Gen Z could wave goodbye to resumes because most companies have turned to skills-based recruitment-and find it more effective, research shows | Fortune

"In fact, almost three-quarters of companies now use skills-based assessments throughout their hiring process, according to TestGorilla's The State of Skills-Based Hiring 2023 report which surveyed 3,000 employees and employers around the world. This is up from 56% last year. Although many of those employers are still also using CVs, it might not be long until they're a thing of the past because most bosses are already favoring the new hiring practice and reporting big results."

"According to TestGorilla's research, it reduced the number of mis-hires by 88%, total time spent searching for the perfect candidate by 82%, and hiring-related costs by 74%. Overall, 92% of the employers surveyed reported that skills-based hiring is more effective at identifying talented candidates than a traditional CV. Meanwhile, over 80% said it's more predictive of on-job success and leads to new hires staying longer in their roles."

Almost three-quarters of companies now use skills-based assessments throughout hiring, up from 56% the prior year. Employers using skills-based hiring replaced CV screening with role-specific skills assessments and reported large gains. Mis-hires fell by 88%, candidate search time declined by 82%, and hiring-related costs dropped by 74%. Ninety-two percent of employers find skills-based hiring more effective at identifying talented candidates than a traditional CV, and over 80% say it better predicts on-job success and increases retention. Skills tests evaluate day-to-day abilities, reducing bias toward big names and titles.

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