Making the Connection: DE&I + Financial Wellness

Recruiting Daily Advisor

As the world watches to see how talk about diversity, equity, and inclusion (DE&I) translates into action, corporate America faces a test of character. Yet financial wellness programs may be one of the most underutilized tools in terms of moving the needle on diversity and inclusion goals.

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Diversity Recruiting 101 Explained

WizardSourcer

Diversity Recruiting has always played a key role in the success of a business. From a personal standpoint, we learn early on the benefits of having diverse sources of income, diverse skills, and a diverse knowledge of topics, views, and so on.

Pandemic Brings Increased Demand for Financial Services Talent

Broadleaf

The financial services sector was one of a handful of industries that experienced positive job growth during the COVID-19. So, what caused such a rise in demand for financial services talent? Looking to the future, what are some anticipated trends within the financial services sector?

7 Ways to Manage a Talent Shortage

In this whitepaper, Paycor examines the top 7 things you can do to out-maneuver your competition and win the war for talent in the coming months.

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

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.

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.

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.

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.

Helping the Business Community—and the Community at Large—Tackle Issues of Diversity, Equity, and Inclusion

Recruiting Daily Advisor

Diversity, equity, and inclusion (DEI) have increasingly become key areas of focus for businesses across the country and around the globe. In November 2020, the Chattanooga Area Chamber of Commerce announced Lorne Steedley, MS, MA, as Vice President of Diversity and Inclusive Growth.

15 Reasons Why Technology is Crucial to Diversity Hiring

ClearCompany Recruiting

Diversity hiring is hiring based on ensuring the process and procedure is free from bias based on age, race, gender, religion, sexual orientation, and other personal characteristics that are irrelevant to their job performance. Today, HR technology is playing a large role in eliminating bias when hiring and enabling diversity recruitment initiatives. ClearCompany breaks down why: Establish Job Descriptions That Attract Diverse Candidates.

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

Use Voluntary Diversity Goals as Effective Tools, Not Legal Land Mines

Recruiting Daily Advisor

In response to mounting pressure from all sides, employers are racing to implement robust diversity, engagement, and inclusion (DE&I) initiatives. Voluntary hiring and/or promotion goals are an effective diversity tool if properly implemented.

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.

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

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.

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.

Aligning Reality with the Ideal: Diversity Exec Working to Bridge Equity Gaps

Recruiting Daily Advisor

When Ellen Bailey, Senior Director of Diversity, Inclusion, and Belonging at Harvard Business Publishing Corporate Learning, was growing up, she remembers her parents telling her, “You can be anything you want.” Recent years have seen corporations tout the benefits of diversity.

5 Insights from Financial Services Job Seekers and Recruiters

Jobvite

The financial services industry has seen dramatic shifts in the last year due to the impact of COVID-19. We surveyed financial services recruiters last fall as well as job seekers this spring to get a sense of the changing priorities, stressors, and challenges they’re experiencing.

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.

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.

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. .

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.

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.

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?

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.

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.

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?

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?

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?

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.

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.

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.

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.