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UPDATE 6/2020: This article has been updated to reflect newer statistics found on diversity hiring. For more articles on diversity in the workplace, take a look at these: Build a Diverse Workforce with These 5 Best Practices in Mind. How to Balance Cultural Fit with Diversity. Companies need diversity.
The following article discussing workforce diversity was originally published in October 2015. Higher revenue, better job performance, a more trusted employer brand, and an increased customer base are just a few of the benefits of a diverse workforce. Embrace Diversity in Your Culture and Brand.
Companies across industries are to take a long, hard look at how they approach complex topics, including diversity, equity, and inclusion. Let’s take a closer look at what diversity, equity, and inclusion really means in the workplace, including tips on how to accelerate implementation of these key concepts at your own company.
Stacey Delo, CEO, Après Group. Stacey Delo, CEO, Après Group. We also partner with organizations by speaking at Employee Resources Group (ERG) events to inspire women and engage employee networks to elevate women at work internally. Let’s take a look. What Employers Can Do to Help Women Return to Work Post-Pandemic.
The talent acquisition challenges of today are unparalleled: 90% of survey respondents feel that the current hiring market is more challenging now than in the past! Recruiting as we’ve known it is evolving - how are you keeping ahead of the competition?
Diverse organisations perform better. Higher levels of ethnic diversity increase revenue by a whopping 15%. According to Glassdoor, 67% of active and passive job seekers say that when evaluating companies and job offers, it is important to them that the company has a diverse workforce. Industry : Quality of Life Services . #
We covered a wide range of important topics, from the competitive nature of the mobile application experience, to the effect of work from home on your TA and Recruitment Marketing strategies, to how you can attract more candidates from underrepresented racial and ethnic groups. online benchmark average.
While more diverse than in the past, it's no secret that corporate America suffers from a lack of diversity and inclusion. Nowadays, companies are being more intentional about ramping up their diversity and inclusion efforts to show solidarity and support to their underrepresented employees. General Motors. Genentech. "At
Imagine leading a team where every hire brings fresh perspectives, where innovation is fueled by a tapestry of diverse experiences, and where inclusivity isn’t just a goal – it’s the foundation of success. Better Decision Making: Diverse teams are proven to make better, more informed decisions, leading to improved business outcomes.
Historically, we have seen this benefit disenfranchised groups. Pandemics have had a profound effect on global populations and their respective economies.
In today’s increasingly interconnected world, fostering diversity, equity, and inclusion (DEI) is not just an ethical imperative, but also a vital aspect of a thriving business. For recruitment professionals, this means developing a strategy that promotes diversity and inclusion at every stage of the hiring process.
Below are some of the reasons why having a strong diversity and inclusion policy will benefit you, your company and your bottom line. Diverse executive boards generate better returns. The diverse boards had higher ROEs, lower debt to equity ratios and a higher average net income growth. Diverse teams produce more revenue.
Organizations recognize the value that greater diversity and inclusive cultures can bring, but seem to struggle with the practical ‘how’ of it all. And one of the most pivotal factors in this journey revolves around sourcing diverse talent. Why is diversity sourcing so important? Perform a diversity audit This must be step one.
Diversity, equity, and inclusion (DEI) is one of the most complex concerns that every workplace grapples with. And it can benefit companies in so many ways. This is particularly important when it comes to the issues surrounding diversity, equity, and inclusion. Education should always be the first port of call.
This February is an opportunity for employers to show how they’re fulfilling those commitments to achieving diversity, inclusion and equality in the workplace, in how they do business and across their communities. Netflix recognized that the best way to have diversity on-screen is to have diversity in their office.
Through focus groups, one-on-one interviews, surveys, employer reviews on Glassdoor and any other means you can think of, listen to your employees to learn what they love about working for you. Technology is key to more diverse hiring. Session: The Diversity Demand: How AI Supports Diversity Hiring. Worst (but still good!)
Behind all of that innovation is more than 100,000 diverse, collaborative and creative employees, in more than 100 countries. At the end of the day, there are two groups of people that your employer brand needs to please: your employees and candidates. Attract more diverse talent with AI. How to show impact on recruiting goals?
Next, we want to make sure that we have a diverse representation of Student Influencers based on school, program, culture, interests and more! The opportunity to join the Social Squad, which is a group that plans fun social activities for interns throughout the term.
If you’re like just about every other talent acquisition/diversity leader I know, recruiting more women is one of your top diversity goals. Women have a lot to offer in the workplace, and workplaces with better gender diversity are 15% more likely to earn revenue above the average for their industry.
Cultivating a diverse professional culture is a complex and worthy pursuit. Diverse cultures position employees to thrive individually and to bring out the best in each other. Enabling diversity is no token gesture; it’s no rote filling of quotas. Inclusion and belonging make diversity work. What is Diversity?
But that’s just me, and I’m part of a VERY diverse community with many different facets and types of people. I would have loved to include even more diverse perspectives, but I hope those featured show the similarities and differences that exist in opinions of how companies can show authentic support. . Kathleen (She/Her).
Diversity, equity and inclusion messages. And on the candidate-facing side, their careers page was already filled with information focused on benefits, company history and company awards, but information about company culture was limited to what they could share through paid editorial partnerships. Employee day-in-the-life videos.
