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.

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. Source: Michael R.

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People Analytics Lessons for Financial Services Leaders

Visier - Talent Acquisition

Beyond the traditional sources of intangible value—software, intellectual property, “goodwill” from acquisitions, etc.—is People analytics helps firms understand the sources and nature of this value, enabling its preservation and growth.

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.

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

agencies sourcing talent on their behalf. AS SOURCE 49% SOCIAL. candidates as a sourcing. Some top benefits seen by those respondents that worked with this sourcing option before: Hiring Managers were split. third-party recruiters – they handle sourcing so you.

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. source ). source ).

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.

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.

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.

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.

Do Employee Referrals Hurt Diversity?

Social Talent

An average of one in every 16 referred candidates is hired, compared to one in every 100 candidates across all sources. Referrals have also been shown to have a faster time to hire, lower cost per hire, and higher retention rate compared to other candidate sources. 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.

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.

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?

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.

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?

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.

Achieve Diversity through Expanded Recruitment Efforts

Recruiting Daily Advisor

Source: Rawpixel.com / shutterstock. 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. 2020 has been quite the year!

Embrace Talent Diversity in Your Sourcing Strategy

Entelo

It's no secret that many companies struggle to nurture and promote diversity. As we see time and time again, diversity and its advancement are goals without easy solutions. Rather than be turned off by complexity and difficulty, companies and recruiters must approach diversity like they would any other issue, with determination, curiosity, and creativity. By doubling your diversity, you could increase earnings by 8 percent or more. inclusion bias diversity hiring

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. An organization’s biggest potential talent source may be its own people,” states Deloitte’s Global Human Capital Trends report. Walk the diversity talk with career development.

Hiring Diversity of Perspective

Recruiting Daily Advisor

There are many factors that go into creating a strong workforce, and diverse perspectives play a big role. According to Harvard Business Review (HBR), a more diverse team creates a smarter team. Source: JensHN / shutterstock. Diverse workforces reflect more of the world as a whole, which encourages multiple solutions to problems and fosters new ideas. Overall, diverse teams have shown improved outcomes due to: Information being processed more carefully.

The Importance of Age Diversity in the Workplace

4 Corner Resources Staffing Blog

Diversity is a popular topic, particularly when it comes to workplace culture and staffing. What is Age Diversity? Age diversity is the acceptance of all age groups in the workforce. Age diversity isn’t anything new, and nor is the generational gap.

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

Social Talent

Diverse organisations perform better. In our E-Book on How to Increase Diversity Through Improved Hiring & Recruitment Processes , we uncovered some very interesting insights on the benefits of embracing diversity, including: Most studies surrounding diversity in the workplace have found that for every 1% increase in gender diversity, company revenue increases by 3%. Higher levels of ethnic diversity increase revenue by a whopping 15%.

Making the Decision to Focus on Diversity and Inclusion

Recruiting Daily Advisor

Leadership and HR at IntelliDyne considered the movement to be a call to action and the opportunity to reinforce and expand their diversity and inclusion efforts. We hired recruiters with military backgrounds to help us best connect with this talent source.

Simple Starts: A Gateway to Changing Workplace Diversity

Recruiting Daily Advisor

Source: Elena Schweitzer / Shutterstock. And, similarly, make some small changes—which could add up to big results—as you work toward a more diverse and inclusive organization. In most companies, the diversity and inclusion conversation is part of a broader discussion about culture.

Why and How to Develop Diverse Tech Talent in a Post-COVID World

Recruiting Daily Advisor

Source: Andrey_Popov / shutterstock. HR managers should take this time to reassess who and how they hire to look for opportunities to fix the diversity gap within their companies. It’s high time for the tech community to step up and tackle its diversity problem head-on.

To Attract Mid-Career Candidates, Financial Services Companies Must Think Outside the Box

Eightfold

Hiring remains a challenge in the financial services industry. According to the Bureau of Labor Statistics , unemployment in financial services stands at 2.2 Between 2016 and 2026, employment in this sector is expected to grow faster than the nationwide average for all jobs, placing pressure on financial services firms to fill 773,800 new positions. Assessments can help future-proof a financial services firm’s hiring, as well. Reduce Bias and Promote Diversity.

