WHAT ARE THE BENEFITS OF SKILLS-BASED PRACTICES?

A skills-based approach to employment creates a more equitable job market that "screens in" for skills rather than "screening out" those that lack traditional credentials like four-year degrees, a barrier which can disproportionately affect adults returning to the workforce or changing jobs, people of color, veterans and the economically disadvantaged.

Skills-based Employment Practices

Deepen the talent pool for employers

Evaluating candidates based on skills unlocks opportunity for the 7 in 10 Americans who don't have a four-year degree.

Increase diversity in the workplace

a focus on skills can reduce bias and result in 30% more qualified candidates from diverse backgrounds

Reducing time to fire by 2-12 days

removing degree requirements can decrease time to hire by 2-12 days, a significant reduction on the average of 24 days

Improvement in retention rate

screening for skills can result in a 50% improvement in retention rate

HOW THE NETWORK WILL DEVELOP AND ADVANCE SKILLS-BASED PRACTICES

  • Convene & Support Champions: Connect and support business leaders in the vanguard of skills-based practices
  • Demonstrate the Case: Improve employers' understanding of the business cases for skills-based practices
  • Improve Capability: Enhance businesses' abilities through knowledge, tools and resources to implement skills-based practices
  • Raise the Profile: Increase awareness of the value of skills-based practices for both employers and U.S. workers
  • Align the Environment: Encourage policymakers and other players in the labor market to support the adoption of skills-based practices

EXAMPLES OF SKILLS-BASED PRACTICES IN ACTION

The founding member companies of the Rework America Business Network have already adopted skills-based practices and are at varying stages of implementation. Highlighted below are skills-based practices from our member companies:

Boeing's Utah Aerospace Pathways program