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.
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.
According to the data, only 37% monitor their recruitment to obtain data on protected characteristics, while just 27% remove certain biographical details from initial selection process.
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