Workplace diversity has become a hot button issue and a top priority for recruitment departments.

A recent survey by the Society for Human Resource Management (SHRM) found that 57% of recruiters say their talent acquisition strategies are designed to attract diverse candidates.

The rise in diversity is related to the increasingly collaborative and team-based structure of modern organizations: the evidence is clear that companies that can effectively recruit and manage a diverse workforce have a clear competitive advantage.

What is workplace diversity?
Workplace diversity is the idea is that your workplace should reflect the makeup of greater society.

The concept of diversity in the workplace has become important because historically, this wasn’t the case. When people think of diversity, they often think of demographic groups like race or gender. However, diversity is a much broader and more inclusive concept.

Workplace diversity is defined as understanding, accepting, and valuing differences between people of different races, ethnicities, genders, ages, religions, disabilities, and sexual orientations, as well as differences in personalities, skill sets, experiences, and knowledge bases.

What are the benefits of workplace diversity?
Diversity in the workplace ensures a variety of different perspectives. Since diversity in the workplace means that employees will have different characteristics and backgrounds, they are also more likely to have a variety of different skills and experiences.

Consequently, employees in a company with higher workplace diversity will have access to a variety of different perspectives, which is highly beneficial when it comes to planning and executing a business strategy.

Companies with greater workplace diversity also achieve greater profits.

McKinsey & Company, a global management consulting firm, conducted research of 180 companies and found out that companies with more diverse top teams were also top financial performers.

Companies with diverse workforce make better decisions faster, which gives them a serious advantage over their competitors. As a result, companies with diversity in the workplace achieve better business results and reap more profit.

Phyton Talent Advisors offers a scalable candidate sourcing service that supports the recruiting efforts of organizations in need of diverse talent.

As a team with more than 20+ years of experience in sourcing, we’ve seen businesses thrive by helping them increase the diversity of the talent they employ. For more information on diversity recruiting, contact us today at 212-797-1144.