Diversity: The New Workforce

Ultimate Software

For the most part, newer arrivals to the workforce are comfortable with diversity. They are accepting of and even expect diversity as a natural priority in their education and work institutions. Diversity & inclusion initiatives and programs have entered the mainstream and moved beyond the realm of HR. In fact, diversity & inclusion (D&I) is increasingly becoming a component of companies’ employee recruitment and customer branding strategies.

A Diversity Boost

HRO Today

In today’s increasingly diverse world, the case for corporate D&I initiatives that deliver real progress is stronger than ever. If it’s not real, it won’t feel authentic to your candidates and your employees, no matter how well you source diverse talent,” he explains.

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The Top 10 Strategic HR and TA Metrics That CEOs Want to See

Visier

Unfortunately, most of those who create metrics in HR and recruiting don’t really understand the strategic mindset of CEOs. And, as a result, the metrics that are reported to CEOs and the executive committee result in no positive action being taken. So, if your metrics don’t directly and unambiguously cover strategic goals like increasing revenue, productivity, or innovation, they simply won’t drive executives to act.

Diversity and Inclusion in the Workplace: Benefits and Challenges

Achievers - Recruiting

The positive impact of diversity and inclusion is no longer debatable. According to Deloitte, diverse companies enjoy 2.3 Gartner found that inclusive teams improve team performance by up to 30 percent in high-diversity environments. What is diversity and inclusion?

Namely’s Workplace Diversity Report Identifies Barriers to Equal Pay

Namely

For HR, building a workplace culture of inclusivity and equality is a worthy goal—but as Namely’s latest Workplace Diversity Report reveals, the goal is a lofty one. While much conversation focuses on equal pay, and the oft-repeated stat that women make only 80 cents for every dollar made by their male counterparts, we identified other key areas of inequality: employee recognition and mobility. Do Men and Women Have an Equal Chance for Promotion?

Rewarding Diversity Instead Of Productivity

TalentCulture

According to a study by Forbes , workplace diversity is a key driver of innovation and a critical component to success. But, what does diversity in the workplace mean? Employees can be diverse because of their race or gender, but they can also differ in what characteristics they bring to your team. All businesses are made up of diverse personalities that constitute a larger, corporate identity. Whatever the metric , let these employees know their value.

How to Build High-Performing Diverse Teams at Work

Achievers - Recruiting

Today, businesses are facing immense pressure to build diverse teams at work, with several high-profile organizations compelled to divulge their diversity and inclusion statistics. The benefits of having diverse teams at work. Workplace diversity isn’t exactly a new concept.

7 Steps to Reaching Your Workforce Diversity Goals

Digital HR Tech

Workforce diversity, whether it’s gender, ethnic, or age diversity , is often linked to strong organizational performance. Other benefits of workforce diversity are the fact that it drives innovation, creates skill diversity and that it makes your company more appealing to a broader customer and candidate demographic. But how do you go about actually building a diverse workforce? The workforce diversity plan. Look for diverse sourcing channels.

Gender inclusion in the workplace: Going beyond diversity

Workable

Diversity vs. Inclusion: why they’re not the same. It’s not by chance that when we talk about diverse teams and diverse workplaces, we, ultimately, mention diversity and inclusion (D&I). people with disabilities, ethnic minorities, people from the LGBTQ+ community), you’re doing a great job in boosting diversity in your company. In 2018, Spotify was sued for equal pay violation and, a few months later, Oracle was also sued.

6 Steps to Hiring More Diverse Candidates

TalenX

Recruiters and employers agree that having a diverse team allows organizations to be more creative and achieve positive outcomes. Research indicates that extremely diverse companies have attained 19% more revenue, are 1.7 However, hiring a diverse workforce is not an easy task.

International Women’s Day: Addressing Gender Pay Equity

Ultimate Software

Yet, despite political attention and federal regulations—the Equal Pay Act was established in 1963 !—there I’m a strong believer in Equal Pay for Equal Work – no one should be paid any more or less based on their identity; they should be paid by their contribution and skills.”. When we think of “Equal Pay for Equal Work”, we’re talking about controlled pay, which is $0.98 The Bottom Line: The business case for equal pay.

Employee Referrals: A Players, Diversity Hiring, and Key Benefits

UpstartHR

Another expert says that referrals should be one of the top metrics that talent acquisition leaders focus on. From an analytics perspective, being able to track quality of hire, time to fill, and other metrics and tie them back to the referral source is an incredibly valuable practice. Using Referrals to Improve Diversity Diversity has become an HR buzzword, thrown around in meetings and leveraged for positive PR, but what does diversity really mean?

Without Retention, Diversity Efforts Fall Short

Reflektive

Building diversity in the workplace is an initiative HR leaders cannot afford to miss. Companies with diverse workforces are proven to deliver higher performance and greater innovation. Therefore, many technology companies are directing large sums of money to increase internal diversity metrics and cultivate a broader pipeline of minority candidates. Despite investment in equal-opportunity hiring practices, diversity numbers are unimpressive Click To Tweet.

