BW CFO World

75% Recruiters Claim Skill-Based Hiring Will Take Centre Stage: Report

The study found that job seekers often adopt a ‘spray and pray’ approach, with a candidate approximately sending out 110 applications

A report on Monday revealed that 75 per cent of recruiters anticipate that skill-based hiring would take centre stage in the coming 18 months.

A HirePro’s report said a job posting usually receives about 250 applicants, but less than 10 get shortlisted underlining the fact that the recruiters are significantly overburdened with resumes vis-a-vis job openings.

The study found that job seekers often adopt a ‘spray and pray’ approach, with a candidate approximately sending out 110 applications. As a result, overwhelmed recruiters may rush their decisions, leading to substandard hires and genuinely qualified candidates getting unintentionally overlooked.

The report uncovered that despite including a plethora of skills on their resumes, many candidates lack substantial professional experience or subject-matter expertise in those areas. It stressed a significant 56 per cent of candidates claim proficiency in skills they have limited knowledge of. 

Furthermore, the study highlighted a concerning trend, with 85 per cent of job seekers making false claims in their resumes, up from 65 per cent a decade ago. The use of standard resume templates, ‘professional’ resume writers, AI tools like ChatGPT exacerbate this problem. Consequently, recruiters have expressed their reservations on resumes, with mere 1 per cent of recruiters relying solely on resumes.

A substantial 92 per cent of job descriptions specified the need for behavioural attributes, only 38 per cent of resumes actually mention these traits, the study added.

Commenting on the report, S Pasupathi, Chief Operating Officer of HirePro, said, “Candidates selected through skill assessments outperform their counterparts in their roles. Notably, our report highlights a substantial difference in performance review scores when comparing individuals hired through skill-based assessments with those hired through traditional methods.”

“This serves as a strong indication that customised skill-based assessments are essential for bridging the skill-gap in most organisations,” he added.