less than 50% of employees feel that their employer is doing enough to promote diversity.
Through 2022, 75% of organizations having diverse and inclusive decision-making teams were projected to exceed their financial targets.
Unlocking The Power Of Diversity
More and more people believe businesses should embrace inclusive hiring practices — the processes that promote diversity in recruitment. But why exactly is diversity important in hiring?
Well, companies with ethnically or gender-diverse leadership teams are more likely to outperform others — by 25% and 36% respectively.
Since the population as a whole is — by definition — diverse, diverse teams are better aligned with the demographics of the people they serve. This means that employees can better understand their customers’ concerns, desires, and pain points and can use this knowledge to deliver more effective customer service.
What’s more, people from different backgrounds can also bring new perspectives and ideas to the table, resulting in greater innovation for your business.
Despite this, less than 50% of employees feel that their employer is doing enough to promote diversity — which, against a backdrop of social justice movements across the world, is simply no longer acceptable. So how do businesses like yours encourage diversity when hiring?
Here are six ways to integrate diversity, equity, and inclusion into your recruitment strategy – as well as how Talentful can help you achieve this.