Skills-Score™ is the credit score for your engineering career.
How it works
Engineers start with showcasing their unique career paths, their experiences, employment preferences, flexibilities, professional certifications, technical qualifications and business/ project management qualifications. Their profile allows them to list the skills they have practiced since beginning of their careers (i.e. Skill-History ®) by using well-structured, pre-populated menus with large set of discrete skills for various engineering disciplines and industries. These skills are then quantitatively appraised by themselves first and then by their current or past Subject Matter Expert (SME) colleagues for technical skills and by their execution managers for business, leadership and soft skills. This process will encourage only genuine candidates to enrol. Upon completing profiles, their Skill-Score ® is statistically computed and are included in all skill matching processes initiated by hiring managers. The Hiring managers develop their company profiles and can start searching genuine talent using the skill matching algorithms. By matching the requisite skills, level of experience, demographic information and target compensation, they can select the engineer they are looking for without having to post any ‘open position,’ advertising, gathering and reviewing resumes, short listing or collecting references.
1. Develop Profile
Professionals develop their profile (Skill-History ®) using our very well structured menus.
2. Skill-Score ® Calculated
Skill-Score ® calculates their Skill Score which can be endorsed by their supervisors and skill specific Subject Matter Expert (SME) colleagues.
3. Matches Are Found
Employers find matches based on skills and credentials they need in their next employee through statistically driven skill matching algorithms
How we add value to Candidates and Employers
Candidates
Description
Skill-Score ®
Traditional Talent Search Process
Membership Fee
FREE
Yes (for premium membership)
"Wish You Luck" Bonus (on getting hired)
Up to $1000 (£650)
None
CV required for each job opportunity
No
Yes
Cover Letter required for each job opportunity
No
Yes
Need to chase each opportunity
Never
Yes
Employers
Description
Skill-Score ®
Traditional Talent Search Process
Time to select a suitable candidate
Same Day
6+ Weeks
Average Man-Hours spent to post a position on job boards
0
40
Average Man-Hours spent to review CVs
0
100
Average Man-Hours spent to select a candidate (interview and collect references)
2
60
Ability to consider “Passive Candidates”
Yes
No
Ability to select perfectly (numerically) matched candidates for the given position
Yes
No
Quality of hire on scale of 10 (10 being the highest quality i.e. least risk)
10
1
Potential Cost Of Bad Hire (COBH)
$0 (£0) Zero
$50,000+ (£31,000+) (Source: CareerBuilder survey of 6,000 hiring managers and HR professionals worldwide, 2013).
Membership fee per month
$50 (£30)
$500++ (£300++)
Recruiter’s fee (% or hired employee's annual salary)
8.3%
20% to 35%
Total cost to hire one engineer (assuming $100K annual salary and @ $100 per Man-Hour hiring cost)
$8.5K
$40K to $55K
Top 5 Reasons for candidates to showcase your profile
1
Job Search is a challenging task in itself, particularly when done while working full time. Skill-Score ® offers the platform to showcase your Skills, Knowledge, Experience and Professional Credentials within the Engineering field in an entirely data-centric approach. Candidates do not have to search for open positions any longer. Allow Hiring Managers to find you in the most efficient manner.
2
Quantify your CV(it’s now known as ‘Skill-History ®’) Rather than having to update and upload your resume for every open position (that usually never gets reviewed properly, if at all), let your quantified and appraised profile do the trick. Most of the happily employed people miss out on good opportunities just by not being able to undertake this task in the given timeframe.
3
Career Growth is dependent on your technical abilities and your business acumen, financial, organizational, and leadership skills. Skill-Score ® allows you to measure all your skills and set yourself goal(s) to quantitatively improve these core skills under the mentorship of one of the SMEs in the same skill within this pool of strong professionals.
4
Crowd Sourcing SMEs. Not many companies can afford SMEs on full time basis. If you are an SME and willing to provide your services while you are employed. Let the world know that you can, and you want to be that ‘go to guy’ somewhere in the cloud. Skill-ScoreTM empowers organizations to find you.
