4. Leverage skills for careerprogression andperformancemanagementBusinesses and the education industry Continuously and accurately tracking skills helps to cr eate tailored, unbiased skills-based pro- gression opportunities for individuals. Organiza- tions can emphasize the importance of skill de- velopment by recognizing and rewarding skills through skills-based pay and compensation structures, recognizing and rewarding emplo- yees for skill mastery and advancement. Addi- tionally, it is important to regularly monitor skills within performance management using metrics that assess both individual and organizational progress. Key indicators – such as retention rates, skills gaps, learning hours, completion rates and internal mobility rates – offer valuable insights into the effectiveness of skills-based ini- tiatives and help identify areas for improvement. This systematic approach ensures alignment with organizational goals and fosters a culture of learning and agility. See Key insight 7 to learn more about how to create skills-based pathways for development and redeployment. Learn more about how Pearson leverages skills taxonomies to deliver career and l earning path- ways. Skills-first talent development is an ap- proach that prioritizes the development and utilization of an individual’s skills and competencies over traditional job titles and credentials. This approach empowers individuals to take control of their career paths, exploring both upward mobility and alternative roles within the same organ-ization. It enables organizations to bet-ter align employees’ skills with evolving needs, stay competitive, retain talent and enhance efficiency and productivity. This can be achieved by: –Assessing and matching skills: Iden-tify overlap between skills to facilitateinternal mobility opportunities betweendif ferent roles. –Personalized learning pathways: De-velop personalized lear ning pathways, based on individual skills, providingaccess to training opportunities, on-the-job training and actionable goals tosupport career transitions. –Mentorship programmes:Enc ourage the creation of mentorship programmes, offering guidance, sup-port and advice from more experienced colleagues to help individuals navigate their career development.Key insight 7: Create skills-based pathways for development and redeployment Global Skills Taxonomy Adoption Toolkit 26

Global Skills Taxonomy Adoption Toolkit 2025