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Companies hire potential over experience

A recent survey from staffing business Walters People, found that almost two thirds of employers (58%) hire staff based on potential, rather than experience or qualification, as demand for skills outstrips supply in the UK.

Added to this, 94% state that their potential based hires have become a valuable part of their team with less than a fifth (17%) of hiring managers expressing concerns about potential based hires having the capability to learn quickly on the job.

65% of employers anticipate a skills shortage in 2020, with the most acute skills shortage being felt at the mid-management (57%) and junior/executive (37%) level – typically where Millennials (25 – 35) and Generation Z (18 – 24) are employed.