MJBizMag May-June 2022 - 35

Fresh
Priorities
Companies renew emphasis on building
a diverse staff and ensuring pay equity
The strength and quality of a business' workforce is
the biggest factor in its success. Yet many companies
don't achieve their maximum potential because
the staff-especially management teams-lack the
diversity to help them connect with more customers.
Bias during the hiring process is the biggest obstacle
to hiring a diverse staff. Here are actions that
executives can take:
* The first step toward eliminating bias in your company
is conducting an assessment. This might require hiring
a consultant specializing in diversity, equity and
inclusion (DEI) to explore bias in your business.
* Post-assessment recommendations could include
measures such as adding blind resumes, eliminating
university degrees from job requirements and having
multiple and diverse interviewers.
* It is important to your company's bottom line that
women and people of color are hired for " pursestring "
executive positions and not just DEI, human
resources and marketing roles.
* Pay equity is critical to retaining talent and achieving
fairness in your company. Have your HR department
or an outside firm conduct a pay-equity audit to
identify problems.
* Include salary ranges when posting job openings,
as is required in many states, including some of the
country's top cannabis markets.
mjbizdaily.com | May-June 2022 35
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MJBizMag May-June 2022

Table of Contents for the Digital Edition of MJBizMag May-June 2022

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