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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.
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 love a good LinkedIn report. The social network has such a huge outreach of professionals and, in our case, recruiters across so many industries that you can be sure reports are detailed and verified. This came in as the top trend, with 78% of talent leaders, globally, finding that diversity impacts how they hire. Get Report!
For most companies, this period of decreasing levels of employee retention and higher rates of turnover brought on a hiring market that felt impossible to navigate to keep the upper hand. Here is how to go zero to hero with talent attraction and retention. You can read about it here. Or even here. Give the People What They Want.
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?
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.
With the topics of diversity and inclusion becoming more prominent in the tech world, as well as international Pride month, it’s the perfect time to cast an eye on our organisations and ask if we are being as inclusive and committed to diversity as we think we are. What is diversity fatigue? Diversity VS Inclusion?
However, working from home can also be tied to another trend in the workplace: diversity initiatives. Many businesses are making inclusivity pledges to attract, recruit and retain diverse teams. But how does remote work factor into diversity initiatives? About 69 percent of U.S. The truth About Employees With Disabilities.
On February 19, I helped organize a learning event with the SHRM Educational Foundation, Hawaii Island District to present an informative program and interactive discussion on best practices in Diversity & Inclusion , with an emphasis on hiring people with disabilities. The event took place at the W.M.
In anticipation of the younger set, it’s helpful to examine the factors that have influenced Millennial behaviors and figure out how we can learn from one generation to improve retention rates amongst the next. Only about 29% of Millennials report being engaged at work. Why do Millennials Leave? Feeling Unengaged.
A study by the Open University, of 400 UK businesses have found that 90% reported that they were finding it difficult to recruit employees with the required skills. Cultural Fit and Diversity: There is currently an emphasis on cultural fit as companies seek individuals who align with their values and mission.
In a world where cultural, ethnic, racial, and gender diversity in the workplace is increasingly valued, a different type of demographic is rising to the forefront of the collective consciousness – the neurodiverse. . Danielle Pavliv, manager of diversity and inclusion for analytics software company SAS, tells us : “Nearly 62.6%
And it has seen success – KPMG’s 2024 Global CEO Outlook reports that only a third of CEOs predict a full return to office, down from 62% the year before. LinkedIn has even reported that applications for remote jobs have increased by 146% in the last year alone. Why Flexible Work is so Important for Diverse Hiring 1.
How good is your diversity statement? I asked my team to send me some of the best diversity statement samples they could find. They reviewed the Fortune 100 Best Workplaces for Diversity list and also Googled “Most Diverse Companies” They gave me a list of 30 diversity statements they found.
The 2025 hiring insights report from GoodTime shows that over 90% of recruitment teams use AI and automation for a quicker hiring process and may include more technology investments in 2025. Remote work options and flexible schedules have proven to significantly boost employee retention by allowing better work-life balance.
To combat these challenges, many organizations turn to retention bonuses financial incentives designed to inspire loyalty and encourage employees to stay. But heres the catch: retention bonuses alone may not unlock long-term commitment. What is an employee retention bonus? When are employee retention bonuses used?
According to the Workplace Outcome Suite Report, EAP counseling alone can yield cost savings of up to $3,500 per employee. Improves Employee Retention. Diversity, Equity, Inclusion, & Belonging Survey, built in partnership with Change Cadet. This tells us that investing in an EAP will have long-term financial benefits.
This arrangement offers unparalleled flexibility and a real opportunity to allow more diversity of thought and experience to flourish. Diverse Communication Tools: Utilize various tools for different communication needs. Show Empathy: Empathy is a muscle and leaders need to lean into this to understand their teams and direct reports.
By creating a work culture that accommodates diverse needs, firms can attract and retain talent that might otherwise be overlooked. This inclusive strategy not only enhances workforce diversity but also fosters a supportive work environment, leading to increased employee satisfaction and retention.
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. It’s a cold, hard fact!
Wells Fargo reports that one of the first female bank directors was Louisa B. The Business Case for Gender Diversity Research consistently shows that gender diversity in leadership correlates with improved business performance. However, influential women in banking have concrete ideas for creating meaningful change.
Deliverables: Findings report. The outcome of this research and analysis may be presented as a findings report that you share and discuss with leadership. This is where you take all of the research from your findings report and use it to figure out the positioning statement of your EVP. Deliverables: ROI reports and analyses.
Netflix’s first-ever inclusion report was released on January 13th. Like similar reports, it includes diversity and inclusion data. But we found 7 takeaways about inclusion and diversity at Netflix that are too good not to share. The inclusion report, published by Vern? Partner with Niche Sourcing Networks.
However, despite best efforts, bias can seep into the recruitment process, whether consciously or unconsciously, leading to unfair treatment, missed opportunities, and less diverse teams. Companies that use an ATS in their hiring process get 2-3 times better results in terms of quality of hire, time to hire, and employee retention.
