The Competency Group
Victoria, BC, Canada
1.250.661.1316
 
 
 
 

Transferable Skills

A transferable skills analysis is an in-depth evaluation that identifies similar or related technical skills and personal competencies that exist between positions. The more matches between an individual’s existing competencies and the required duties of the new job, the higher the level of skills transferability and better fit for the position. A transferable skills analysis is especially useful in times of labour shortages, as the analysis will identify the best ways to invest in developing a new employee for a specific job.

Employers in high-technology or specialized industries need people with multiple combinations of skills to fill vital functions in their operations. Whether organizations decide on internal transfers or external hires, a fast-track method to make candidates job-ready for high-demand positions starts with a transferable skills analysis. This compares an applicant’s skills set from his work experience with the job description of the position. The more matches between the candidate’s existing competencies and the required duties of the new job, the higher the level of skills transferability and better fit for the position.

Benefits of transferable skills analysis for employers

  • Larger source of job candidates with transferable skills and job-ready potential
  • Greater inclusivity, diversity and multiculturalism with equity group participation
  • Increased employee retention with promotion or transfer opportunities
  • Useful tool for succession planning and career path development within organization
  • Targeted skills development with customized training for identified skills gaps
  • Interdepartmental cooperation with cross-trained and multifunctional teams
  • Greater productivity with diversified skill sets of employees

Benefits of transferable skills analysis for employees and job seekers

  • Career mobility and professional advancement with diversified portfolio
  • New opportunities for transition to other professions, trades or industries in tough economy
  • Prospects for cross-functional training and expertise within organization
  • Enhanced job satisfaction with challenging roles of interest
  • Increased motivation with greater responsibilities and rewards

The Competency Group compares the competency maps of several occupations to identify skills matches.  Any skills gaps between occupations are an indication of the training needed to bring an employee to peak performance in the new occupation.

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