Live and lead in ’24?
Diversity brings with it a variety of benefits, providing a broad mix of perspectives, skills, experiences and ideas.
It’s no secret that traditional hiring methods haven’t exactly been fair and equitable, meaning that workforces across industries often aren’t reflective of the diverse nature of the world we live in. This has changed. Karat’s third annual study reflects these changes.
“The biggest thing is looking for talent in places you haven’t been,” said Jason Wodicka (they/them), principal engineering advocate at Karat. And, in the end, “equitable hiring processes are more efficient hiring processes.”
Per Karat’s findings, reliance on sourcing agencies among top performers has dropped to 40%, and there has also been a steep decline over the last year in the use of sourcing tools such as LinkedIn Recruiter (from 75% to 58%).
Similarly, referrals — a foundational practice in recruiting often thought of as “tried and true” — seem to be falling out of favor. Less than half (42%) of engineering leaders identified referrals as their primary source of candidates.
While data analysts, cloud architects and data engineers are the three most in-demand roles right now, top-performing companies are moving more toward tech generalists.
And . . .
Companies that lead in disability inclusion drive more revenue, net income and profit, according to a new research report from Accenture (NYSE: ACN).
The report identifies that, over the last five years, the business case for hiring persons with disabilities has become even stronger. Specifically, companies that have led on key disability inclusion criteria over that time saw 1.6 times more revenue, 2.6 times more net income and 2 times more economic profit than other companies in the DEI. Further, leaders are more likely to outperform industry peers in productivity by 25 percent.
I’m an advocate for age-diversity inclusion in hiring and team productivity. There are several recent data sets that show Boomers add measurable productivity, stronger customer relationships and greater team creativity (new product development).
These are two verified sources that confirm how workforce diversity delivers results.
You have choices. A Gap Analysis Tool will help you get past your compliance requirements and up the curve towards top performance and personal satisfaction.
#hiretalent #hireinclusively #changemanagement #usingai #crazysmart #smallchanges
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