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BENEATH THE SURFACE. A Unified Approach To Realizing The Value Of Untapped Talent

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WHY IGNORING UNTAPPED TALENT IS COSTING YOUR ORGANIZATION The value of untapped talent must be recognized as more than a matter of social good or community goodwill; workers from these groups provide high return on investment and unique skills that employers should be realizing. Organizations that are capable of thinking outside- the-box in their recruitment strategy will see outside-the-box results. Not only are experiences with untapped talent pools largely positive, workers from these groups show higher-than-average job performance, when compared to other employees. For example, SHRM research found that individuals with criminal records can be some of the most dedicated employees in organizations and among those with the best retention rates when given the opportunity 1 . The basic value proposition for untapped talent pools is essentially the same, regardless of which group your organization plans to work with: in exchange for investment from the business in establishing a program to implement inclusive hiring practices, employers receive a new candidate pool from which they can source high-value employees who will provide results. Further, according to the majority of HR, managers, and executives, when implementing diversity, equity, and inclusion (DEI) programs focused on untapped talent groups, the benefits were greater than or the same as those for employees from their standard talent groups. 1 http://www.gettingtalentbacktowork.org/wp-content/uploads/2020/04/GettingTalentBackToWork_ Toolkit_WorkforceReadiness-2.pdf 87% 85% 83% 62% 64% 82% 11% 14% 14% 24% 28% 15% 60% 67% 72% 73% 64% 76% 16% 15% 25% 19% 37% 26% FIGURE 1. The majority of HR professionals, managers, and executives report positive experiences working with people from untapped talent groups FIGURE 2. The majority of HR professionals, managers, and executives report workers from untapped talent groups perform the same or better than other employees VETERANS MILITARY SPOUSES AND CAREGIVERS INDIVIDUALS AGE 60+ INDIVIDUALS WITH DISABILITIES OPPORTUNITY YOUTH INDIVIDUALS WITH A CRIMINAL RECORD VETERANS MILITARY SPOUSES AND CAREGIVERS INDIVIDUALS AGE 60+ INDIVIDUALS WITH DISABILITIES OPPORTUNITY YOUTH INDIVIDUALS WITH A CRIMINAL RECORD Overwhelmingly or mostly negative Neutral Overwhemingly or mostly positive They regularly perform better than other employees They regularly perform the same as other employees They regularly perform worse than other employees 3

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