Imagine losing out on a dream job, not because you lack the skills, but because you don’t have a formal degree. For 70 million who are skilled through alternative routes—this is a frequent challenge and a disheartening reality. These talented professionals represent almost half of the U.S. workforce, but degree requirements often prevent them from fully accessing upward mobility.
Despite progress, labor shortages remain a pressing challenge, with 75% of global employers struggling to find the right talent. According to a Manpower Report, talent shortages persist across organizations of all sizes and industry verticals, exacerbated by rigid degree requirements.
With global talent shortages at an all-time high, it is essential to challenge outdated hiring practices and advocate for a future built on the foundation of skills-first hiring.
The current job market continues to disproportionately favor candidates with formal degrees, highlighting the need for a shift toward more equitable hiring practices. For instance, 69% of newly created roles between 2012 and 2019 required a bachelor’s degree, despite nearly half of the workforce being skilled through alternative routes. This imbalance excludes millions of skilled individuals from meaningful career growth opportunities.
Furthermore, studies reveal that 90% of large organizations use some form of automated Applicant Tracking System (ATS) to screen resumes, which filters out about half of all applications. Additionally, research adds that over 60% of employers reject otherwise qualified candidates due to the lack of a bachelor’s degree.
Given the current situation, it is unfortunate that college degrees, which once opened doors to endless opportunities, are now hindering career growth for millions of skilled talent.
Skills-first hiring focuses on candidates’ skills over their academic credentials. It encourages employers to prioritize their skillsets, abilities, and competencies over educational qualifications or prior job experiences. This approach:
As industries evolve, adaptability and rapid skill acquisition are more valuable than ever. For example, in fields like IT, where skills evolve constantly, a worker trained in cybersecurity or AI through nontraditional means can bring equal or even greater value compared to someone with a formal degree.
By adopting a skills-first hiring model, organizations enhance their talent solutions to better match the demands of today’s dynamic job market.
Skills-first hiring is not just an ethical imperative—it is a business necessity. 65% of hiring managers now prioritize practical skills over formal education, redefining what success looks like in today’s job market. By integrating skills-first practices into their talent solutions, businesses can effectively address skill gaps while fostering workplace innovation.
As per the recent LinkedIn data, the skills required by employees for a given position have shifted by over 25% since 2015 and are expected to double by 2027. Employers adapting to this trend gain access to larger, more qualified talent pools and improved employee retention.
At Pyramid Consulting, we do not just advocate for the skills-first revolution; we are leading it through initiatives like Hoonr™, a program designed to prioritize skills over formal credentials. As a key part of our talent solutions, Hoonr ensures that businesses can access the best candidates based on their proven skills, not their educational background.
Through Hoonr, we have embraced a skills-first philosophy that transforms how we source and deploy talent. By focusing on rigorous skills assessments and project-based performance, we eliminate reliance on traditional resumes. Hoonr ensures:
The skills-first revolution is reshaping the future of work—and we are proud to be at the forefront. Together, we can create a job market that values capability, innovation, and inclusivity.
Join the skills-first revolution with Pyramid Consulting. Learn more about Hoonr!
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