Boardroom hires | Quarter of firms failing at diversity

Diversity and inclusion, as well as being one of the key metrics by which HR measures its own success, has a drastic impact on overall business culture and performance.

Companies that prioritise D&I witness up to a 58% increase in worker performance, whilst companies with higher than average diversity at Board level see 19% higher revenues than those who don’t prioritise it, according to McKinsey data.

However, despite the fact that Deloitte statistics discovered that over 50% of employees believe that D&I needs to be increased within their organisation, a new report from the CIPD and Omni has found that a quarter of employers make no effort to attract and recruit more diverse candidates for top-level jobs.

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Diversity | BBC misses BAME leadership target

Whilst the Resourcing and Talent Planning Survey 2020, which polled 660 employers, does show that organisations had more success improving diversity more broadly, with two in five recruiting a more diverse workforce in the last year, it also suggested that employers could be making even more progress, as less than a quarter go beyond basic legislative requirements on protected characteristics with regards to their recruitment and selection processes.