Organizations understand why diversity of thought, experience, and background is important and they strive to make workplaces safe and beacons of inclusion for employees. And what ends up happening is they tend to build programs that benefit straight, white, cisgender, economically privileged women and leave everybody else behind.
While it may seem like an attractive benefit, it can lead to uncertainty for employees about how much time off is actually acceptable to take. Change to: Starting salary: $80,000 – $95,000 per year, plus performance-based bonuses and comprehensive benefits.
But new conversations about diversity, equity, and inclusion reveal that relying on the sole assumption that "past behavior predicts future performance" is a deeply flawed way to assess a candidate's potential. Related: Diversity Wins: Why D&I Matters More Than Ever. Use real-life examples from the job.
Technology Drives DEI Advancement Another area of talent acquisition in which AI offers promising advancements diversity, equity, and inclusion. AI can also be useful in broadening the talent pool and identifying new sourcing channels for reaching more diverse applicants. Millennials are currently the number one age group).
This passion might be expressed a bit differently though for each group. Some regions will talk about career growth opportunities, others about working with diversegroups of people, and others will touch on the cultures they’ve experienced while traveling around the world with Philips.
Of course, an increase in sharing means little if there are no other concrete observable benefits or ROI. When introducing employee advocacy and social sharing to your employees, you need to provide clear communications that emphasize the benefits of participating — what’s in it for them. Communicate clearly and transparently.
At RallyFwd on May 5, 2021, we heard from an outstanding group of practitioners who persevered through adversity to come out the other side with better employer branding, candidate experiences, technology, DEI, workforce communication, Recruitment Marketing content and so much more. . How are different demographic groups represented?
Beyond the well-recognized benefits of gender, ethnic, and cultural diversity, another dimension has come to the forefront in recent years—neurodiversity. Just as cognitive diversity enriches organizations, neurodiversity brings its unique strengths, offering a plethora of advantages to both employees and employers.
You can also tap communities that cater to specific demographic groups, like Women in STEM or Black Girls Code. In addition to helping you reach the right audience, targeting these groups will help you get in front of passive job seekers who might not be actively searching for a new position.
Diversity Recruiting has always played a key role in the success of a business. From a personal standpoint, we learn early on the benefits of having diverse sources of income, diverse skills, and a diverse knowledge of topics, views, and so on. However, diversity recruiting goes beyond that.
Kinaxis Kinaxis cultivates inclusivity for our Indigenous employees by actively engaging with community partners for guidance, empowering our Indigenous Allies group, and establishing meaningful partnerships. Learn more - Employee Resource Groups at Northrop Grumman | Northrop Grumman Learn more about Northrop Grumman.
An exceptional diversity mission statement sends a powerful message. We found 10 examples of diversity mission statements that fit the bill. How to Write a Diversity Mission Statement (7 Learnings). When we reviewed the 10 diversity statement examples below, we found a lot in common. Examples of underrepresented groups.
As the industry continues to evolve, there’s growing recognition that gender diversity isn’t just a matter of fairnessit’s a business imperative. Companies with diverse leadership teams are 25% more likely to outperform their peers. But achieving gender diversity in insurance isnt an easy task.
Managing a diverse workforce can be challenging, but it is essential for companies that want to harness the benefits of a diverse team. A diverse workforce can bring new perspectives, ideas, and approaches to the table, leading to increased innovation , creativity, and productivity.
Recruiters are seeing time and time again how vital hybrid and remote options are for talent, but particularly for those from diverse and underrepresented backgrounds. Why Flexible Work is so Important for Diverse Hiring 1. Learn more: The Strategic Benefits of Hiring International Talent 2. It’s a tricky question to answer.
Diversity and inclusion —The best JDs emphasize DEIB initiatives and policies for underrepresented groups. So, this broadens the talent pool by assuring diverse hires that they have equal access to the support and resources to thrive at work. parental care leave), and mental wellness benefits.
For example, if you won an award for being a best workplace for diversity, you may want to share your award alongside an employee sharing a story about how one of your company’s employee resource groups supported them. . You can take this to the next level by sharing employee testimonials and stories that act as proof points.
There can be absolutely no denying the need for diversity, equity and inclusion in the workplace. Some go down the route of fundamental human necessity, others lead with figures and the benefit to the bottom-line. Diversity is integral – it’s incomprehensible to think otherwise. The resounding conclusion?
Creating a press release about your company’s Diversity and Inclusion program. By sharing some of the other benefits associated with soft marketing. The benefits of soft marketing. However, that’s just one example of the type of benefit you might see from a specific soft marketing initiative.
Workplace diversity has become top-of-mind for organizations across the country. According to SHRM , diversity hiring is defined as when companies recruit individuals with a collective mixture of differences and similarities that include individual characteristics, values and beliefs, experiences, and backgrounds.
Keslie said, “We all know that everywhere you drive in the country right now, you see sign after sign saying ‘Apply Now’ and selling their employment benefits, like ‘join today, pay today’. The research showed that entry level talent were mostly interested in benefits and pay and not so much in Labcorp’s mission.
This labeling approach helped us create segmented groups to send more personalized and relevant information. Without so many diverse perspectives on the case, we may not have come up with the successful strategy we did. . For example, if an associate lived in Uruguay, we would send them a message translated into Spanish.
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