Diversity In The Workplace: Practical Tips to Build a More Inclusive Workplace
Feb 22, 2023
Did you know that 26% of Fortune 100 companies don't have Human Resources in their C-Suite?
That's right, over a quarter of the most successful companies in the world don't have an HR person in their top leadership team. These are the statistics released by a new BambooHR study on the state of HR leadership. But why is that?
It's not because HR isn't important. After all, human resources are the lifeblood of any organization. And we know that having amazing people leadership should be at the core of a business strategy.
But maybe it's because HR has traditionally been seen as a support function rather than a strategic one.
But times have changed. HR is no longer just about payroll and benefits. It's about driving culture, talent management, and employee engagement. And in today's business landscape, those are key strategic imperatives.
Other stats to come out of this study, maybe not alarming as the first one, are that women dominate the top levels of HR at about 70% and that an HR degree is actually only the fifth most common degree among HR leaders. Management, psychology, law, and finance degrees are the top 4.
The key takeaway from this study is that even though a quarter of Fortune 100 companies can cope without HR in the C suite, this is not something that small and mid-sized businesses should try to do. Ensure you have a HR leader in your C-suite to guide your business strategy at every step.
Tune in to this week's episode to hear us talk more about the stats from this study and what it means for your business.
In this episode's 'Consultant's Corner' we are exploring some of the things you need to do to have a more diverse workforce.
Often a time, companies will fill job positions through referrals. If your referral population only represents a specific demographic, it can create the unintended consequence of a less diverse workplace.
Joey and Sommer look at ways you can improve your retention of a diverse workforce and your attraction of a diverse workforce through your recruitment efforts.
Tune in to learn more!
Additional Resources
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📰 Article in question:
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Bamboo HR Link:https://rewards.bamboohr.com/mzseYaP
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Navigating Difficult Decisions: A Guide To Small Business Layoffs: https://community.jumpstart-hr.com/navigating-difficult-decisions
Hosts: Joey Price & Sommer Ketron
This show is powered by Jumpstart: HR, LLC
www.Jumpstart-HR.com
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