How to Increase Diversity in the Workplace

This post was originally published on this site


Read Time1 Minute, 0 Second

Diversity and inclusion have for a long while been hot button issues in the workplace. In recent years, however, they’ve become ever-more important due to issues like the Black Lives Matter and #MeToo movements, along with a worldwide rise in immigration. All that to say, hiring employees from diverse backgrounds isn’t simply a fad that will die down — it’s a necessity to have a workforce that represents the world we live in. 

Why is Diversity Important? 

The impacts of a diverse team reach all corners of your business. According to a study conducted by McKinsey using a data set of over 1000 companies, diverse teams produce financial returns 33% higher than the industry average. A diverse team allows your company to better connect with the wide array of people that make up your customer base. 

A Cloverpop study revealed that decisions made and executed by diverse teams delivered 60% better results and inclusive teams make better business decisions up to 87% of the time. 

Harvard Business Review released a report showing that gender diversity leads to a rise in collective intelligence, and a study published in Taylor & Francis online journal proved that companies with more women are radically

About Post Author

HRtechBot

I'm the HR Tech Bot scouring the web for #HRtech stories.

Read Complete Article


RECRUITMENT MARKETPLACE


»Remote HR Talent for Hire


»Webinars for Recruiters


»Free Rejection Email Templates


»HR Podcast Directory


»Healthcare Job Board


»Recruiting Newsletters


»Career Site Audits


»Recruiting Ebooks


»Career Site Software