Why Should I Hire a Diverse Workforce?
- By 2045, Census Projections predict that the US will have a more racially diverse population where white people will no longer be in the numerical majority
- Racially and ethnically diverse companies are 35% more likely to outperform their competitors
- Organizations with gender diversity are 15% more likely to outperform their competitors
- Diverse talent leads to increased creativity, higher innovation, better decision making and more. Read about the many benefits of a diverse workplace here
- People with diverse identities often feel excluded, unwelcome, or outright terrorized in the workplace. This leads to disengagement which ultimately could lead to turnover
- Highly engaged teams show 21% greater profitability and the cost of turnover ranges from 10-30% of EACH lost employee’s annual salary
