The Best Companies Boast a Strong Diverse Workforce

SelectOne is committed to workplace diversity and more importantly equity. We know forward-thinking businesses are working hard to create the change we all want to see in the world, and they are well on the journey of accessing people from diverse cultures and experiences to make their companies great.

We are here to help you identify and plan for locating a diverse talent pool so your workplace will be filled and energized by new cultural experiences which ultimately leads to a highly productive and innovative workplace.

This is why a commitment to DEI is so important on multiple levels:

IT INCREASES YOUR BOTTOM LINE

Your team may be made up of people who largely look and think the same way and they may come from similar backgrounds. It's human nature to feel more comfortable with people who are similar but expanding your field of vision to access groups, associations, or communities unlike yours has proven to increase your bottom line.

"Racially and Ethnically Diverse Companies Perform Better Financially. Companies in the top quartile for racial and ethnic diversity are 35 percent more likely to outperform their respective national industry medians' financial returns."

                                                                                                                                                                                                —Bailey Reiners

If your company employs people from a variety of backgrounds with a myriad of reference points, innovation is far more likely to happen. Discussions might result in effective, inspiring concepts, products, and ideas that almost always appeal to a larger audience and broader marketplace.

IT PROMOTES A CULTURE OF INCLUSIVENESS

It is important to realize how exclusive it can feel to minorities and women alike when they enter a new environment. DEI is a critical component of a modern, forward-thinking culture. However, hiring a more diverse workforce alone is not enough; to be part of an inclusive culture based on true equity and not just equality is crucial for your leadership to understand. Equity or inclusiveness means active participation not simply checking the Equality Box that an organization has hit a desired hiring goal. 

Inclusiveness will lead to a significant drop in employee turnover and truly begin to build a high-capacity work environment where everyone has input and is respected for the ideas they bring to your company. The result will always be: High engagement and high output.

IT ALLOWS YOU TO MARKET YOUR COMPANY TO A WIDER AUDIENCE

If everyone in your company is exclusive to one race, gender or thought process, your target audience will be relatively limited. But, if you employ a more diverse team with input and collaboration from the top down, your marketplace for products and services will naturally expand to a wider demographic which means greater revenue opportunity.

IT ESTABLISHES YOU AS A DIVERSE ORGANIZATION

Hiring people from various backgrounds helps you stand out as a company while also putting you on the right side of history. And by hiring a diverse workforce, you improve every aspect of your organization and help your business stand out as one where people matter and are respected which is a great message to any prospective employee or customer.

We are here to help you on your journey toward a more equitable and productive workforce.

Please contact us for more information.