Diversity Hiring Helps Organizations Bridge the Gap

In today’s age of social equality and egalitarianism, diversity hiring plays a major role in the HR functions of all major organizations. Although the idea of promoting Diversity is most prominent in North America, a move in this direction can be seen worldwide. But the question remains, what value do organizations receive out of promoting diversity?

In order to begin understanding what value diversity brings, we must first define the term ‘diversity’. In 2003, a study was conducted for the New York Times Job Market where more than half of hiring managers (55%) said they defined diversity as a mixture of people of different backgrounds, races and cultures. Moreover, when asked what ideas they associated with workplace diversity, hiring managers mentioned: Equal Opportunity, Fairness, Inclusive Culture, and Meeting the Affirmative Action quotas.

By actively promoting diversity in the office place, teams become more productive as they learn to work effectively with individuals of diverse backgrounds, which allows for Equal Opportunity. Diversity practices create a work environment or culture that allows everyone to contribute all they can to the organization, promoting fairness and inclusive culture. This is done while achieving appropriate representation of racial and ethnic groups, meeting any required Affirmative Action quotas.

However, the most important reason that organizations practice diversity hiring is to exercise Economic Sustainability. Clients strive to have an internal diverse employee base that has no barriers on gender, culture or age. Customers want to see that the internal make-up of a client’s organization is reflective of the race, ethnic and socio-economic profile of today’s society, as this more fully reflects the face of North American now and in the future. This gives customers more confidence in the organization and in turn, more confidence in the organization’s products or services, aiding them in increased sales.

Ultimately, organizations promote diversity and allot procurement dollars to support this major effort. Businesses are striving to place a greater emphasis on the positive relationship between diversity and business results.