One day, after taking a harder look at my bank account, I knew that my business was in trouble. We didn't have enough money in the bank to pay our employees, much less handle the rigors of an upcoming merger with another organization. I knew that I needed help, which is why I hired a professional business consultant. She came in, analyzed our business, and made helpful suggestions that really turned things around. It was amazing to see how much of a difference her advice made. This blog is all about using consultants to improve your business, so that you can keep doing what you love.
According to the United States Department of Labor, there is very little diversity in Fortune 500 companies. For example, over ninety percent of those that work for these large companies are men, and the majority of those are white. The small percentage of women that are employed make more than twenty percent less than their male counterparts.
The U.S. Equal Employment Opportunity Commission states that companies cannot discriminate against minorities, whether it has to do with their gender, race, religion, or national origin. Many companies are looking to break this trend and develop more diverse workstations, as well as equality with those in comparable positions. There are a few things that companies can do to increase their chances of becoming more diverse internally and externally.
One of the best ways to recruit people of varying gender, races and ages is to have a large job recruiting fair. While some companies will post a job that is available on a job posting board, it often reduces the number of applicants and takes up a great deal of time. During a job fair, multiple positions can be filled in a condensed amount of time. This also allows the hiring team to meet a larger variety of qualified individuals to choose from for the job openings, which will open up the door to a more diversity in the workplace.
Some companies prefer to promote from within while others prefer to take qualified applicants from outside of the company. Internal promotions allow human resources to hire qualified people from every race and gender with the security of competency. When a company promotes from the inside, it allows them to see beyond first impressions. Instead, the person that is most qualified for the job can be rewarded with more responsibility and more pay. When a minority is hired for an equivalent position to a non-minority, employers can take a stand by offering equal pay for equal work.
One of the easiest ways to diversify a company is to create solid diverse external relationships. This could include clients of varying gender or races. For example, a company that sponsors a minority group in addition to a non-minority group will show its employees that it has a tolerance for diversity in the workplace. Companies that offer services and goods should also refuse to turn away clients for any reason that is connected to race, religion, gender or age to build reflective ideals in employees.