Investopedia

Continue to Site »

Soft Skills

Filed Under » , ,
Dictionary Says

Definition of 'Soft Skills'

The character traits and interpersonal skills that characterize a person's relationships with other people. In the workplace, soft skills are considered a complement to hard skills, which refer to a person's knowledge and occupational skills. Sociologists may use the term soft skills to describe a person's "EQ" or " Emotional Intelligence Quotient" (as opposed to "IQ").
Investopedia Says

Investopedia explains 'Soft Skills'

Soft skills have more to do with who we are than what we know. As such, soft skills encompass the character traits that decide how well one interacts with others, and are usually a definite part of one's personality. Whereas hard skills can be learned and perfected over time, soft skills are more difficult to acquire and change.

The soft skills required for a doctor, for example, would be empathy, understanding, active listening and a good bedside manner. Alternatively, the hard skills necessary for a doctor would include a vast comprehension of illnesses, the ability to interpret test results and symptoms, and a thorough understanding of anatomy and physiology.

Articles Of Interest

  1.

    7 Types Of People Who Fail In Finance

    To work in finance, you must be hard working and team-oriented, here are some personalities that are not.

  2. The 7 Most Universal Job Skills

    As the unemployment rate hovers around 10%, learn what skills you need to avoid becoming part of the statistic.

  3. Is Your Personality Preventing Profitable Trades?

    Different personality types will trade differently. Where do you fit in?

  4. Matching Investing Risk Tolerance To Personality

    Understanding risk tolerance is crucial to the advisor/client relationship and any good investment policy statement.

  5. Your Personality Is Your Investment Strategy

    It's hard to keep your emotions in check while you play the stock market, but it will help you make better decisions in the long run.

  6. Dealing With 10 Coworker Personality Conflicts

    The financial world is filled with dysfunctional workers. Are you one of them?

  7. The Real Cost Of An MBA

    When adding up tuition, books, rent and foregone salary, an MBA can cost as much as a house. Is it worth it?

  8. Financial Designations That Employers Require

    We break down the designations that are important to have if you want to work in the financial sector.

  9. Career Benefits From The CFA Institute

    The CFA Institute provides members with a variety of ongoing career and networking benefits.

  10. What To Expect On The CFA Level II Exam

    This article will help you understand the nuances of the CFA Level II exam.
comments powered by Disqus
Marketplace
Hot Definitions

  1. Disaster Loss

    A special type of tax-deductible loss, similar to a casualty loss, where a loss has been incurred by taxpayers who reside in an area that has been designated as a federal disaster area by the President.

  2. Fool In The Shower

    The notion that changes or policies designed to alter the course of the economy should be done slowly, rather than all at once.

  3. Pattern Day Trader

    An SEC designation for traders who trade the same security four or more times per day (buys and sells) over a five-day period, and for whom same-day trades make up at least 6% of their activity for that period.

  4. Cost-Push Inflation

    A phenomenon in which the general price levels rise (inflation) due to increases in the cost of wages and raw materials.

  5. Happiness Economics

    The formal academic study of the relationship between individual satisfaction and economic issues, such as employment and wealth.

  6. Affluenza

    A social condition arising from the desire to be more wealthy, successful or to "keep up with the Joneses." Affluenza is symptomatic of a culture that holds up financial success as one of the highest achievements.
Trading Center