How a Diversity Scorecard Helps Salesforce Keep Equality Top of Mind for Its Leaders

Linkedin Talent Blog

But, increasingly, it’s making a name for itself as a leader on diversity issues — it has spent millions to close gender and racial pay gaps and taken frontline stands on issues impacting the LGBTQ+ community. But, like much of the tech world, Salesforce has also struggled to achieve diversity in its workforce, which is heavily male (68.2%) and, in the United States, heavily white (63.2%). Pay attention to the diversity scorecards they’re going to be receiving. “We

How to Leverage Diversity & Inclusion as a Competitive Advantage

Everwise

According to Ted Colbert , Boeing’s Chief Information Officer, “The best workforce is a diverse workforce.” Countless studies support this statement , directly linking organizational Diversity and Inclusion (D&I) to higher profits. Diversity of experience and opinion has been tied to innovation and creativity of thought time and again. One Forbes Study identified workforce diversity and inclusion as a key driver of innovation.

Diversity in the workplace: the case for building diverse teams

Workable

Diversity in the workplace is not about recruiting people based on qualities they were born with. Diversity in the workplace is about providing equal opportunities so that employers can discover and work with talented people from all walks of life—not just those who attended the best universities, have the most prestigious connections, or are most likely to be your drinking buddies after work. Ethnically-diverse companies are 35% more likely to earn above-average revenue.

Rewarding Diversity Instead Of Productivity

SAP Innovation

According to a study by Forbes , workplace diversity is a key driver of innovation and a critical component to success. But what does diversity in the workplace mean? Employees can be diverse because of their race or gender, but they can also differ in what characteristics they bring to your team. All businesses are made up of diverse personalities that constitute a larger corporate identity. Whatever the metric , let these employees know their value.

Top Ways Companies Are Measuring Their Diversity and Inclusion Progress

Linkedin Talent Blog

As companies continue to elevate and prioritize their diversity and inclusion efforts, they have increasingly looked for ways to use data as both a meter and a motor, a tool to track improvement and to drive it. Track, share, and leverage essential metrics like representation and retention.

Why You Should Run a Diversity and Inclusion Survey

TalenX

While diversity and inclusion (D&I) is a term that is commonly thrown around among HR professionals in the corporate world, it is much more than a human resource program. Over the years, it has become increasingly clear that diversity and inclusion provide multiple benefits to organizations and the employees, which is why many experts believe it is a critical business strategy that every organization should implement. What is diversity?

There’s no excuse for lack of diversity in talent sourcing

CLO Magazine

Sourcing and including diverse candidates in all hires and promotion considerations is a vitally important way to make sure your team comprises the highest-quality talent. Ensuring that you have diverse candidates for new hires and promotions may require a little more work at first, but it quickly becomes part of your everyday talent sourcing processes and the branding of your organization. State clearly that you want diverse candidates to apply.

Fostering belonging through workforce diversity and inclusion

Qualtrics

Is your company fully leaning into workplace diversity and inclusion? Here’s a closer look at the benefits of diversity and inclusion – and steps for achieving your D&I goals. If your company’s diversity and inclusion program aspires to go beyond the silo of HR – and achieve its mission of attracting, retaining , and developing diverse talent – read on. Defining diversity and inclusion. What is workplace diversity? What is diversity and inclusion?

KPIs Alone Will Not Fix The Diversity Problem

SuccessFactors

Thanks to the recent high-profile media focus, the issue of diversity has finally taken its place front and center of mainstream public interest and is being properly addressed in the workplace. My personal feelings aside, recruitment, advancement, and leadership KPIs have long been touted as the best way to measure diversity, and companies blindly follow these arbitrary targets as barometers of success: 12 women in our team – tick.

Diversity in the workplace: the case for building a diverse team

Workable

Building a diverse team is not about recruiting people based on qualities they were born with. Diversity in the workplace is about providing equal opportunities so that employers can discover and work with talented people from all walks of life—not just those who attended the best universities, have the most prestigious connections, or are most likely to be your drinking buddies after work. Key figures for a diverse team. Diversity begets diversity.

LinkedIn Integrates Diversity Insights Into All of Its Talent Solutions

Linkedin Talent Blog

Building diverse and inclusive teams is the No. Research shows that diversity is tied directly to company culture and financial performance. In fact, LinkedIn data shows that 78% of companies prioritize diversity to improve culture and 62% do so to boost financial performance. As organizations seek to create more diverse and inclusive workplaces, the reality is these initiatives are hard work. Plan realistic and inclusive diversity recruiting goals.

