allowing companies to discover talent that might be overlooked due to non-traditional backgrounds.
5. Matches current needs – Organisations taking this approach try to ensure that the skills of the workforce are directly aligned with the company's current and future skills needs, allowing for more flexible, nimble, efficient and productive teams.
6. Helps with internal talent pools and resource planning. Being able to see who you have, what skills they have and where there are skills gaps and shortages. This would help internal mobility in the “Talent lifecycle” and training needs analysis of the workforce. And potentially allows for much better workforce planning than most HRIS systems can currently provide.
7. Prepares for the future in those industries where the required skills are rapidly changing, a skills-based approach might allow companies to adapt quicker by hiring for emerging skills.

Get in touch today if you'd like to discuss how your organisation can benefit from Skills Based Hiring.