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Introduction

The United States is experiencing a massive transformation in its job market. There was the golden ticket, which would provide the future of a successful career, and that was the college degree many years ago. However, that was not the case nowadays. The world now is aiding individuals in the proper fitting of jobs since skills are becoming more appreciated than degrees.

So what is in store? As Degrees to Skills says.

The degree-centric hiring, unfortunately, is depreciated by a number of reasons:

• Presence of the Fast Tech Development: The traditional systems of education do not progress at the same pace as the new technology changes. Perhaps, when a student graduates, some of the information that he or she obtained is out of date. The employers now desire to have the person who can conscientiously adapt and learn the job, as opposed to having a diploma.
• Talent Shortages: Specific sectors like health, information technology, and professional handicrafts are experiencing a gigantic labor deficit. To address such gaps, employers are getting rid of degree requirements and focusing on competency-based tests.
• Education Cost: College is fast turning out to be uneconomical to access. Since learning is expensive, the talented individuals usually go to other learning programs, which are online learning certification courses, boot camps, and vocational training to give them practical skills at a very low cost.

What is Skills-Based Hiring?

Skills-based recruitment involves a situation whereby the employer renders judgments on the individuals based on their skills, experience, and potential rather than using academic achievement. The strategy typically involves:

• Skills Assessments: Tests used to measure technical and non-technical abilities.
• RMP Reviews: Reviews of work samples or real-life projects.
• Practical Interviews: The on-the-job problem-solving tests in the job process.

This will act as a measure to ensure that the most deserving person is offered the job and does not take the job based on his or her study qualifications.

Skills-Based Hiring Benefits

For Employers

• Expanded Amount of Talents: With the removal of the degree boundaries, a large number of talent resources are accessed.
• Low Turnover: Experienced workers would most probably remain in the business as they are confident of their abilities.

To Job Seekers

• Equal Opportunity: The degree holders and non-holders will get equal opportunity.
• Faster Career growth: Skills can be learned relatively quickly through certification and exposure to a level of practice.
• Higher Earning Potential: It has been seen that there are many professional jobs that do not require a degree but get paid a lot, such as an IT technician, sales, mechanic, electrician, and so on.

The First Industries Launching the Change

The skills workforce approach of hiring has been embraced by a number of industries:

• Technology: Most firms these days do not require degrees to fill most of their positions, e.g., Google and IBM.
• Healthcare: Jobs like a medical assistant and even technicians stress more on certification than on a degree.
• Skilled Trades: Electricians, plumbers, and HVAC technicians have a licensing and apprenticeship system with no college diploma required.

How Job Seekers Can Adapt

Here is how you can be competitive in the job market or when looking to switch careers:

• Buy Certifications: Platforms such as Coursera, Udemy, and LinkedIn Learning are a few options to invest in certifications.
• Compile a Portfolio: Display your contribution as projects, case studies, or GitHub repositories.
• Networking: Become a member of industry organizations, subscribe to webinars, and connect to other professionals on LinkedIn.

Hiring Future

The skills-based hiring is here to stay. Recent studies have found that more than 70 percent of employers consider hiring individuals who do not hold a degree if they exhibit the appropriate skills. Such a shift is not only rewarding to the people seeking jobs, but also assists businesses to prosper through the increasingly broad and colorful base of available talent.