Can Digital Credentials Save Your Company Time?

    Digital credentials offer a competitive edge for businesses in a variety of ways. We recently shared how digital credentials help businesses save money. In this post, we’re diving into how digital credentials will help your business save another valuable resource: time. 

    user-circle Credly
    hourglass-01 2 min read
    agenda-appointment-business-1020323-1
    Digital credentials offer a competitive edge for businesses in a variety of ways. We recently shared how digital credentials help businesses save money. In this post, we’re diving into how digital credentials will help your business save another valuable resource: time. 


    Save time hiring and recruiting

    Recruiting talent takes time. The Society for Human Resource Management’s Human Capital Benchmarking Report states that the average time it takes to fill a given position is 42 days. For white-collar jobs in areas like engineering, finance, and marketing it’s even longer.  The average time-to-hire for white-collar positions is 68 business days, according to a Gartner study Recruiting Slowdown Hurts the Bottom Line. Digital credentials help hiring managers and HR leaders quickly identify internal and external talent, and decrease the amount of time spent on recruiting.


    Save time on training and development

    Wouldn’t it be great to quickly see a snapshot of an employee’s knowledge, skills and abilities, and areas needed for additional training and development? Digital credentials make that a time-saving reality. Skills-based hiring can reduce time-to-train by 50%, and reduce turnover from 25-75%, enabling companies to focus on hitting goals instead of dealing with employee churn.


    Save time ramping up new initiatives

    As the pace of technology evolves faster than ever, so does the need for efficiently identifying talent to ramp up new initiatives. Digital credentials enable companies to identify talent pools by competency, location, or level of expertise using heat maps. “Badges allow you to quickly create heat maps of your talent and the skills tag level, providing insight into your talent pool that you cannot easily achieve any other way,” says David Leaser, senior manager of innovation for IBM’s Training & Skills organization in a blogpost for the Association of Talent Development.

    To learn more about how digital credentials will save your organization time and money, schedule a chat with our team now! 

    Schedule a Demo

    Read More

    What is Micro-Credentialing and Why Does it Matter to Your Students?

    Given this new focus from employers, students today demand practical skills that will help...
    Learn more

    Building a Recognition Culture with Digital Credentials

    It’s clear that retaining existing employees has become a critical component in an...
    Learn more

    Upskilling: What It Is and Why It Is Important

    The fact is, they can’t. No one knows what the workplace of the future will be like, but that...
    Learn more

    The Value of Digital Credentials in Today's Digital Economy

    The digital economy is characterized by constant technological innovation. New tools,...
    Learn more

    Five ways to make your training program stand out

    Here are five ways to make your training stand out.
    Learn more

    How Digital Credentials Benefit International Students' Employment Journey

    International education is a rapidly growing economic sector. At present, 5.6 million students...
    Learn more

    Ready to Get Started with Credly’s Acclaim platform?