|By Morley Surcon,
Vice-President Strategic Accounts & Client Solutions, Western Canada at Eagle
With labour supply shortages becoming ubiquitous (in the local business market, provincially, nationally and around the world), forward-thinking companies with means are changing up the hiring strategies used even for technical roles… and especially for new, emerging, hard-to-find skills. When the world was in a “buyer’s market”, employers could ask for a shopping-list of attributes and, with a little patience, they could expect to hire close to an exact version of their “perfect candidate”. This is no longer true and hasn’t been true for some time now… and companies are coming around to the idea.
Progressive companies are more and more often hiring people using criteria that includes some basic level of education/experience along with a number of specific, highly valued, non-technical characteristics. We’re basically talking attitude, aptitude and business/people skills. These companies expect to train new hires to be able to do the jobs for which they are hiring. In this way, they are acquiring smart, motivated employees and investing in them to get them to where they need to be technically. The following chart from recent CompTIA research shows that only 3 of the 9 most desired skills are directly technology related.
One such example of a company looking to invest in training, is AT&T. It has dog-eared $1 billion to re-train their staff to bring their skills sets up to what is needed by the company. Although this appears to be an enormous sum of money, they’ve calculated that it is cheaper to train than to release and (hopefully) re-hire people with the desired technical skill sets. The cost of releasing and then re-hiring is over 20% of the employees’ yearly salaries; and AT&T found that retraining staff has a smaller impact on the actual day-to-day business, they get to keep valuable knowledge-capital in the business, and there is significant improvements in employee engagement, satisfaction and retention.
For independent contractors this message should solidify a couple of things for you:
1) If you are a SME in a particular area and you are able to keep yourself on the leading edge of technological developments, the world is likely to be your oyster. You will be somewhat of a scarce resource and highly coveted.
2) If you find yourself with older, somewhat out-of-date skill sets you might try to emphasize the business/communication skills that you have built or the transferable skills that you are bringing with you. Through an understanding of the role for which you are applying, bring out these soft skills showing how they will help you to become the resource they need. With CRA rules being what they are, you may need to consider taking a permanent role so that the company can invest in your training.
Or… You can invest in yourself, upgrading your skills to better align with the business. But any way you approach it, know that hiring managers are more and more interested in the soft skills applicants bring with them. The following is a list (not exhaustive) of the soft skills employers find valuable. I encourage you to work some of this into your resume and interview conversations!