Glen Callum Associates has announced it will be addressing the ongoing talent shortages in the sector by providing practical advice and solutions.
This will include sharing insights on how businesses can overcome recruitment challenges and thrive in today’s competitive landscape by adopting a ‘skills-based hiring’ strategy.
The current recruitment market presents significant challenges, with the UK unemployment rate reportedly at 4.4% and an estimated 904,000 vacancies between March and May 2024, which is 12% above pre-COVID levels. Additionally, 93% of hiring managers have reportedly expressed concerns about continued talent shortages.
Glen Callum Associates advise an effective solution to these talent shortages is adopting a skills-based approach to hiring. This method prioritises a candidate’s skills, adaptability and potential over traditional job titles or industry experience.
Skills-based hiring evaluates candidates through practical tasks and scenario-based questions, focusing on both hard skills, such as data analysis, and soft skills, like communication and leadership.
The approach has reportedly been implemented by 40% of UK recruiters and has led to 43% of businesses shifting their job adverts to focus on skills and competencies rather than qualifications. What’s more, 20% of businesses have reportedly removed degree requirements from job adverts.
In today’s competitive landscape, the top skills said to stand out to SMEs include a good work ethic, with 38% of businesses valuing this trait highly. Following closely, 37% are said to prioritise team players, while 31% value quick learners. Confidence is said to be key for 27% of SMEs, and the ability to work under pressure is crucial for another 26%. Additionally, 26% of businesses look for candidates who are a good personality fit for their company.
Kayleigh Bradley, Senior Recruiter at Glen Callum Associates, said: “Skills-based hiring offers numerous advantages. It reduces the time to hire by streamlining the recruitment process and decreases hiring costs by lowering expenses associated with lengthy recruitment phases. This approach also improves diversity, attracting a broader range of candidates from diverse backgrounds. It enhances talent attraction by drawing in candidates who are genuinely interested and engaged.”
Importantly, companies with solid skills-based hiring practices saw a 17% increase in employee retention and a 23% increase in productivity, according to a 2023 study by Deloitte.
To implement a skills-based approach, businesses should consider removing degree requirements from job adverts to attract a wider pool of candidates, advises Glen Callum Associates.
Updating job descriptions to emphasise the skills required for the job and providing a clear list of responsibilities, rather than an exhaustive list of previous experiences and qualifications, is also crucial, the specialist urges.
Additionally, using skills-based assessments, such as online tests or scenario-based questions during the interview process, can be highly effective. While this approach may not be applicable to all positions, it is an efficient way of recruiting for many roles.
Kayleigh added: “At Glen Callum Associates, we understand the importance of broadening the talent pool by recognising transferable skills from allied industries. This not only addresses the skills gap but also brings fresh perspectives and innovative approaches to our sector. By adopting a skills-based approach, businesses can attract passionate and capable individuals, contributing towards a more diverse and dynamic workforce.”
