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Diversity Recruitment

Best Practices

DiversityInc Top 10 for Recruitment and Retention

#1

PwC

Statistics

#1

DiversityInc Recruitment and Retention

10

64.4% include targets for diversity and inclusion at the senior mgmt level

Company for Executive Women

Top 10 list Asian Americans, LGBT,

Global Diversity

81.9% of respondents have a formal, written diversity strategy

Highlights:

  • Chief Diversity Officer position – filled with line partners
  • Executives responsible for diversity goals – including recruitment and retention
  • Nine resource groups at PwC used for recruitment

Average total number of board members

in Fortune 500 corporations – 11.7

  • 18.04% women
  • 14.45% minorities
  • 3.55% minority women

Has a recruiter position focused on sourcing, recruiting and acquiring diverse candidates

Compares its workforce to US Census data on market availability

Recognized by Corporate Leadership Council as leader in diversity recruitment

Current Trends

Builds relationships with colleges: MIT, Georgia Tech

Establishes relationships with community

Blacks/African-Americans fare better

than other minorities

Women fare better than minorities on average

Fare best in insurance and retail

  • Fare best in energy and food products/services
  • Hispanics fare best in food products/services
  • Asians fare best in telecomm/computer/business services

Support programs

that inspire children

to pursue degrees in engineering

Donate to programs that encourage/enable women/minorities to become engineers

A diverse workforce can capture a greater share of the consumer market

Recruiting from a diverse pool of candidates means a more qualified workforce

Diversity in the boardroom is needed to leverage a company’s full potential

Why is Diversity Important?

Women and Minorities

Hispanics/Latinos

29%

3%

Among Executives in

Fortune 500 Corporations

Diversity in the workplace is necessary to create a competitive economy in a globalized world

Native Americans

.25%

White Males

71%

Blacks/African-Americans

Asians

2.55%

4%

Facts & Figures

Diversity fosters a more creative and innovative workforce

More than 35% of our population combined

Minorities

General Population Statistics

More than 50% of the U.S. population

Women

Descriptive Statistics

Results of Diversity Recruitment

  • No one, universal definition
  • Diversity does not just include protected classes
  • Much broader:
  • Individual characteristics
  • Values and beliefs
  • Experiences
  • Education
  • Background
  • Diversity recruitment is when a company looks for a mixture of people with differences and similarities in these areas (SHRM definition)
  • It can be targeted or general
  • The objective is to fill a company’s talent pipeline with people who are qualified and can perform a position’s essential functions

What is Diversity Recruitment?

Multivariate Analysis

Results of Diversity Recruitment

What is Diversity?

Holding them accountable for diversity goals

Advertise in diverse communities or orgs

Recruit from diverse pools

Involve Managers

Actively Search For Diverse Talent

1. Defining Diversity and its Impact on Recruitment

2. Current Trends in the Boardroom

3. Best Practices and Examples

4. Business Outcomes

5. Best Practice Recommendations

Multivariate analysis

Use the resources you already have

Without buy-in, success is unlikely

Results of Diversity Recruitment

Tap Insiders

Acquire Top-Down Support

What does it mean to your company?

Overview

Define Diversity

What does it mean to your company?

Define Diversity

Recommendations

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