Inclusion is an essential aspect of every business nowadays. Hiring a wide variety of people from all social, ethnic, and cultural backgrounds enhances your company culture and boosts business success.
Despite inclusivity becoming a key target for many employers, it’s still unclear how many businesses employ individuals from a wide range of racial and ethnic backgrounds. Being able to show that your company values diversity and inclusivity will give you the added edge above other businesses within your industry.
You can display your inclusivity efforts by hiring a diverse group of staff, promoting inclusivity in your online content, and being transparent about the backgrounds of your existing employees.
So, why is inclusivity so important? Here are some key ways in which hiring a diverse range of employees will benefit your workplace.
Improved Business Success
Research by Bersin by Deloitte showed that businesses with a diverse range of staff members experience significant increases in their cash flow. More specifically, cash flow per employee more than doubles when diversity is achieved.
Promoting an inclusive workplace increases customer satisfaction, employee satisfaction, and productivity. All of these factors can contribute to increased profits and business success.back to menu ↑
Better Reputation and Top Talent Recruitment
If you want to recruit high-quality employees, it’s important to highlight your efforts for inclusivity. When you can clearly show that you focus on diversity and acceptance, you’ll attract more job seekers to your company.
Three-quarters of job seekers and employers agree that diversity is a vital component of any successful workplace. Encouraging diversity will make your business more appealing to job seekers and also gives you a wider pool of candidates to choose from when recruiting new staff.
If you can emphasize your focus on inclusivity, you’ll stand out above your competitors and recruit the best candidates for every role in your company. You’ll avoid having to resolve a federal employee’s lawyer claim, which could be damaging to your reputation.back to menu ↑
Happier, More Engaged Employees
When you have a diverse group of people in your workplace, your employees will feel safer. Everybody will feel a sense of belonging, and they’ll feel comfortable being themselves.
Happier employees are more engaged in their work, and they are more likely to surpass their targets. As a result, workflow efficiency and improves your profits increase.
Employees that are engaged and satisfied in the workplace won’t feel the need to search for work elsewhere, so your employee retention rates will remain high. Reducing employee turnover has positive effects on your reputation, company culture, and cash flow.back to menu ↑
Greater Productivity and Innovation
Diverse employees provide a diverse set of skills and experience. Therefore, hiring a wide range of individuals can improve productivity and innovation, as multiple employees can collaborate on different concepts and ideas within the business.
Employees will feel more comfortable providing their input to the team when you promote inclusivity and acceptance, which enables your business to thrive.