Only 12% of companies feel effective at skill validation, leading to concerns when implementing skills-first hiring approach.
Companies often rely on resumes or self-reported skills to assess talent, with 26% feeling confident in their current skills approach.
Some obstacles to skill-based hiring adoption include resistance to change, technological limitations, lack of alignment on skills definition, and compliance concerns.
More companies are developing formal skills-based infrastructures to close talent gaps and address future talent shortages.