How to Make Financial Health Equity Part of Your Broader DEI Strategy

Recruiting Daily Advisor

One of the major trends coming out of 2020 is the growth in hiring diversity, equity, and inclusion (DEI) leaders. Recent research has found that the rate of hiring new chief diversity officers in publicly traded companies has jumped to historical highs.

4 Strategies for Building Company Buy-in for Diversity, Equality, and Inclusion in 2021

Lever

Seminal research from McKinsey and Company in 2015 points out that diversity within an organization correlates with better financial performance, in some cases, such as ethnic diversity, by as much as 36%. Diversity & inclusion

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4 simple ways to drive diversity and inclusion in your organization

Social Talent

Diversity is no passing fad. Decades of research has shown that there is an inherent link between diversity and innovation, strong company values and psychologically secure environments. Achieving greater diversity is not just the right thing to do either, it is also the smart thing.

Improving Diversity in Remote Work Environment

Recruiting Daily Advisor

Companies also had to adjust by moving to remote work environments to keep employees safe while still responding to issues surrounding equity, diversity, and inclusion. New Channels to Source Diverse Talent. Retaining Diverse Talent.

Building AI to Unlearn Bias in Recruiting

Recruiting How to use AI and machine learning to ensure diversity in the. 154% A Mckinsey diversity study concluded that companies in. the top quartile of diversity performance generate 35%. more financial returns than the median. Building AI to Unlearn Bias in.

9 Companies Around the World That Are Embracing Diversity in a BIG Way

Social Talent

Diverse organisations perform better. Higher levels of ethnic diversity increase revenue by a whopping 15%. According to Glassdoor, 67% of active and passive job seekers say that when evaluating companies and job offers, it is important to them that the company has a diverse workforce.

5 Key Ways to Source and Attract More Diverse Candidates

Talemetry

Strategic recruiting organizations realize the importance of prioritizing and investing in sourcing and attraction strategies for diversity candidates. A more diverse workforce improves innovation, broadens employee perspectives, and strengthens organizational performance. According to McKinsey , companies in the top quartile for racial and ethnic diversity are 35 percent more likely to have financial return above their respective national industry medians.

What are the 4 Types of Diversity in the Workplace?

Ideal

Many HR leaders and executives are on board with new policies and initiatives for increasing diversity in the workplace. Diverse organizations are more adaptable, show consistent revenue growth, and set the standard as competitive industry leaders. Why diversity matters.

Summer Hammons: Finding Her Way into Diversity, Equity, and Belonging

Recruiting Daily Advisor

Seeking Diversity in a Traditionally Homogeneous World. In white-collar industries, it’s generally not enough for companies to sit back and wait for diversity to find them; they need to be proactive at cultivating diversity within their ranks and creating a culture of diversity.

Why is Diversity, Equity, and Inclusion Important to Organizational Success?

Ideal

There was a time when diversity, equity, and inclusion (DEI) was just a group of buzzwords. As it turns out, the people poised to shape the future are more diverse than ever. Here’s a quick refresher on what we mean when we talk about diversity, equity, and inclusion. Diversity.

Hard to Hire: Third-Party Recruiting & the State of Talent Acquisition Report

Hire Diversity Time to Fill / 18 /. Diversity: 32% Not one Hiring Manager selected. Diversity as a KPI to track and only. New Zealand 25 MANUFACTURING INFORMATION TECHNOLOGY FINANCIAL SERVICES HEALTHCARE RETAIL/CONSUMER GOODS TOP INDUSTRIES 18% 17% 16% 15% 14% JOB.

The Financial Benefits of Becoming an Employer of Choice

Jobvite

For financial institutions, building a positive employer brand is imperative if you want to recruit and retain high-quality talent. Financial institutions need this negative perception to change. Enhanced diversity and inclusion efforts.

How to Attract More Diverse Candidates

Talemetry

“An organization’s success and competitiveness depends upon its ability to embrace diversity and realize the benefits.”. The benefits of a diverse workforce are countless. Diversity within the workforce brings more innovation, increased adaptability, a variety of viewpoints, more effective execution, improved customer service, a broader range of services, a more trusted employer brand, and increased revenues. diversity

We Want More Diverse Hires!

Fistful of Talent

There hasn’t been one leader in the past few years that hasn’t wanted to talk about one of two things (which usually go together): We need more hires We need to increase our diversity. Getting more diverse hires isn’t as hard as we think, or in better terms, we are making getting more diverse hires harder on ourselves! A recent study by economists illustrates this fact when it comes to getting more diverse students into higher ed programs.