In companies that foster strong cultures, 90% of employees report to feel confident in their leadership team. Finding potential employees who can easily integrate and adopt the core values of a company helps to drive long-term growth, eases integration and even improves retention rates. Commitment to company.
3 out of 4 ( about 76% ) of candidates say company diversity is essential when looking for jobs. This post covers 9 top diversity recruiting platforms to help you find top talent. But first, let’s dive into the advantages of building a diverse workforce. Increased employee retention. Improve business reputation.
Diversity, equity, and inclusion (DEI) is one of the most complex concerns that every workplace grapples with. This is particularly important when it comes to the issues surrounding diversity, equity, and inclusion. Boosting retention Finding and hiring new talent is one thing – but what about the employees already under your wing?
Onboarding and long-term retention: The first impression is the last impression. Studies show that the onboarding experience your recruits have directly impacts their productivity, engagement, and retention. To be precise, a great onboarding process could improve retention up to 82% , and we can guess why!
The AI Surge How could a trends report not mention artificial intelligence? Coursera’s Job Skills Report for 2024 notes that given the macroeconomic concerns and constant atmosphere of change, “ people management skills ” have become an enormous priority. But a few years on and it seems that this impetus is losing steam. We know this!
This has led to corporation after corporation releasing statements acknowledging the need for greater diversity, equity and inclusion efforts in the workplace. The report also offers ideas and strategies on how to overcome these barriers. We’re seeing an impact in the contingent workforce. Push for deeper supplier D&I data.
In today’s hypercompetitive labor market, prioritizing diversity and inclusion (D&I) is critical to winning the war for talent. The many benefits of a more diverse and inclusive workforce – such as enhanced creativity, increased productivity and improved employee engagement – also impact a company’s bottom line. Conclusion.
Doing so will mean that you create realistic goals that you can accurately report back on, thereby taking the squishiness out of the goal-setting process. The good news is that if you want to increase retention and lower your new hire failure rate, there are a few things you can do. Focus on diversity.
However, a realistic yet impactful strategy seems to be exactly what the sector needs now, as a recent report found the workforce growing, with an estimated 5.94 Two of the most significant are: Improved Diversity, Equality and Inclusion: When you offer flexible work, you expand your talent pool significantly.
Shifting market dynamics and compressed executive tenures are forcing CPG companies to fundamentally reimagine their approach to leadership acquisition and retention. Significantly, 63% of employers report that skills gaps are the primary barrier to business growth, while 42% expect talent availability to decline over the next five years.
Workers have reported: . Plus, by having such tight guidelines for prior work history, you lose out in the end, eliminating the possibility for more diversity and creativity. . There are numerous recruiting software and recruiting tools for employers with the most diverse pool of talent to explore. . Expanding working hours.
Clearly, there is a gap Indeed noted that Black workers want to work for organizations that are transparent about salary (78 percent) , where personal and organizational values align (63 percent), and that support a diverse leadership team (60 percent) while prioritizing their DEIB initiatives to the same level as Black employees’ expectations.
Introduction In an increasingly competitive and dynamic business landscape, organizations that champion diversity and inclusivity possess a distinct advantage. Age diversity, in particular, holds the key to fostering innovation, creativity, and resilience within a company.
This isn’t just a theoretical concept – data from LinkedIn Learning shows that organizations with strategic skill development programs see increased retention rates and improved internal mobility. According to a Gallup report, organizations with high employee engagement are 21% more profitable. Diversity drives innovation.
According to a Microsoft Trends Report , 85% of leaders say that the shift to hybrid work has made it challenging to have confidence that employees are being productive. Flexible working can cater to EVERYONE and could be a huge factor in driving diversity and inclusion initiatives within organizations.
Diversity, equity and inclusion (DEI) training is becoming increasingly popular in the work environment, as it’s designed to foster an inclusive culture that celebrates differences and encourages employees to build relationships with colleagues from different backgrounds.
Our 2016 recruiting benchmarks report confirmed what we all anecdotally already knew: Referrals are gold. Referrals have also been shown to have a faster time to hire, lower cost per hire, and higher retention rate compared to other candidate sources. Ask for diverse referrals. Just how gold?
In a recent report , the National Association of Manufacturers found 67.6% Manufacturers can no longer afford to begin their recruitment and retention efforts when urgent needs arise. Branding, when realized, becomes a powerful retention tool. Hiring challenges in the manufacturing sector have yet to ease.
With 60% of employers across segment sizes saying it’s increasingly difficult to find and employ high-quality candidates , per Upwork’s 2022 Future Workforce report, you know it’s vital to optimize your hiring strategies to ensure you can capably (and consistently) source, nurture, interview, and hire top talent.
With over 100 experts delivering quality content on all areas of workplace excellence, we pride ourselves on having a faculty that are not only heavily experienced in their respective fields, but are also engaging instructors from a diverse set of backgrounds. The A-Z of talent retention.
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