Skill-based hiring; facilitating an equitable workforce
Merit and credential-based hiring is a prejudiced or preconceived idea and belief. People adopt skill-based hiring traction in a modern world where merit-based recruitment is dispelling. Moreover, Skill-based hiring is channeling more fundamental pathways for gaining a sustainable and equally potent workforce. It primarily affects the working environment while promoting better opportunities for people without any discrimination.
A global market is opening new job opportunities that will allow skilled, non-degree holders to showcase their capabilities explicitly. Across the USA, 10.8 million jobs are opening for an inclusive environment. The conventional hiring process cannot meet the current challenges of the workforce and workplace. Now emerging companies are acceding to this modernized concept of skill-based hiring. There is a need for the widespread acknowledgment of this idea for embracing even those who cannot afford higher education.
Is skill-based hiring unfair to graduates?
Many people consider it a myth that skill-based hiring is an unfair strategy for college graduates. Contrary, one never thinks that merit or credential-based hiring is still an unfair hiring criterion for those who cannot afford higher education due to its mounting cost. Skill-based hiring sets a new bar in the hiring process. Skills work as a proxy for the degree for those who do not have them. This way provides an alternate means for those skilled, non-degree holders.
Skill is the essential requirement that a company enlists in its job description. However, the hiring process often emphasizes degrees rather than skills. Skill-based hiring does not mean that the companies are abrogating degree-holders. It means that they are providing equal opportunities for non-degree holders. A degree does not justify the skills and capabilities of a person. They are merely numbers that show academic performances. Skills are innate or come with getting practical exposure.
Skill-based hiring; a new vision
In the 2000s, a degree holder was a criterion in the job description. It demanded that only a person with a four-year degree be eligible for the job. At the time, it set havoc in the market. Many were unemployed after the arrival of this new strategy that seemed inaccessible for a significant number of people. It ultimately brought an imbalance in the economic status. Afterward, this modification was known as degree inflation.
The upset in the balance emerged as the number of degree-holders surpassed those without a degree. This disproportionation occurred as most of them could not afford higher education, and this imbalance is still persistent.
Skill-based learning is a new vision that aims to include low-income communities that are equally potent and skilled. It intends to abridge the gap and provides equal opportunities irrespective of color, race, or class. It is practically addressing the inequity that persists in our community. In this way, it strengthens the ties among people by providing equal opportunities. Skill-based hiring will highlight those talented people who are skilled but lack a particular degree.
You can hire those people as your manager, assistant, or even business partners as they have the skill and experience to combat the world’s challenges. For instance, by setting the criteria of skill-based hiring, you can find someone competent as a real estate partner. His observatory skills will help you to expand your network. His experience will provide you with all the risk factors. In this way, every business will seek benefits from such hiring.
Employees without any degree are equivalent to degree-holders in productivity and credibility. The hiring process should be merit and skill-based, not based on merely a piece of paper. Therefore, every hiring process should be transparent to accommodate every class of people. Whether degree-holder or those who have only skills should be given equal opportunity to bring an environment of harmony and consolidation.