HRO Today June 2018 - 22

Special D&I Report
Bias in candidate screening remains a major obstacle to diversity,
but AI-enabled technology can help.
By Marta Chmielowicz
The world economy is growing and diversity is growing
with it. According to the U.S. Census, more than half
of all Americans are projected to belong to a minority
group by 2044-and this will have a major impact
on labor market demographics. The Bureau of Labor
Statistics reports that the percentage of Hispanics in the
workforce is expected to almost double by 2060 while
the percentage of whites is expected to decrease by
nearly 20 percent. In addition, rising labor participation
rates among women, increasing numbers of millennials in
the workplace, and continued growth of immigration are
all making diversity a critical business consideration.
While most employers are already aware of the
importance of adopting practices that encourage a
diverse and inclusive workplace, many neglect to embed
this in their recruitment and sourcing processes. In
fact, the Diversity and Inclusion in Recruitment study
by Robert Walters indicates that although 85 percent
of executives say that improving diversity is a business
priority, only 46 percent have programs in place to attract
diverse candidates.
[22]
HRO TODAY MAGAZINE
|
JUNE 2018
Neglecting diversity leads to a missed opportunity
for businesses and candidates alike. Adopting a more
inclusive recruitment process delivers several benefi ts
that create a major competitive advantage:
* Innovation. Diverse teams bring different perspectives,
experiences, and approaches that drive creativity and
innovation. " Companies with a diverse workforce
benefi t from new perspectives in thought, leadership,
and processes. The cost of ignoring diversity is the
opportunity cost of bringing in someone who thinks
differently than others and just may have a revolutionary
way of doing things, " says Zach Townsend, HR manager
at Verifi ed First.
* Better results. Inclusive teams also create better
products, especially in industries that operate
internationally and develop products that are used
worldwide. Paul Burrin, vice president at Sage Business
Cloud People, believes that teams that represent all races,
ages, genders, and abilities are more likely to develop
products that refl ect the diversity of its user base, making

HRO Today June 2018

Table of Contents for the Digital Edition of HRO Today June 2018

HRO Today June 2018 - 1
HRO Today June 2018 - 2
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