People Analytics Maturity Linked to Better Financial Performance, Research Shows

Visier - Talent Acquisition

Let’s dive deeper into Marler and Martin’s research, and how organizations can use the findings to increase financial success. People analytics maturity is key to higher financial performance.

The Financial-services Sector Is Rethinking Talent in the Era of AI

Eightfold

Already undergoing a transformation before the coronavirus hit, the financial-services sector is rapidly changing the way it hires, manages, and develops employees. It’s also tapping into analytics to measure where diversity needs to be improved.

Financial Inclusion: Learn more about Our Partners, Sponsors & Speakers

PowerToFly

Our Financial Inclusion summit was money in the bank! PowerToFly was thrilled to present talks from diverse leaders not only in banking and finance but also on philanthropy, fundraising, crypto currency, personal wealth management, taxes, DEI initiatives and so much more.

Financial Inclusion: Learn more about Our Partners, Sponsors & Speakers

PowerToFly

Our Financial Inclusion summit was money in the bank! PowerToFly was thrilled to present talks from diverse leaders not only in banking and finance but also on philanthropy, fundraising, crypto currency, personal wealth management, taxes, DEI initiatives and so much more.

4 Innovative Practices For Recruiting For Financial Services

Ideal

A recent PricewaterhouseCoopers (PwC) report founds disruptive new technology, evolving customer expectations, and changing regulations are all affecting the ability of financial services to recruit the right talent for their firms. The kind of talent that financial services now require has shifted as well. The new highly specialized skills coupled with the requirement of diverse candidates has made the task of recruiting for financial services more challenging.

This Software Engineer Is Helping to Break Down Barriers in Financial Investing

The Muse

Tamara Bain’s passion for computer science has fueled a diverse career, including founding two startups before joining Robinhood in early 2020. Career Stories

How to Measure Diversity, Equity and Inclusion

Ideal

Alongside so much tumult and tribulation came a renewed focus on measuring diversity, equity, and inclusion (DEI). A recent Forbes report, for example, found that 56% of the companies surveyed strongly agree that diversity helps drive innovation.

Using automation to help hiring diversity

JazzHR

The benefits of diversity are numerous. Not only is diversity hiring ethical, but it also brings many tangible benefits to an organization. Research from McKinsey & Company found that organizations in the top quartile for racial and ethnic diversity are 35% more likely to have above-average financial returns. The benefits of diversity are clear, but hiring teams often lack the time and resources to ensure their talent selections are diverse.

6 Essential Facts About Recruiting For Financial Institutions

Ideal

As the finance sector continues to be a strong source of economic growth, recruiting for financial institutions faces a new set of challenges. Among the highest levels of demand for talent for financial institutions are tech- and data-related roles such as data scientists and quantitative analysts. Here are the 6 facts recruiters need to know to successfully hire for today’s financial institutions. The financial sector is an innovation leader.

4 Simplest Ways to Improve Diversity in Your Organisation

Social Talent

According to Clare Mulligan , a workplace diversity consultant, a multicultural work force is one that sees employees of an organisation include members of a variety of ethnic, racial and religious backgrounds. Diverse companies now outperform non-diverse companies by a whopping 35% ! Companies in the top quartile for racial and ethnic diversity are 35% more lik ely to have financial returns above their respective national industry medians.

5 Key Ways to Source and Attract More Diverse Candidates

Talemetry

Strategic recruiting organizations realize the importance of prioritizing and investing in sourcing and attraction strategies for diversity candidates. A more diverse workforce improves innovation, broadens employee perspectives, and strengthens organizational performance. According to McKinsey , companies in the top quartile for racial and ethnic diversity are 35 percent more likely to have financial return above their respective national industry medians.

4 Business Benefits of Diversity in the Workplace

Brazen Recruiting

The cry for diversity in the workplace has reached a boiling point. companies are spending millions annually on diversity programs and initiatives. And you can’t peruse a news website or industry blog without stumbling across a diversity hiring headline. The unavoidable fact is that, despite great strides over the past fifty years , the American workplace still has a diversity problem. If money talks, what does it say about diversity?

