Diversity Recruiting Statistics For 2021 | Red Branch Media

EDITOR’S NOTE:
Red Branch Media writes over 1000 content pieces annually about recruiting. We scour the internet for statistics that will support our educational and informational content on diversity recruiting. Please properly credit the source of the statistic (linked) when using it in your own work. 

DIVERSITY IN RECRUITING BREAKDOWN:

Diversity recruiting is defined as a company’s conscious consideration of candidates from all different types of backgrounds. Companies then take steps to ensure their hiring practices are inclusive and free from barriers and biases. 

DYK: 67% of job seekers consider #workplacediversity an important factor when considering employment opportunities. See what you can do to gain more #diversity in your workplace on the @RedBranch blog: Share on X

 

MUST KNOW DIVERSITY STATS

• The Biggest Reason Companies Avoid Hiring Diversity? 41% Say They’re “Too Busy”. (Source) 
• 57% of Employees Think Their Companies Should Be More Diverse. (Source) 
• Blind Applications Lead to Five Times More Women. (Source) 
• Bilingual Employees Earn 10% More Revenue. (Source) 
• 67% of job seekers consider workplace diversity an important factor when considering employment opportunities. (Source) 

 

 

IMPORTANCE OF DIVERSITY IN THE WORKPLACE

• 43% of companies with diverse management exhibited higher profits. (Source)
• Companies with racial and ethnic diversity are 35% more likely to perform at a higher level and have increased ROI. (Source)
• Diverse teams are 87% better decision-makers than individuals. (Source)
• Companies employing an equal number of men and women manage to produce up to 41% higher revenue. (Source)
• Highly inclusive companies are more likely to hit their financial target goals by up to 120%. (Source)
• A staggering 78% of people think that diversity and inclusion offer a competitive advantage. (Source)
• Racially diverse teams provide 35% better performance compared to their competitors. (Source)
• Companies with high racial diversity see 15 times more revenue and sales. (Source)
• 95% of CEOs are white men. (Source)
• Google stated that, by 2025, workers from under-represented groups would fill 30% of leadership positions. (Source)
• The millennial generation is 16% more diverse than baby boomers. (Source)
• 83% of all millennials are more likely to be actively engaged if they believe their company stimulates a diverse and inclusive culture. (Source)
• Over the past five years, the number of diversity and inclusion roles listed on LinkedIn has increased by 71% globally. (Source) 

 

 

BENEFITS OF TEAM DIVERSITY

• 67% of millennial and generation z employees value diversity when considering employment opportunities. (Source) 
• Cognitive diversity drives innovation by up to 20%. (Source) 
• Racially diverse teams report a 35% increase in performance compared to their competitors. (Source) 
• In a survey, 57% of employees wished their company was more diverse. (Source)
• 61% of employees have either witnessed or experienced workplace discrimination first-hand. (Source)

 

MORE DIVERSITY IN RECRUITING ARTICLES:

• Diversity And Inclusion: Hiring For The Next Generation | IQTalent Partners
• 3 Ultra-Fabulous Reasons LGBTQ Inclusion In The Workplace Is Everything <3 | Red Branch Media
• Building a Diverse Workforce Through Upskilling | Caliper
• #NextChat Recap: Building A Diversity-Focused Talent Acquisition Strategy | Red Branch Media
• Where Diversity Meets Qualified – How To Build A Candidate Pipeline With Qualified AND Diverse Candidates | IQTalent Partners
• How Blended Learning Is Important To Inclusive Leadership | Caliper
• #RedBranchWeekly: Ideas For Inspiring Better Diversity Hiring | Red Branch Media

Red Branch Media researches a plethora of B2B topics in order to create the best possible content for our clients in HR Technology, Finance, Non-Profit and more. Our content marketing research team is making these collections of statistics available to you. To view our entire collection of statistics, click here. If you would like your research or articles to be featured on the Red Branch Media B2B Marketing blog, please click here.