The Rise of Skill-based Hiring

Companies worldwide are struggling to attract and retain highly skilled workers.

Research conducted by Dr. Bradford Smart, author of Topgrading, shows that the estimated cost of a bad hire can range between 5 to 27 times the candidate’s annual salary.

Companies who apply skills-based hiring have stated benefits such as:

• being able to tap into a broader, more diverse pool of talented individuals
• a more efficient hiring process, resulting in faster ‘time-to-hire’
• decrease in job advertising expenses and less time spent on training

Article: Why Skill-based Hiring Is On The Rise – Forbes