Moneyzine
Contents
/Careers Guides/Skillset (Skill-Set)

Skillset (Skill-Set)

Moneyzine Editor
Author: 
Moneyzine Editor
1 mins
September 26th, 2023
Advertiser Disclosure

Definition

The term skillset is used to describe a combination of abilities that align with the job requirements of a profession. A set of skills is typically acquired over time through a combination of formal training and on-the-job experiences.

Explanation

Also known as a skill set, a skillset can refer to functional abilities as well as categories of skills. When a job is posted, it will normally include a description of the skillsets the hiring manager believes a candidate needs to possess to be successful in the position. The following are broad categories of skillsets:

  • Soft Skills: includes leadership, coaching, communication, teamwork and collaboration, flexibility, problem solving, negotiating, and conflict resolution.

  • Hard Skills: includes data mining, software applications, manipulating spreadsheets, operating machinery, talent development, and strategic planning.

  • Functional Skills: includes human resources, financial planning and analysis, call center operations, information technology, research and development, and waste stream management.

When applying for an open position, it is important that a job candidate's resume contains all of the skillsets appearing in the job's requirements. As part of the application screening process, each resume is evaluated to see how it aligns with the skillsets appearing on the job posting.

Related Terms

Related Content

  • Is It Worth Pursuing a Master's Degree?
    In an era where education is synonymous with opportunity, many consider pursuing a Master's degree a surefire way to advance their careers. However, is it really the golden ticket to success we've been led to believe?
    December 6th, 2024
  • The gender pay gap, the persistent disparity in average earnings between men and women throughout their careers, serves as a critical measure of wage inequality. This gap underscores the ongoing issue of income disparity, despite the ideal of equal pay for equal work.
    March 14th, 2024
  • 7 Essential Financial Moves After Losing Your Job
    Navigating the stormy seas of job loss? You're not alone.
    December 6th, 2024
  • The Most In-Demand Skills to Get Hired in 2024
    Every job requires a combination of vital skills, but what skillset is valued most in 2024? As the job market evolves, staying ahead means it’s key to understand and acquire the skills that employers value most.
    April 12th, 2024
  • Key Productivity in the Workplace Statistics for 2024
    In 2023, global employee engagement saw a slight uptick, with 23% of employees engaged, up by two percentage points. However, a sizable 59% are categorized as disengaged, while actively disengaged employees, known as "loud quitting," declined to 18%. These figures highlight the persistent challenge for organizations to cultivate happiness and productivity in the workplace.
    January 31st, 2024

Contributors

Moneyzine Editor
The Moneyzine editorial team consists of writers and content specialists with diverse backgrounds.
Moneyzine 2024. All Rights Reserved.