5
Completely Free The services offered by Skill-Score ® are totally free to anyone who wants to showcase their Skill-History ® here. Additionally, Skill Score will pay you up to $1,000 if you get hired by an organization through Skill-Score ® as a gesture of our good luck to you out of the fee we get from the employers.
Top 5 Reasons for employers to search for ‘that perfect engineer’ here!
1
Entirely Data-Centric. Finding the right candidate with the core technical skills, experience, financial awareness, business skills, drive and ambition is the number one priority for all successful organizations. If this is yours too, then start here! You will never find a genuinely suitable candidate by reviewing inflated cover letters and searching through subjective & customised Resumes (CVs) using ‘keyword’ searches. By not having passive candidates in the mix, your probability of getting lucky after taking the leap of faith in hiring a new professional is even further dimni ished. Skill Score empowers you to search through active and passive candidates instantly by matching the skills for the position you are actively seeking a candidate for.
2
Compare Objectively. By short listing the ‘matches’, you can now numerically compare and sort them the way you wish. The computed Skill Score of each profile owner allows you to gauge if the candidate is a technical genius or if he/she is a leader who can execute the job effectively and efficiently or best in both traits. No other platform that allows you to do just that! Described further later in this document.
3
Least Risk/Improved quality of hire. Collecting post interview subjective references is a Non-Value Added task and only allows you to have a check mark in the box. Skill-Score ® offers you more reliable endorsements as part of the profile i.e. the selected candidates are likely to have measurable and endorsed pedigree and will ensure you have selected the right person for the right job from the get go!
4
Time to ‘On-Board.’ time to hire in the engineering industry is over 6 weeks. Skill Score allows you to find perfectly ‘matched’ candidate instantly (same day) by eliminating the necessity to post open positions on job boards, advertising, collecting and reviewing CVs, short listing, contacting references etc. This will eliminate avoidable efforts and expense while improving the lead time.
5
Least Cost. Data shows that more than 92% of employers’ recruitment budget is spent on Job-Boards, Advertising, Recruitment events and Recruitment agency’s fees. Cost of finding the right match objectively through Skill-Score ® is less than 9% of the traditional costs. Ten percent of our revenue will also go to charities that support bright students who can’t afford to pay their cost of education.
What’s in it for Skill-Score ®?
Current State/Problem Statement: If you are involved in the current talent search process, particularly in the engineering industry, at any step from the talent seeker’s side or the talent contributor’s side i.e. Employer–Employee or Mentee–Mentor or Employer–SME relationship, you would know that major transformation of this process is imperative and significantly overdue.
Also, we experienced the world is changing significantly! Professionals, particularly the ‘Millennials’ are not only looking for jobs any longer; they are rather looking for a balanced approach in work & life with significant career growth at a rapid rate.
The outcome had to satisfy all of these social, economical & technical issues. Hence the concept of Skill-Score ® was born! A true paradigm shift in a Win-Win approach!
Our Motivators. Our objective was to solve the key problem in the industry, making money was never the priority or the driver. Hence we set our fee (to employers only) to bare minimum; just enough to pay our costs including; R&D (focused on professional Skill Enhancement in the industry), Constant endeavour to improve Sourcing tools and technologies to align with 21st century expectations, Token gesture of good luck to engineers who get hired via this platform and 10% to charities that support professional education to keep the main skill pool replenished continually.
Engineers start with showcasing their unique career paths, their experiences, employment preferences, flexibilities, professional certifications, technical qualifications and business/ project management qualifications. Their profile allows them to list the skills they have practiced since beginning of their careers (i.e. Skill-History ®) by using well-structured, pre-populated menus with large set of discrete skills for various engineering disciplines and industries. These skills are then quantitatively appraised by themselves first and then by their current or past Subject Matter Expert (SME) colleagues for technical skills and by their execution managers for business, leadership and soft skills. This process will encourage only genuine candidates to enrol. Upon 
completing profiles, their Skill-Score ® is statistically computed and are included in all skill matching processes initiated by hiring managers. The Hiring managers develop their company profiles and can start searching genuine talent using the skill matching algorithms. By matching the requisite skills, level of experience, demographic information and target compensation, they can select the engineer they are looking for without having to post any ‘open position,’ advertising, gathering and reviewing resumes, short listing or collecting references.
