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.

Calls Increase for Race/Ethnicity Pay Gap Reporting

Trusaic

What they may not know is that the pay gap issue is equally relevant with regard to all protected classes, not just in terms of gender. DEI metrics reporting is increasingly being demanded by shareholders , who expect to see improvement in these metrics over time.

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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.

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.

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?

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.

ESG Stocks Perform Better, But Rankings Can Vary Widely

Trusaic

According to the WSJ , “Shares of companies considered by Refinitiv to be poor performers on ESG metrics have jumped 26% since the beginning of this year. They’ll need to have metrics in place to prove it, or potentially face serious consequences.

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). Let’s face facts: diversity is at first glance more easily measurable.

Emotional Intelligence Is Essential for Diverse Workforces

Criteria Corp

Workplace diversity is commonly viewed through the lens of representation—by increasing the number of employees with certain backgrounds and experiences, companies demonstrate their commitment to equality and fairness. How EI Equips Employees to Flourish in Diverse Companies.

Spring HR Tech kicks off with focus on diversity, HR tech after COVID

HRExecutive

The Spring HR Technology Conference & Exposition® features nearly 200 speakers and more than 160 sessions, covering the diverse topics HR leaders are tasked with tackling today. Diversity, inclusion, equality and belonging are finally on HR agendas to stay.

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.

DEI Measurement, Analysis, & Implementation During COVID-19

Trusaic

7 minute read: COVID-19’s Assault on Equality. COVID-19’s assault on equality also poses a threat to the diversity of business organizations. The business case for diversity is overwhelming. Diverse teams make better decisions and drive innovation.

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.”.

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.

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.

Despite Dismissal at Court, USWNT Continues Pay Equity Claim

Trusaic

It is helpful to look closer at the mechanics of the Equal Pay Act of 1963 (EPA), the statute upon which the USNWT based their unequal pay allegations. In dismissing the USWNT’s unequal pay claim, the court looked at two metrics: 1) cumulative pay, and 2) average per-game pay.

Diversity, Inclusion, and Tech: Q&A with Arthur “AJ” Johnson

Quickbase

Back when I was working as the vice president of corporate development at Intuit, I became familiar with the Quick Base product. It was an important role because my group had to create metrics for our entire division to understand the health of the business.

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.

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.

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

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.

Kimberly Kayler of Advancing Organizational Excellence: “Diversity, Equity and Inclusion”

Thrive Global

Diversity, Equity and Inclusion. Trained by the University of Michigan on Diversity Equity and Inclusion (DEI), I also frequently speak and train members of the construction industry on DEI concepts and strategy. Goals and metrics are needed so you know that your employees are working.

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.

International Women’s Day: Addressing Gender Pay Equity

Trusaic

While a lot of progress has been made to advance more equal opportunities for women in the workplace, there still remains a lot more to be done. Our Choices Can Improve Gender Equality and Pay Equity. Equal pay is good for business and it is the law.

In-depth: 7 big lessons from Spring HR Tech

HRExecutive

Aside from COVID-19, other popular topics during the four-day event included diversity and inclusion, talent acquisition tools, tech to allow remote work and more. Discuss clear metrics and goals on a weekly basis.

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. On that end, a diversity and inclusion survey becomes essential for companies that wish to understand where they stand.

Gap Between ESG Efforts & Expectations Becoming More Apparent

Trusaic

In any case, organizations that walk the walk with regard to ESG, and have the metrics to prove it, are going to reap the rewards. One such metric is pay equity, which is strongly interconnected with issues surrounding Diversity, Equity, Inclusion, and Access (DEI&A).

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.

Want real HR change? Look to data and analytics

HRExecutive

HR also has been handling recent political and social upheavals that have significant implications for the workforce, including the #MeToo movement and demand for social justice and equality in the wake of George Floyd’s murder and Black Lives Matter.

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. Organizational efforts to achieve diversity, equity and inclusion can improve productivity and outcomes.

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. Defining diversity and inclusion. What is workplace diversity?

DEI: Why hiring alone isn’t a magic fix

CLO Magazine

There’s no question hiring a diverse workforce is critical. But when it comes to diversity, equity and inclusion, DEI, you must look at the whole picture. Diverse organizations are stronger. Diverse workforces make organizations more collaborative, productive and innovative.

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.

12 Inclusive Hiring Practices You Should Implement

Digital HR Tech

Inclusive hiring translates to improved employee retention and productivity and a host of other organizational benefits. The inclusive hiring process actively recognizes diversity and embraces a wide range of qualities and perspectives that candidates bring to the organization.