Unlock skill-first hiring with HackerEarth today

Learn more
piller_image

Why Organizations Should Not Stop Skill Assessment Post Hiring

According to a slightly dated but still relevant research, top performers are 400% more productive than average workers in an organization. For a SaaS company, these “10x developers” could very well be responsible for accomplishing about 80% of the work your team gets done.

Skilled developers are hard to find as is. So, when you have heavy lifters in your team, it’s important to give them every opportunity to grow and enhance their skill set; thereby helping your business in the long run. One of the ways you can do this is through ingraining a continuous skill assessment process into your work day. 

Yes, you already did a skill assessment when hiring your team.

However, it shouldn’t just stop there. 

Let me tell you why. According to a 2018 McKinsey Global Institute report, as many as 375 million workers (approximately 14% of the global workforce) will have to change by 2030 because of digital transformation, automation, and advancements in Artificial Intelligence. 

This rapid rate of tech advancement has opened up a ‘skill gap’ in our industry. Businesses are looking to predict upcoming needs and trends and be product-ready for the future, but they are working with teams that are not equipped to handle these demands. Many companies focus on hiring developers who can fill an immediate gap, rather than on people they can develop over the course of a career. Add to this the demands of a rapidly changing workplace and further gaps soon appear.

This skill gap, if left unchecked, can cause:

  • A loss in productivity across your tech teams
  • A higher rate of attrition among your top developers
  • Lowered employee morale
  • A dip in work quality
  • Roadblocks in business expansion
  • An inevitable loss of revenue

When you extrapolate these problems out across the entire tech industry, the issues become even more significant. Talent shortages caused by the skill gap could become widespread, recruiters would have a hard time finding role-specific personnel, and most importantly; there could also be a lack of skilled managers to train novice team members. Building future-ready teams in the present would then just be a pipe dream. 

Currently, most companies fix this skill gap short term by outsourcing or hiring more contract/temporary workers. This is, however, not a strategic long-term solution. The better practice is to hire good developers and help them grow and adapt to changing business needs through constant learning and development. 

Research shows that companies that invest in L&D see a 10% increase in their employees’ productivity. Upskilling teams is also considerably more cost-effective than replacing members with new hires. Apart from providing high quality learning content a critical step in creating an efficient L&D program is identifying the existing skill gap in your organization, and monitoring employee progress on a regular basis. This is where continuous skill assessment comes into play. 

 


Suggested Reading: Building Future-Ready Tech Teams 


Continuous skill assessment can amplify L&D.

Skill assessment can add to your organization’s learning and improvement program. When used properly, it’ll help you provide constant feedback on your team’s progress and problems, and intervene in a timely manner where needed. 

4 ways how skill assessment helps tech teams
4 key reasons to implement continuous skill assessment for your tech team

 

With a well-structured continuous skill assessment process, you can easily:

  • Define and create a skills inventory for your team
    Begin by defining competencies needed for each job, or job family. Using a standardized framework will help you search and analyze the data to determine staff and skills gaps.
  • Assign individuals to teams or projects based on knowledge and skill set
    IBM has a tool called Talent Match that allows leaders to identify employees with specific verified skills. A similar skills inventory for your workplace can help you put your best developer on the job every single time and get the best ROI for your effort.
  • Create a learning culture
    With the skills inventory in place, you can support a continuous learning culture in your organization where employees, managers, and teams are individually, and collectively, responsible for seeking out the knowledge or skills required. In addition, knowledge and skills are shared among teams, coaching and mentoring is done easily, and the end result is a more agile organization.
  • Guard against groupthink
    It is vital that members have formal structured learning so that everyone in the team has the scope and depth of skills needed to support each other’s work. This diversity in knowledge and expertise also has another benefit. It guards against groupthink which can very easily lead your team down the wrong path.

 

 

None of this, however, is a one-time activity. 

Technology and related business needs are always changing, so it is important your skills inventory, and the skill assessment process also is adaptive.

I recommend leaders use an iterative approach to maintaining a continuous skill assessment program. For instance, skill competency reviews can be done in tandem with performance review cycles, thereby ensuring that teams are up to date with business requirements. This will also provide a better benchmark to adjust the skill assessment if so needed.

Keeping pace in a rapidly evolving world requires a workforce that is nimble, and can quickly identify the right skills and the people who possess them. This can only be done with a structured, standardized, and continuous model of skill evaluation and development.

As someone wisely said, innovation comes with learning, right?

Hackerearth Subscribe

Get advanced recruiting insights delivered every month

Related reads

Recruitment Workflow Process: A Complete Guide
Recruitment Workflow Process: A Complete Guide

Recruitment Workflow Process: A Complete Guide

Finding the perfect fit for your team can feel like searching for a unicorn. But fret not, fellow recruiters! Having a well-defined recruitment…

Conquer Your Hiring Challenges: Top Recruiting Software Picks for Small Businesses in 2024
Conquer Your Hiring Challenges: Top Recruiting Software Picks for Small Businesses in 2024

Conquer Your Hiring Challenges: Top Recruiting Software Picks for Small Businesses in 2024

In today’s competitive job market, attracting and keeping top talent is crucial for small businesses to thrive. But for busy small business owners…

How To Become A Technical Recruiter: Your Guide to Launching a Rewarding Career
How To Become A Technical Recruiter: Your Guide to Launching a Rewarding Career

How To Become A Technical Recruiter: Your Guide to Launching a Rewarding Career

The tech industry thrives on innovation, and at the heart of that innovation lies a crucial role: the technical recruiter. Why Technical Recruiting…

How To Use Live Coding Interviews in Tech Recruiting?
How To Use Live Coding Interviews in Tech Recruiting?

How To Use Live Coding Interviews in Tech Recruiting?

In the fast-paced world of tech recruiting, finding the perfect candidate can feel like searching for a needle in a haystack. Resumes can…

Building a Strong Talent Pipeline: Strategies for Effective Sourcing and Engagement
Building a Strong Talent Pipeline: Strategies for Effective Sourcing and Engagement

Building a Strong Talent Pipeline: Strategies for Effective Sourcing and Engagement

Struggling to find the perfect candidate when a position opens up? Build a strong talent pipeline to streamline your hiring process and have…

How to Build a High-Performance Team
How to Build a High-Performance Team

How to Build a High-Performance Team

A high-performance team thrives by fostering trust, encouraging open communication, and setting clear goals for all members to work towards. By focusing on…

Hackerearth Subscribe

Get advanced recruiting insights delivered every month

View More

Top Products

Hackathons

Engage global developers through innovation

Hackerearth Hackathons Learn more

Assessments

AI-driven advanced coding assessments

Hackerearth Assessments Learn more

FaceCode

Real-time code editor for effective coding interviews

Hackerearth FaceCode Learn more

L & D

Tailored learning paths for continuous assessments

Hackerearth Learning and Development Learn more