Diversity and inclusion get a lot of attention, and for good reason. Research points to real benefits for companies that hire people from underrepresented backgrounds.
What the research shows
Better decisions. An article in Harvard Business Review, Why Diverse Teams Are Smarter, reports that diverse teams are better at solving problems and making decisions. People from different backgrounds bring different perspectives, and that range leads to more creative solutions.
Stronger financial results. McKinsey & Company's report Diversity Matters found that companies in the top quartile for racial and ethnic diversity were 35% more likely to have financial returns above their national industry median.
A closer connection to customers. Research from the Center for Talent Innovation found that companies with more diverse leadership were more likely to understand and connect with a diverse customer base.
Where tech still falls short
Many companies still struggle here. The Kapor Center reports that Black and Latinx people make up just 3% and 5% of the tech workforce.
The fixes are well understood. Companies can introduce blind hiring, start employee resource groups, and offer development and mentorship programs. The goal is a workplace where everyone can do their best work and bring their own perspective to it.
How Mavericks can help
Over the years, Mavericks Recruiting on Demand has built a specialty in intentionally diverse candidate pipelines. We have worked with many tech companies to build more inclusive teams by finding and hiring people from underrepresented groups, including women, people of color, veterans, people with disabilities and members of the LGBTQ+ community.
We want the tech industry to look more like the society it serves, and we help our clients build teams that are inclusive, equitable and representative of their communities. To learn how Mavericks can help you hire more people from underrepresented groups, reach out to Kyle Barbato.