Diversity is a hot topic in the marketplace in recent years. Diversity means race, age, sexual orientation, ethnic origin, and physical ability. Many organizations have now recently begun to realize the significance of diversity and started to embrace it in their talent acquisition strategies in their quest to find top talent. A study revealed that 61% of employees believe in diversity and that its strategies are essential. Seventy-five percent of employees feel more diversity is needed for the growth of business and for the competitive market.

Here are a few reasons why diversity is an important aspect for a business when looking to bring great talent into the organization:

 

1. Appeals to a larger talent pool:

 

By incorporating a diverse hiring process, you are creating opportunity for a bigger talent pool than any other company may have. Top talents and job seekers enjoy workplace with diversity and feel that inclusion is an important factor, when it comes to where you work. Statistics show that 67% of candidates feel that diversity is an important factor when accepting job offers. Candidates search for diversity within an organization by viewing videos and pictures of companies they are potentially going to be a part of through social platforms or websites. Therefore, companies should effectively include hiring strategies that appeal to diversity in the workplace.

 

2. Diverse Organisations Drives Creativity and Innovation:

 

Working with diverse teams with different backgrounds and experiences help with having a variety of different views and opinions. This assists in the emergence of diverse and unique ideas making more room for innovations that helps companies to stand out in the market. This could also lead to new ideas, products and services which would eventually drive growth and revenue in the organization.

 

3. Better at problem solving:

 

Diverse teams are likely to outplay individual decision makers since people bring in their experiences and ideas from different backgrounds and thus helping in making strong and better decisions for the growth of a business. When people from different backgrounds and experiences come together, it is more likely for them to challenge each other and come up with unique solutions to different problems within the company. A recent study found that diverse teams are faster to solve problems than non-diverse teams.

 

4. Enhances productivity and employee’s retention:

 

By having diverse teams, you are sure to enhance productivity and stand out in the competitive market. By appreciating and nurturing different people regardless of their ethnic background, gender and culture, people feel accepted and respected for who they are. This vastly improves employee morale and makes their workplace enjoyable and valuable which leads to high productivity and employee retention.

 

All this being said, it should be understood that simply having a diverse workforce is not enough but rather every organization must make an effort to foster an inclusive culture that values different perspectives, ideas and opinions. Implementing an inclusive culture is important to fully realize the benefits of diversity.

Contact us at Tecnita if you are looking for some ideal candidates for your organization. We have a wide pool of strong and qualified candidates who maybe a right fit for your organization and for your particular requirements.