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Skillset (Skill-Set)

Moneyzine Editor
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Moneyzine Editor
Last updated on September 26th, 2023
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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.

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Moneyzine Editor
The Moneyzine editorial team consists of writers and content specialists with diverse backgrounds.