Diverse workforces have shown to be more innovative, more productive, and consistently financially outperform their less inclusive rivals. As a result, 70% of businesses say diversity, equity and inclusion (DEI) is a priority and that they are highly focused on improving DEI within their organizations particularly through inclusive recruitment practices.
If you are looking to build diversity, equity and inclusion into every level of your business, this blog section is for you.
Developing a diverse workforce can be very challenging, but also very rewarding. A recent study by LinkedIn indicates that 50% of employees of age group 18 to 28 have left their job because they felt uncomfortable with the non-inclusive culture of the company, so being inclusive has a direct impact on your organization’s employee turnover rates, and employee retention means reducing hiring costs.
When it comes to developing your company’s inclusive talent acquisition practices, looking at the sourcing process is key to success. See how incorporating diversity into your employer brand, using social media, and establishing relationships with diversity-oriented groups will ensure that hiring managers are interviewing diverse candidates from the get go.
There are a lot different strategies that can be implemented into your own business to create an inclusive workforce, and making good use of the technology available plays a major role in doing so. For example, machine learning can be used for equitable candidate assessment, and artificial intelligence (AI) for impartial interviewing.
We update our blog sections every week, so there is much more to come.