Diversity Disclosure Could Land You on FORTUNE’s ‘Most Progressive Companies’ List

Recruiting Daily Advisor

As more organizations shift their focus to be more inclusive, a new partnership could reward employers for disclosing their diversity and inclusion (D&I) efforts. Source: Victor_85 / iStock / Getty Images. Diversity & Inclusion business data diversity FORTUNE

5 Recruiting Tips To Increase Diversity In the Workplace

Ideal

A new Deloitte survey finds companies’ interest in diversity in the workplace is focused on bias in recruiting and the use of new tools to reduce this bias. 68% of companies they surveyed measure and monitor diversity and inclusion in their recruiting. The appeal of diversity in the workplace is recognized by both sides of the recruiting equation. To help you capture this competitive advantage, here are 5 recruiting tips for increasing diversity in the workplace. .

Diversity and Inclusion Statistics To Transform Your Diversity Recruitment Strategy

Recruiting Blogs

Is your company investing enough in diversity? Well, with the new recruiting season quickly approaching, every company should know best practices of diversity recruiting to attract top talent. Diversity is one trend that companies need to embrace in 2020. Source: Linkedin.

Boost Diversity: Tips From Top People Executives at Visa, Pinterest and More

1-Page

As we wrote about earlier this year, diversity is one of those topics we all talk about, but practically speaking, much harder to shift. The benefits of a diverse workplace have been measured and proven: the McKinsey report Diversity Matters showed that gender diverse teams are 15 percent more likely to outperform financially, while ethnically […].

Q&A: The State of Diversity and Inclusion in 2019

Recruiting Daily Advisor

Diversity and inclusion are critical to the cultural and fiscal health of any organization, and there are multiple studies that show the advantages of active diversity and inclusion practices. Source: Rawpixel.com / shutterstock. A recent Willis Towers Watson report on diversity and inclusion helps characterize the diversity and inclusion landscape in organizations across the country. Again, inclusion and diversity are business imperatives.

The Relentless Case For Diversity In Hiring In 2020

Entelo

So how do you, as an HR or Talent Acquisition leader, make sure that your organization gives DE&I more than just lip service – and convince a group of homogeneous senior level executives that you need dedicated resources to achieve a successful Diversity, Equity & Inclusion program?

10 Things You Didn’t Know About Workforce Diversity

CakeHR

What is workforce diversity and why does it matter? Individuals, companies and indeed the collective culture is beginning to embrace the benefits of having a diverse workforce. The Business case for Diversity & Inclusion (D&I). Diversity and financial performance in 2017.

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. Looking for new sourcing techniques to reach out to a broader group of candidates?

Hiring Diverse Leadership in a Homogenous World—Begin by Changing Up the ‘Gatekeepers’

Recruiting Daily Advisor

Source: fizkes / shutterstock. And, instead of bringing added diversity to the mix, it is a pattern repeated when companies turn to Gatekeeper search firms whose senior ranks—like those of their corporate clients—are overwhelmingly white.

Diverse Compensation Plans Are a Win-Win for All

Recruiting Daily Advisor

Source: lovelyday12 / iStock / Getty Images. That stake in the business can take the form of profit sharing or even an equity interest, as most Americans want greater diversity beyond just base wages in their compensation plans. A Financial Health Win for Employees.

Watch Out for the Effects of Holiday Stress on a Diverse Workforce

Recruiting Daily Advisor

Are the holiday blues a diversity issue? At first thought, the busyness and stress of the holiday season doesn’t seem directly related to workplace diversity, but delve a little deeper, and the connection becomes clear. Source: pathdoc / Shutterstock.

3 Actions to Take for Recruiting a More Diverse Workforce

Recruiting Daily Advisor

It’s becoming more and more important for hiring managers and employers to create a uniquely diverse workforce and equally diverse workplace, right now. Source: Rawpixel / iStock / Getty. Here are some compelling statistics to consider: 45% of people surveyed think that hiring managers are in the best position to increase diversity, compared to the CEO or the entire HR department. times more revenue, and are 120% more capable of meeting financial targets.

Examining Your Talent Strategy Through a DE&I Lens

ClearCompany Recruiting

As we continue through 2020, it’s become clear that Diversity, Equity, and Inclusion (DE&I or DEI) should be an imperative part of your talent management strategy. What is Diversity, Equity, and Inclusion? But what exactly is the difference between diversity, equity, and inclusion?