5 Ways to Improve Diversity Recruiting Efforts

Visier - Talent Acquisition

The Black Lives Matter (BLM) movement has placed a magnifying glass on the state of workplace diversity at organizations in all industries. What is diversity recruiting and why is it important to success? 5 ways to improve your diversity recruiting initiatives.

Do Employee Referrals Hurt Diversity?

Social Talent

There’s one catch: People gravitate towards – and therefore refer – people who are similar to themselves, meaning a hyperactive referrals program can have the unintended effect of reducing a company’s diversity. That doesn’t mean, however, that you should pump the brakes on employee referrals in the name of diversity, but rather that you should be deliberate about the way you scale them. Ask for diverse referrals. Make your commitment to diversity known.

How to Make Diversity Recruiting a Strategic Priority

Talemetry

A diverse workforce is more than just a nice-to-have. It is a strategic imperative that improves innovation, enhances perspectives, increases adaptability, and drives financial and organizational performance. In our last blog, we examined the business case for diversity recruiting , noting the correlation between a more diverse workforce and organizational performance. So how can you increase the diversity of candidates for your organization?

5 Ways Technology Can Help You With Diversity Recruiting

Social Talent

A new Deloitte survey confirms diversity pays off. They found diverse and inclusive workplaces generate 30% higher revenue per employee and are twice as likely to meet or exceed financial targets. According to their research, 68% of companies are focusing their diversity efforts on recruiting and exploring technology to reduce bias in recruiting. To help you move the needle, here are 5 ways to recruit diverse candidates using technology.

How a lack of diversity hurts profits

JazzHR

The verdict is clear: If you’re not a diverse company, you’re going to fall behind. Research shows that diverse workforces are intricately linked to the overall success of an organization, including its profits. When it comes down to it, non-diverse companies stagnate. Here’s more information on how a lack of diversity hurts profits: Link to profits. So why exactly does diversity improve a company’s bottom line?

Why a diverse workforce requires diverse management

JazzHR

Underrepresentation in leadership can make diversity efforts feel hollow and forced. Having wide representation in staff will fall flat without corresponding diversity within management and executive roles at the company. Let’s take a closer look at why a diverse workforce requires diverse management: Closing the gap between intention and reality. Research indicates that diversity in leadership teams is lacking. The benefits of diverse leadership.

22 Examples of Awesome Diversity Goals

Ongig

We found 22 examples of diversity goals from top companies aiming to boost diversity, inclusion and belonging in the workplace. To make the list, the diversity goals had to be written on their web site or spoken goal by their leadership (e.g. 22 Diversity Goal Examples.

How to Increase Diversity in the Workplace

Hireology

Diversity and inclusion have for a long while been hot button issues in the workplace. 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. So, if you want your business to be ahead of the curve, a diverse workforce is absolutely essential. .

Achieve Diversity through Expanded Recruitment Efforts

Recruiting Daily Advisor

As the Black Lives Matter movement continues to make headlines across the nation pushing for social justice and equity, there is an even greater call for employers in all industries to be more diverse and inclusive. And how do we become more diverse if there is a lack of diverse candidates?

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.

Why Internal Mobility is Key to Building a Diverse Workforce

Visier - Talent Acquisition

Ensuring people from diverse backgrounds have a fair shot at C-level positions is crucial. Below are some questions you can ask of your workforce data to foster internal mobility, retain diverse talent, and ward off skills gaps: Step 1: Investigate bias. Diversity & Inclusion

Quantifying the Gender Gap in Financial Services

Entelo

This time around, however, we’ve set our sights on the world of financial services. Financial services companies have talked a great deal about increasing diversity for years. The benefits for those who have walked the walk in terms of embracing gender diversity are clear. But who really knows how big the gaps in gender equality currently are in financial services and what it will take to create a change in the tides across the industry as a whole?

How Post Business Recovery Will Benefit by Focusing on Diversity and Inclusion

CakeHR

Diversity and inclusion has been one such area that until the emergence and unfolding of the COVID-19 pandemic, had gained a worthy focus and significant momentum. Naturally this effect extends to business operations and their diversity focus as well. Why focus on diversity matters.

Diversity And Inclusion: A Business Case

Ideal

Are you trying to make a case for diversity and inclusion in your organization? No organization will actively reject the idea that diversity and inclusion programs are good things for their business. Once you get past the “OK, no one is outwardly saying no to this idea” phase, you get to more complicated ground, though: what are companies actually doing about diversity? And then you come to this: can you actually build a business case around diversity and inclusion?