Real Accountability: How to Measure Your Company’s Diversity Hiring Efforts

Eightfold

Diversity boosts the bottom line. A McKinsey & Company report found that companies in the top 25 percent for racial and ethnic diversity are 35 percent more likely to have financial returns above their industry’s median. Companies in the top quartile for gender diversity are 15 percent more likely to have above-median financial returns. Diversity boosts innovation, too. Choosing the Right Metrics. Outreach Metrics. Interviewing as Metric Collection.

Report: Contract Workers Are More Productive than Full-Time Employees

HR Daily Advisor

Initial findings from the 2016 Workforce Productivity Report , released by World Market and KRC Research, reveal that less than one in three business leaders (31%) believe their company is as productive as it should be, and many are turning toward on-demand contract workers with specialized skills to boost productivity. Contract Workers More Productive, Specialized, Driven, and Flexible. ” Productivity a Priority but Not a Day-to-Day Focus.

5 Weeks To Davos: Equality And Empowerment For Women Around The Globe

SAP Innovation

Global Goal #5 : Achieve gender equality and empower all women and girls. Gender equality is a hot topic in Hollywood these days. While Sandra is fighting for equal pay and better roles in Hollywood, there are millions of women all over the globe who are experiencing similar or more extreme gender inequality. As the UN notes , “Gender equality is not only a fundamental human right, but a necessary foundation for a peaceful, prosperous, and sustainable world.”.

Survey Says…

HRO Today

Equally important, examining the data can enable organizations to assess needs and analyze any possible gaps or help needed to better empower everyone to actively use employee engagement tools.”. But to find the patterns and links between engagement and productivity, well-being, management, and all the other factors that drive business success, organizations need to ensure that they are gathering the right information. Finding the Right Metrics.

Innovative HR and Why Technology Innovators Can’t Survive Without It

Visier

While the race to out-innovate with new ideas and products fuels the technology industry at large, the competition between companies is fought most pervasively as on the talent front lines. There are a few areas where technology companies commonly struggle to improve when it comes to their people: Recruitment, Workforce Diversity, Retention, and Strategic Workforce Planning. Develop The Right Mix of Workforce Diversity.

Creating a Diversity and Inclusion Statement for Your Business (With FREE Workbook)

Zenefits

If your business doesn’t already have a diversity and inclusion statement for your business, you should. When you define your commitment to diversity and inclusion, it directs the company to achieve. Download a FREE Diversity and Inclusion Workbook here. Diversity and inclusion statements can be short and sweet or long and in-depth. Some organizations separate their diversity statement from their inclusion statement.

How to hire more women in tech sales

Workable

Throughout my career, I’ve observed that the highest performing teams have a common denominator: diversity. And, gender diversity is an undeniable variable in successful teams. I’m proud to say these teams are equal parts male and female (and shall continue to be so.). We committed to hiring more women in tech sales, because we wanted our workforce to be gender diverse. It’s kind of simple: you’ll build a better product.

A Starting Point: Diversity and Inclusion at Limeade

Limeade

It’s no secret that diversity and inclusion are hot topics for HR professionals and top executives. A quick Google search shows 152 million results and coverage on diversity and inclusion from top media outlets. Diversity and inclusion can also affect the bottom line. We see that equal gender representation correlates with happier and more productive employees, and up to 41 percent increased revenue.

Innovative HR and Why Technology Innovators Can’t Survive Without It

Visier

While the race to out-innovate with new ideas and products fuels the technology industry at large, the competition between companies is fought most pervasively as on the talent front lines. There are a few areas where technology companies commonly struggle to improve when it comes to their people: Recruitment, Workforce Diversity, Retention, and Strategic Workforce Planning. Recommended Read: Five Awesome Recruitment Metrics for Tech Innovation Success ].

Could This One Rule Make You Rethink Workforce Diversity?

SAP Innovation

Facebook’s diversity report was recently released and the results are…could be better. Diversity in the workplace, particularly in tech, has become a seriously hot issue in the past year, and a polarizing one at that. There are certainly some dollars being thrown at the issue: Google has budgeted $150 million for diversity issues this year. This follows the January announcement of $300 million as part of its Diversity in Technology program.

New Data on Women Breaking the Glass Ceiling

Visier - Talent Acquisition

Empowering women spurs economic growth, productivity, innovation, and trust–recent examples include the newly appointed female Citi CEO and a female CEO in Washington state leading her company to an IPO. How to break the glass ceiling: 8 data-driven steps to more gender equality.

Driving Change and Creating a Better Future for All

Workday

In the past few months, Workday and many other organizations shaping the future of work have recognized our unique roles in making a positive impact in the movement toward creating equal opportunity, driving real change, and creating a better future for all.

5 Biggest Challenges for HR Leadership Teams

Achievers - Recruiting

Absenteeism costs the country’s employers about $225 billion annually , and that’s only the amount from lost productivity. This high figure is arrived at by adding up the cost of recruiting and hiring, the wages and time involved in training a new employee, and the lost productivity while that new hire is coming up to speed. As a matter of fact, it can take up to two full years for a new hire to reach the same level of productivity as other continuing co-workers.