Diversity, equity, inclusion, belonging…I’m sure you’ve heard of at least of few of these. They may seem like just another set of buzz words floating around the business world, but they’re much more than that. Companies are in a war for talent and being a company that prioritizes efforts towards diversity, equity, inclusion, and belonging, are seeing bigger returns on their recruiting investments.
By 2030, Gen Z will make up 30% of the workforce. Gen Z is the most diverse generation, both racially and ethnically (https://www.pewresearch.org/social-trends/2020/05/14/on-the-cusp-of-adulthood-and-facing-an-uncertain-future-what-we-know-about-gen-z-so-far-2/). It’s no wonder, then, that they expect companies to do better and, according to Untapped’s Early Talent Sentiment Report, are willing to turn down their dream job if the company has a poor DEI reputation
(https://www.untapped.io/resources/early-talent-sentiment-report). In order to attract and retain talent, companies are finding good pay and benefits aren’t enough, and that a winning culture is key.
No company can create a winning culture overnight. However, research shows that companies with ethnic, racial, gender, religious, educational, and experience diversity, and a dedication to ensuring those diverse employees have a seat at the table, a voice that is heard, and ideas that are valued are on the path to having a culture in which employees are engaged and reach the heightened sense of belonging – all part of a winning culture.
The good news is that your company can get there. Your company can decide to put these issues first and find the top talent that is looking for a great employer with a great culture. It won’t be easy, but a strategic partner can make it manageable. Guided Arrow HR Consulting has the experience and expertise to help your company get started on the journey. Reach out today for a free consultation clientcare@guidedarrowhr.com.
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