Why is Diversity and Inclusion Important to Hiring?

by Pranav Ramesh
December 10, 2020
Importance Of Diversity And Inclusion In Recruitment

Hiring for diversity and inclusion jobs has become one of the strongest trends in recent years. Social justice, thankfully, is in the national spotlight more than it has in years. While there is still much work to be done, companies are embracing diversity and inclusion at a rapid pace and are showing no signs of slowing down.

We all know that companies should be hiring for diverse and inclusive workplaces, but do we know why?

Topics Covered

  • Creative Problem Solving
  • Candidate Attraction
  • Employee Retention
  • Team Performance
  • Social Justice

Creative Problem Solving

The world is changing faster than ever, and technology is no different. The way we work, play, and live is always evolving so it’s no wonder the tools and apps we use do as well. For every technological change, there is a team of developers, architects, and project managers who have to change as well. New customer wants and needs arise and the applications have to adjust accordingly.

Diverse and inclusive teams, filling all different jobs, bring with them a wide variety of knowledge and experience. Of course, they know a variety of programming languages and tech stacks, but more importantly they bring different ideas and perspectives. The best way to solve the new, complex problems of both today and tomorrow is with a diverse team built on inclusion and acceptance.

RELATED: 6 Steps to Develop a Foolproof Recruitment Policy

 

Candidate Attraction

Now more than ever, job seekers are specifically looking for companies and jobs that value diversity and inclusion. According to Glassdoor, 60% of candidates now consider diversity and inclusion an important metric when deciding whether or not to accept a job.

People are attracted to organizations that blatantly, and publicly, prioritize diversity and inclusion. They believe they will be accepted for who they are and that their unique personalities will be valued. Having a less accepting company culture, or no visible culture at all, can easily scare top-tier talent away.

Employee Retention

Not only are candidates more attracted to diverse and inclusive teams, but they tend to stick around longer as well. Companies made of diverse candidates, who value inclusion, are 20% more likely to stay at their job according to a recent study by Gartner.

Everyone wants to feel cared about as a person. When they do, and they see their teammates are cared for too, they tend to refer more friends, leave better reviews, and share their great experiences on social media. Word of mouth referrals, in person or online, are some of the best forms of advertising. When you build a team out of diverse and inclusive jobs, they will reward you for it!

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Team Performance

Diverse and inclusive teams outperform their peers by 35%, according to Deloitte, for a variety of reasons. Employees are more engaged when they feel their unique ideas are important. They are more bought-in to the project when they feel they have a direct effect on the outcome. They have a wider range of skill sets and knowledge bases they can reach out to for help. New, complex problems, that can’t be solved with traditional ideas, can be overcome.

All in all, a diverse and inclusive environment drives employee engagement which, in turn, drives team performance.

Social Justice

For all the reasons listed above, diversity and inclusion are smart business decisions. Teams can solve difficult problems, attract better talent, retain that talent, and increase their performance just through creating the right culture with diversity and inclusion training.

At the end of the day, though, it’s just the right thing to do. Every person, regardless of their labels, deserves the opportunity to perform and succeed. Emphasizing diversity and inclusion helps to ensure that happens.

Conclusion

Diversity and inclusion are no longer just buzzwords in business, they are necessities. Companies that have truly built their culture on these values are reaping the benefits. Those that have not are losing their best employees while finding it difficult, if not impossible, to replace them. Investing in diversity and inclusion is not only a smart business decision, it’s the right thing to do.


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