The bottom line is that DE&I-focused hiring is good for your bottom line. Studies prove that more diverse workforces yield more annual revenue. When a wealth of varied perspectives is represented – a diversity of thought – problems get solved more quickly, innovation abounds, employee satisfaction increases, and productivity and growth become inevitable.
But it takes time to curate a diverse, dynamic work culture, so C-level executives must put in that time and energy necessary to help one germinate. This is not about checking a box; this is about genuine commitment to building a more inclusive and, thus, a more profitable company.
According to a 2021 article published in the Harvard Business Review entitled “Unconscious Bias Training That Works,” the most “effective UB training does more than increase awareness of bias and its impact. It teaches attendees to manage their biases, change their behavior, and track their progress. It gives them information that contradicts stereotypes and allows them to connect with people whose experiences are different from theirs. And it’s not just a one-time education session; it entails a longer journey and structural changes to policies and operations.”
Diversity, equity and inclusion efforts only succeed when everyone from lower level employees to C-suite execs participate earnestly. Company leaders, therefore, need to set the example for their employees, participating in effective unconscious bias training themselves, as well as establishing it as company policy for every employee.
In addition, understanding and catering to the specific needs of employees will increase the likelihood they’ll stick around, helping reduce costly turnaround. For example, providing gender-inclusive restrooms, spaces designed for differently-abled employees, and training that targets stereotyping and exclusion. Quite simply, when employees feel valued, they perform better, and the entire company thrives.
As is evidenced by our DE&I ideals, we deeply value our own diverse employees and those we place for clients. Insisting on an equitable and inclusive culture in our own house means we know how to help cultivate one in yours. Our mission becomes your mission, our team your team. When we work together to help transform DE&I concepts into concrete reality, your employees, your company, and our society will prosper– and your bottom line will thank you.