{"id":322199,"date":"2024-09-13T11:03:40","date_gmt":"2024-09-13T15:03:40","guid":{"rendered":"https:\/\/lgcassociates.com\/?p=322199"},"modified":"2024-09-13T11:03:40","modified_gmt":"2024-09-13T15:03:40","slug":"skills-based-hiring-get-creative","status":"publish","type":"post","link":"https:\/\/lgcassociates.com\/es\/skills-based-hiring-get-creative\/","title":{"rendered":"Skills vs. Degrees | Part 3 of the Skills-Based Hiring Series"},"content":{"rendered":"<h3><b>Skills-Based Hiring: Getting Creative Before, After, and During the Hiring Process<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Over the past couple of weeks, we\u2019ve explored and examined the world of skills-based hiring, specifically within the hospitality industry.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In the <\/span><a href=\"https:\/\/lgcassociates.com\/es\/skills-based-hiring-trend\/\"><span style=\"font-weight: 400;\">first part<\/span><\/a><span style=\"font-weight: 400;\"> of our series, we provided an overview of the skills-based approach with comparisons to the recruiting strategy of a leading Ivy League school. In <\/span><a href=\"https:\/\/lgcassociates.com\/es\/how-to-hire-for-skills\/\"><span style=\"font-weight: 400;\">part two<\/span><\/a><span style=\"font-weight: 400;\">, we unveiled reasons why this approach has failed for companies in the past and consequently, offered 2 concrete places to start <\/span><i><span style=\"font-weight: 400;\">successfully <\/span><\/i><span style=\"font-weight: 400;\">integrating these hiring strategies.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In this final portion, we\u2019ll wrap things up by offering innovative changes to your application process as well as introducing strategies for retaining talent post-hire.<\/span><\/p>\n<h4><b>We\u2019ll cover:<\/b><\/h4>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Creative ways to evaluate candidates\u2019 skills before the interview<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">How to support your talent post-hire to avoid costly turnover<\/span><\/li>\n<\/ul>\n<p><b>\u23bd\u23bd\u23bd\u23bd\u23bd\u23bd\u23bd\u23bd<\/b><\/p>\n<p><span style=\"font-weight: 400;\">As outlined in the second part of this series, one barrier to removing degree requirements is the degree of risk. Without a college education, how can you be sure candidates are qualified?\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The answer: Put their skills to the test.<\/span><\/p>\n<h3><b>Skills Assessments &amp; Projects<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Like standardized tests, skills assessments are an effective way to level the playing field, regardless of formal education. By having all candidates complete the same assessments or projects, you can evaluate their practical knowledge and skills before making a hiring decision.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For example, if you\u2019re hiring a bartender, you might include a quiz in the application that tests their knowledge of drink recipes and customer interaction scenarios. This approach allows you to screen candidates effectively before the in-person interview, letting you focus on whether the applicant is the right culture fit.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For higher-level positions, consider incorporating projects into the application process. If you\u2019re hiring a Marketing Associate, ask candidates to create a strategic plan for a hypothetical client. In the same way, this task lets you assess their skills and expertise before the interview so that you can turn your attention to suitability.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A word of caution, though. When incorporating skills assessments, it\u2019s crucial to ensure that what you&#8217;re asking of applicants is a fair evaluation of their abilities. Avoid over-assessing to the point where candidates are tested on tasks they could easily learn later. The goal is to get a baseline understanding of whether they have the foundational skills needed to succeed in the role from the start.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">While these assessments are a great way to make sure that a candidate can succeed from day one, further education or training may be necessary depending on your goals for their success in the role for the future.\u00a0<\/span><\/p>\n<h3><b>Professional Development Training &amp; Sponsoring Further Education<\/b><\/h3>\n<p><i><span style=\"font-weight: 400;\">Why should you care about keeping your employees when you can fill their spot if they quit or have to be terminated?\u00a0<\/span><\/i><\/p>\n<p><i><span style=\"font-weight: 400;\">Answer: Because it costs you too much time and money.<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400;\">Turnover is a significant challenge in any industry, but it\u2019s particularly severe in hospitality. According to the <\/span><a href=\"https:\/\/www.bls.gov\/news.release\/pdf\/jolts.pdf\"><span style=\"font-weight: 400;\">Bureau of Labor Statistics<\/span><\/a><span style=\"font-weight: 400;\">, the <\/span><span style=\"font-weight: 400;\">average turnover rate in the hospitality industry is 73.8%, annually<\/span><span style=\"font-weight: 400;\">. This high rate not only disrupts operations but also results in substantial costs.