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Goodbye Degrees, Hello Skills-Based Hiring

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Diversifying the Talent Pool
 
More employers—including Bristol Myers Squibb and IBM—are turning to a different approach to find the best talent in a tight job market: skills-based hiring.

This hiring method focuses on individuals' abilities and competencies rather than their education and direct experience. It's a more expansive approach that considers individuals who don't fit the traditional template for a role yet have skills and other experience that can be applied to the job. It often eliminates four-year degree requirements to open up the potential pool of candidates to those who acquired their knowledge through less traditional paths.

Experts say this tactic significantly broadens and diversifies the talent pool. At the same time, however, implementation can be challenging because it demands a drastic change in mindset from those who have been using degrees and experience as proxies for talent for years—if not decades.
 
 
 
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Why Fewer Employers Are Requiring College Degrees
 

In years past, having a college degree was required for almost every salaried job—and many hourly jobs, as well. Candidates who didn't have a degree often would lose out on opportunities and struggle to advance their careers. Recently, widespread talent shortages and several other cultural shifts have prompted more employers to revisit that requirement. Read More

 
 
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Explore Further
 
SHRM provides resources to help business leaders capitalize on skills-based hiring.

Skills-Based Hiring Requires Commitment to Change
Hiring for skills will require a mindset shift in which candidates are "screened in" instead of "screened out," necessitating new ways to define roles, write job ads, evaluate candidates, manage performance and develop employees.

SHRM Foundation Resource Page: Skills-First at Work
Insightful research and content, including a toolkit and action planner, for organizations to leverage the potential of skills-based hiring.

Skills-Based Hiring Poses Challenges for Federal Jobs
As organizations transition more aggressively to a skills-based hiring model, federal contractors are having a hard time keeping up due to education requirements from the federal government.

SHRM Touts Value of Skills-Based Hiring During Congressional Hearing
SHRM pushed for organizations to adopt skills-based hiring practices during a summer 2023 congressional hearing.

Bill Aims to End Hiring Bias Against Workers Without Bachelor's Degrees
HR leaders should be aware of recent legislation that would ensure that workers who don't have bachelor's degrees receive fair consideration in hiring.

 
 

Note to Readers: All Things Work will not be published next week. We will resume publication on April 6.

Every Saturday, All Things Work from HR Magazine provides thoughtful insights into the rapidly transforming nature of work and the workplace, and how HR, decision-makers and organizations worldwide are navigating and leading this change.

 

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