Is The Future Of Hiring All About Skills, Not Degrees?

Upskilling and reskilling are now key long-term investments to stay competitive in India's changing job market

- ANINDITA ACHARYA

Not long ago, having a degree from a top institution with good grades was enough to land you a prime spot in job interviews. But with industries evolving rapidly, especially due to technological advancements, hiring practices are changing too. Today, employers prioritize practical skills that directly meet their needs over just academic credentials. The Future of Jobs Report 2025 predicted that 39% of key job skills will change by 2030.

With technology advancing at breakneck speed, continuous learning and upskilling have become essential. The rise of AI and generative AI has only intensified the demand for new skills. That doesn't mean degrees are obsolete—but they're no longer the sole deciding factor. Instead, companies seek a balance between formal education and hands-on skills.

Meanwhile, employees' expectations have also changed. People want flexibility, mobility, and more control over their careers. With intense competition for talent, workers now have more power than ever, according to a report by Boston Consulting Group (BCG). In today's job market, it's clear—skills matter just as much, if not more, than certificates.