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Money MindHub > Investing > No. 1 Skill Hiring Companies Want Is One That’s Hard to Find
Investing

No. 1 Skill Hiring Companies Want Is One That’s Hard to Find

MoneyMindHub June 7, 2024
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No. 1 Skill Hiring Companies Want Is One That's Hard to Find
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As AI continues to make its mark on the workforce, job applicants who possess the soft skills that computers can’t replicate entirely — at least not yet — are in high demand.

In fact, according to LinkedIn’s 2024 Most In-Demand Skills list, “human” or “durable” skills remain “business-critical” despite the shifting technological landscape.

Some of the most sought-after soft skills are very familiar: communication, leadership, teamwork and problem-solving all appear in the top 10 included on LinkedIn’s list.

Related: This Is the No. 1 Skill You Must Master to Succeed at Work in 2024, According to a Tech CEO

Management services company ADP’s recent survey, which asked more than 1,500 businesses which skills they prioritize the most when considering new hires, corroborates those findings — with one noteworthy exception.

For small and mid-size businesses seeking new hires, “strong work ethic” was the most prioritized skill (53% and 40%, respectively), and it was the second most important for large businesses (42%), which cited “the ability to work on a team” as their No. 1 (45%).

However, all businesses, regardless of size, agreed that a “strong work ethic” was the most difficult skill to find in new hires, per ADP’s research: 36% of small and mid-size businesses and 33% of large businesses.

Related: The Best Hires Often Have No Experience At All. Here Are 6 Unconventional Traits This CEO Looks for When Hiring the Best Person for the Job.

The definition of a “strong work ethic” might vary depending on who you ask, especially if they’re from different generations. Some business leaders complain that Gen Z employees “lack work ethic” and “are difficult to manage” and go so far as to avoid hiring them, CNBC Make It reported.

See also  Buying £350 a month of UK stocks for 9 years could give an investor this

Some of the other skills and traits that at least 20% of responding businesses told ADP they have trouble finding in candidates include “self-starter,” “critical thinking,” “time management,” “problem-solving,” “flexibility/adaptability” and “industry-specific knowledge.”

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