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">When you lose an employee, you\u2019re not just down a person. The price of losing an employee can include: advertising, screening, and hiring a replacement; loss of productivity in the meantime due to slowed production and errors; the cost of training a new employee; and more. Overall, losing a salaried or hourly worker <\/span><a href=\"https:\/\/www.peoplekeep.com\/blog\/employee-retention-the-real-cost-of-losing-an-employee\"><span style=\"font-weight: 400;\">can cost a business thousands of dollars<\/span><\/a><span style=\"font-weight: 400;\"> to find someone new. Thus, to avoid turnover in any capacity, it\u2019s important to<\/span> <span style=\"font-weight: 400;\">put as much time into talent management as you do talent recruitment.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It\u2019s no surprise that employees benefit from professional development training, but the statistics show that companies see positive results as well. <\/span><a href=\"https:\/\/www.forbes.com\/sites\/ryanrobinson\/2019\/05\/03\/leaders-workplace-create-time-deep-learning\/\"><span style=\"font-weight: 400;\">Forbes reports<\/span><\/a><span style=\"font-weight: 400;\"> that organizations with comprehensive professional development training, (i.e., <\/span><a href=\"https:\/\/www.coffeepals.com\/blog\/maximizing-potential-15-professional-development-activities-for-any-workplace\"><span style=\"font-weight: 400;\">leadership workshops<\/span><\/a><span style=\"font-weight: 400;\">, skills enhancement activities, educational seminars, re-training on areas of struggle, etc), yield<\/span><span style=\"font-weight: 400;\"> 218% higher income per employee as well as a 24% higher profit margin overall.<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In addition to professional development and training, other educational benefits such as sponsored education and tuition reimbursement are in high demand. A <\/span><a href=\"https:\/\/www.brighthorizons.com\/-\/media\/BH-New\/Newsroom\/Media-Kit\/Bright-Horizons-2022-Education-Index\"><span style=\"font-weight: 400;\">2022 study<\/span><\/a><span style=\"font-weight: 400;\"> found that <\/span><span style=\"font-weight: 400;\">80% of workers would be more loyal to a company<\/span><span style=\"font-weight: 400;\"> that invests in their education, and <\/span><span style=\"font-weight: 400;\">79% would be more willing to stay in their current position<\/span><span style=\"font-weight: 400;\"> if the organization supported these opportunities.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With continued support for your skills-based hires &#8211; and employees as a whole &#8211; you will see increased employee retention and loyalty. The numbers don\u2019t lie, the more supportive you are of growing alongside your employees, the less money you\u2019ll lose and the less turnover you\u2019ll see.\u00a0<\/span><\/p>\n<h3><b>Skills vs. Degrees Series In Summary<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Switching to a skills-based hiring model requires thoughtful implementation. The benefits are far beyond what we have discussed in our three part series, but seeing the fruit of those benefits takes time. With any large-scale change, there\u2019s a tendency to lose hope when you don\u2019t see immediate results.\u00a0 Our advice is to be patient and keep at it.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The truth is, the strategies that many companies use in their hiring practices favor degrees over skills, deeming many technically qualified candidates unfit for consideration. With over <\/span><a href=\"https:\/\/www.cnbc.com\/2024\/02\/19\/job-posts-for-workers-without-degrees-are-booming-but-not-the-hiring.html\"><span style=\"font-weight: 400;\">62% of the U.S. working population<\/span><\/a><span style=\"font-weight: 400;\"> lacking a four-year degree, there\u2019s an incredible amount of talent out there that could be the perfect fit for your company.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It may seem unorthodox, but hiring for skills is here to stay. Embrace this change and revolutionize the way you hire in 2024 and beyond.