Diversity Recruitment
Best Practices
DiversityInc Top 10 for Recruitment and Retention
PwC
Statistics
DiversityInc Recruitment and Retention
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
Among Executives in
Fortune 500 Corporations
Diversity in the workplace is necessary to create a competitive economy in a globalized world
Native Americans
White Males
Blacks/African-Americans
Asians
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