The Ultimate Skill-Based Hiring Guide in 2022 - What You Need to Know

July 26, 2022

Share this article

HR professionals using the skill-based hiring approach have been largely successful, adding effectiveness to the hiring process. So what is skill-based hiring? What are the benefits and how can you adopt this approach to get quality talent?

Get the whitepaper and learn more!

Discover the benefits of skill-based hiring. A skill-based hiring process will help you do more and hire better. With this approach, your organization can reduce its training costs by hiring employees who already have the skills required for a position.

In the early 2000s, employers suddenly began adding degree requirements to their job descriptions. This degree inflation phenomenon is prevalent across a number of industries.

However, as it became easier for workers to hone their skills online, and jobs became harder to place (especially in the tech space), companies have refocused and are leaning into skill-based hiring. However, this poses an interesting challenge: without a verifiable degree from a reputable University, how do you know whether a candidate actually has the skills they say they have?

To counter that, emphasis could be placed on providing solid candidate and onboarding experience. And to stand out amongst the sea of competition, here are some sourcing and onboarding hacks to help you find (and keep) the talent you need.

In this report, we discuss:

- What Is Skill-Based Hiring?

- The Shift to a balance of Skill-Based Hiring

- The Benefits of Skill-Based Hiring

- Access to a Larger Candidate and Talent Pool

- Faster Time to Hire

- Higher Retention

- Future-proofing Your Company

- Better Competency Assessment

- Greater Diversity

- Which Industries Will Benefit the Most From Skill-Based Hiring?

- What Are Skills?

- Adopting the Skills-Based Approach

- The Importance of Verification and Psychometric Testing

Fill out the form below to get your copy

FAQs

What background check do I need?

This depends on the industry and type of role you are recruiting for. To determine whether you need reference checks, identity checks, bankruptcy checks, civil background checks, credit checks for employment or any of the other background checks we offer, chat to our team of dedicated account managers.

Why should employers check the background of potential employees?

Many industries have compliance-related employment check requirements. And even if your industry doesn’t, remember that your staff have access to assets and data that must be protected. When you employ a new staff member you need to be certain that they have the best interests of your business at heart. Carrying out comprehensive background checking helps mitigate risk and ensures a safer hiring decision.

How long do background checks take?

Again, this depends on the type of checks you need. Simple identity checks can be carried out in as little as a few hours but a worldwide criminal background check for instance might take several weeks. A simple pre-employment check package takes around a week. Our account managers are specialists and can provide detailed information into which checks you need and how long they will take.

Can you do a background check online?

All Veremark checks are carried out online and digitally. This eliminates the need to collect, store and manage paper documents and information making the process faster, more efficient and ensures complete safety of candidate data and documents.

What are the benefits of a background check?

In a competitive marketplace, making the right hiring decisions is key to the success of your company. Employment background checks enables you to understand more about your candidates before making crucial decisions which can have either beneficial or catastrophic effects on your business.

What does a background check show?

Background checks not only provide useful insights into a candidate’s work history, skills and education, but they can also offer richer detail into someone’s personality and character traits. This gives you a huge advantage when considering who to hire. Background checking also ensures that candidates are legally allowed to carry out certain roles, failed criminal and credit checks could prevent them from working with vulnerable people or in a financial function.