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><em>In other news&#8230;<\/em><\/p>\n<p><a href=\"https:\/\/lgcassociates.com\/es\/holiday-staffing-myths\/\"><img decoding=\"async\" class=\"alignnone size-medium wp-image-322200\" src=\"https:\/\/lgcassociates.com\/wp-content\/uploads\/2024\/09\/Blog-Graphics-3-300x180.png\" alt=\"\" width=\"300\" height=\"180\" srcset=\"https:\/\/lgcassociates.com\/wp-content\/uploads\/2024\/09\/Blog-Graphics-3-300x180.png 300w, https:\/\/lgcassociates.com\/wp-content\/uploads\/2024\/09\/Blog-Graphics-3-480x288.png 480w, https:\/\/lgcassociates.com\/wp-content\/uploads\/2024\/09\/Blog-Graphics-3-768x461.png 768w, https:\/\/lgcassociates.com\/wp-content\/uploads\/2024\/09\/Blog-Graphics-3-980x588.png 980w, https:\/\/lgcassociates.com\/wp-content\/uploads\/2024\/09\/Blog-Graphics-3.png 1000w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a>\u00a0 \u00a0 \u00a0 \u00a0 <a href=\"https:\/\/lgcassociates.com\/es\/skills-based-hiring-trend\/\"><img decoding=\"async\" class=\"alignnone size-medium wp-image-322196\" src=\"https:\/\/lgcassociates.com\/wp-content\/uploads\/2024\/08\/77-300x180.png\" alt=\"skills-based hiring\" width=\"300\" height=\"180\" srcset=\"https:\/\/lgcassociates.com\/wp-content\/uploads\/2024\/08\/77-300x180.png 300w, https:\/\/lgcassociates.com\/wp-content\/uploads\/2024\/08\/77-480x288.png 480w, https:\/\/lgcassociates.com\/wp-content\/uploads\/2024\/08\/77-768x461.png 768w, https:\/\/lgcassociates.com\/wp-content\/uploads\/2024\/08\/77-980x588.png 980w, https:\/\/lgcassociates.com\/wp-content\/uploads\/2024\/08\/77.png 1000w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a>\u00a0 \u00a0 \u00a0 \u00a0 <a href=\"https:\/\/lgcassociates.com\/es\/flexible-scheduling-hospitality-industry\/\"><img decoding=\"async\" class=\"alignnone size-medium wp-image-322185\" src=\"https:\/\/lgcassociates.com\/wp-content\/uploads\/2024\/09\/Blog-Graphics-1-300x180.png\" alt=\"\" width=\"300\" height=\"180\" srcset=\"https:\/\/lgcassociates.com\/wp-content\/uploads\/2024\/09\/Blog-Graphics-1-300x180.png 300w, https:\/\/lgcassociates.com\/wp-content\/uploads\/2024\/09\/Blog-Graphics-1-480x288.png 480w, https:\/\/lgcassociates.com\/wp-content\/uploads\/2024\/09\/Blog-Graphics-1-768x461.png 768w, https:\/\/lgcassociates.com\/wp-content\/uploads\/2024\/09\/Blog-Graphics-1-980x588.png 980w, https:\/\/lgcassociates.com\/wp-content\/uploads\/2024\/09\/Blog-Graphics-1.png 1000w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p><em>Have you followed us on social media?<\/em><\/p>\n<p><a href=\"https:\/\/www.instagram.com\/lgcstaffing\/\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" class=\"alignnone\" src=\"https:\/\/cdn2.iconfinder.com\/data\/icons\/social-media-2285\/512\/1_Instagram_colored_svg_1-128.png\" alt=\"Instagram icon\" width=\"46\" height=\"46\" \/><\/a>\u00a0 \u00a0\u00a0<a href=\"https:\/\/www.facebook.com\/lgcstaffing\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" class=\"alignnone\" src=\"https:\/\/cdn1.iconfinder.com\/data\/icons\/social-media-2285\/512\/Colored_Facebook3_svg-128.png\" alt=\" Facebook icon\" width=\"46\" height=\"46\" \/><\/a>\u00a0 \u00a0\u00a0<a href=\"https:\/\/www.linkedin.com\/company\/lgc-staffing\/mycompany\/verification\/\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" class=\"alignnone\" src=\"https:\/\/cdn2.iconfinder.com\/data\/icons\/social-media-2285\/512\/1_Linkedin_unofficial_colored_svg-128.png\" alt=\"Linkedin Icon\" width=\"46\" height=\"46\" \/>\u00a0\u00a0\u00a0<\/a><a href=\"https:\/\/www.tiktok.com\/@lgcstaffing\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" class=\"alignnone\" src=\"https:\/\/seeklogo.com\/images\/T\/tiktok-app-icon-logo-0F5AD7AE01-seeklogo.com.png\" alt=\"TikTok App Icon Logo PNG Vector (SVG) Free Download\" width=\"47\" height=\"47\" \/>\u00a0 \u00a0<\/a><a href=\"https:\/\/www.threads.net\/@lgcstaffing\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" class=\"alignnone wp-image-321915\" src=\"https:\/\/lgcassociates.com\/wp-content\/uploads\/2024\/07\/download-150x150.png\" sizes=\"(max-width: 47px) 100vw, 47px\" srcset=\"https:\/\/lgcassociates.com\/wp-content\/uploads\/2024\/07\/download-150x150.png 150w, https:\/\/lgcassociates.com\/wp-content\/uploads\/2024\/07\/download.png 225w\" alt=\"\" width=\"47\" height=\"47\" \/><\/a><\/p>\n<p><em>To get connected with our new app, StaffNow, check out our Linktree!<\/em><\/p>\n<p><a href=\"https:\/\/linktr.ee\/lgcstaffing\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" class=\"alignnone wp-image-321917\" src=\"https:\/\/lgcassociates.com\/wp-content\/uploads\/2024\/07\/Untitled-design-9.png\" alt=\"\" width=\"221\" height=\"133\" \/><\/a><\/p>\n<hr \/>\n<h4><b>About\u00a0<span style=\"color: #ff0000;\">LGC<\/span><\/b><\/h4>\n<p><span data-contrast=\"none\">Since 2003 LGC has been building connections between businesses with staffing needs and job seekers looking for new opportunities. Our range of solutions includes temporary and permanent placements (and everything in between) for a variety of industries. With offices located nationwide, we can tap into a dynamic pool of talented professionals. We have a passion for creating partnerships that last and work hard every day to ensure both clients and candidates reach their employment goals.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>Skills-Based Hiring: Getting Creative Before, After, and During the Hiring  [&#8230;]<\/p>\n","protected":false},"author":90,"featured_media":322198,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[64],"tags":[752,947],"class_list":["post-322199","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-employers","tag-employers","tag-skills-based-hiring"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - 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