Trying to summarize every job you’ve ever had and then distill that onto a two-page résumé has been the bane of job hunter’s existence since around the 1950s. Fortunately, for Gen Z, it’s something they might never have to bore themselves with.
That’s because new research shows that many companies are moving away from relying on the traditional job application requirement.
In fact, almost three-quarters of companies now use skills-based assessments throughout their hiring process, according to TestGorilla’s The State of Skills-Based Hiring 2023 report which surveyed 3,000 employees and employers around the world. This is up from 56% last year.
Although many of those employers are still also using CVs, it might not be long until they’re a thing of the past because most bosses are already favoring the new hiring practice and reporting big results.
Skills-based hiring is more effective, the data shows
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. Meanwhile, over 80% said it’s more predictive of on-job success and leads...
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Published by: Book Club