Gen Z could wave goodbye to resumes because most companies have turned to skills-based recruitment-and find it more effective, research shows | Fortune
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Gen Z could wave goodbye to resumes because most companies have turned to skills-based recruitment-and find it more effective, research shows | Fortune
"The employers surveyed who use skills-based hiring-which includes role-specific skills assessments, instead of simply scanning someone's listed career experience-reported massive gains. According to TestGorilla's research, it reduced the number of mis-hires by 88%, total time spent searching for the perfect candidate by 82%, and hiring-related costs by 74%. Overall, 92% of the employers surveyed reported that skills-based hiring is more effective at identifying talented candidates than a traditional CV."
"By testing candidates on how they would handle the actual day-to-day responsibilities of a role, employers are more likely to hire the best person for the job instead of being drawn by big names and snazzy titles. As Khyati Sundaram, CEO of the skill-based recruitment platform Applied, previously told Fortune, just because someone has listed on their résumé that they've worked with the SEO team at somewhere alluring like Googl"
Many companies are replacing traditional CV-focused hiring with skills-based assessments, with almost three-quarters now using such tests. Adoption rose from 56% to nearly 75% in a year, driven by employers seeking better predictors of job performance. Skills-based hiring reduced mis-hires by 88%, cut candidate search time by 82%, and lowered hiring costs by 74%. Ninety-two percent of employers found it more effective than CVs, while over 80% said it more accurately predicts on-the-job success and increases employee retention. Role-specific assessments evaluate candidates on actual job tasks rather than titles or past employers.
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