Skill-Based Compensation: Designing Pay Structures for a Skills-Driven Economy

Categories
Pay Transparency

Imagine two employees in the same role, but one consistently solves complex problems, learns new technologies faster, and brings measurable value to projects. Should both be paid the same just because they hold the same title? In today’s fast-changing economy, the answer is increasingly no. This is where skill based compensation steps in, a pay […]

Skill-Based Hiring vs Degree Hiring: Key Differences

Categories
AI and HR, Business, Labour Market

The talent market is changing fast, and so are the ways companies evaluate potential employees. For decades, job postings have focused heavily on degrees, certifications, and years of experience. But today, more organizations are asking a fundamental question: What can this candidate actually do? This shift has led to a growing debate around skill based […]

Using Workforce Planning Tools to Close Skill Gaps

Categories
Productivity, Skills

Did you know that over 70% of employers worldwide report facing a shortage of critical skills within their workforce? This growing challenge highlights a key issue: traditional hiring and training methods are not enough to keep pace with today’s rapidly changing business landscape. That’s where workforce planning tools come into play. In this article, we’ll […]

How to Conduct a Skill Gap Analysis (Step-by-Step)

Categories
Corporate Sustainability, Skills

Did you know that 87% of companies worldwide admit they either already have a skill gap or expect to face one within the next five years? This issue directly affects productivity, innovation, and employee retention. That’s where skill gap analysis becomes a powerful tool. A skill gap analysis helps organizations identify the difference between the […]

Benefits of Skill-Based Hiring for Employers and Candidates

Categories
AI and HR, Business, Skills

Have you ever wondered how many talented people are overlooked simply because their résumés don’t fit the traditional mold? In today’s fast-changing job market, employers are realizing that degrees and job titles don’t always guarantee success. This is where the benefits of skill-based hiring come into play. Skill-based hiring, also called skills-first hiring, focuses on […]

Skill-Based Hiring: A Complete Guide to Skills-First Talent Acquisition

Categories
HR NEWS, Skills

Imagine rejecting a brilliant candidate just because they don’t have a degree—only to see them excel at a competitor’s company. This is the problem traditional hiring creates, and why skill-based hiring has become a game-changer in modern talent acquisition. Instead of focusing on degrees, job titles, or years of experience, skill-based hiring emphasizes what truly […]

Why Skill Gaps Are a Top Workforce Challenge

Categories
Future of Work, Professional Development

Did you know that 87% of executives say their organizations are already experiencing a skills gap or expect to within the next five years? This isn’t just a passing concern. The importance of skill gap in shaping business outcomes has never been more pressing, as companies across industries face mounting challenges in aligning talent with […]

Skill Gap vs Knowledge Gap: Key Differences

Categories
Corporate Sustainability, Enterprise-level Information

When companies talk about employee performance, two terms often appear side by side: skill gap and knowledge gap. At first glance, they may seem interchangeable. After all, both affect how well employees perform at work. But in reality, the distinction between the two is critical. Understanding skill gap vs knowledge gap helps leaders make smarter […]

What Is a Skill Gap? How to Identify and Close Them for Business Growth

Categories
Corporate Sustainability, Enterprise-level Information

Have you ever wondered why some organizations struggle to keep pace with change even when they have the right number of employees? The answer often lies in a skill gap—a mismatch between the skills employees possess and the skills businesses actually need. In today’s rapidly shifting workplace, understanding and addressing this gap isn’t just an […]

How to Choose the Right Skills-Based Workforce Planning Tool

Categories
Corporate Sustainability, Productivity

Imagine trying to run a business without knowing the exact skills your employees bring to the table. You may have plenty of headcount, but do you really have the capabilities needed to meet tomorrow’s challenges? This is where a skills-based workforce planning tool becomes essential. As technology accelerates, workforce requirements are evolving faster than ever. […]

Skills-Based Workforce Planning Tools: The Ultimate Guide for HR Leaders

Categories
Corporate Sustainability

What if your organization could perfectly align its talent with business goals, every role filled with the right skills, at the right time, without overstaffing or skill shortages? That’s exactly what a skills-based workforce planning tool can help you achieve. In today’s rapidly changing work environment, traditional headcount planning no longer works. Businesses need to […]

Top Human Capital Risks in 2025 (and How to Prepare for Them)

Categories
Sustainable Workforce

The year 2025 is here — and with it comes a rapidly evolving workplace. Businesses across industries are asking the same question: what human capital risks could threaten workforce performance this year? From talent shortages to rising employee expectations, understanding the key challenges ahead is no longer optional — it’s essential for sustainable growth. In […]