Benefits of a Diverse Workforce

Did you know that companies with a diverse workforce typically outperform their industry norms by 35%?[1]

Think about that for a second. Your company will be both stronger and more profitable if your workforce has a blended mix of different ages, ethnicities, races, gender, etc… Even education, background, personality and cognitive style plays a factor in cultivating a successful business environment. Bringing together different people for a common goal gives your company many benefits such as:

Different Experiences, Talents and Skills

Can you imagine if everyone on your team graduated from the same school, received the exact same training and worked the exact same jobs? They’d have nothing to share with one another. People from different backgrounds bring different experiences, talents and skills to the job. While it’s important for a team to share some skillsets, a variety of experiences gives employees a chance to learn from another and therefore become more well-rounded employees.

Variety Creates Innovation

Not everyone on your team is going to have the same strengths. Nor will they have the same weaknesses. But what one team member lacks, another will surely have if your workforce is diverse enough. And the more diverse thinking you have on your team, the more creative their innovation becomes. Different solutions to problems you thought only had one answer.

Access to a Bigger, Deeper Talent Pool

When you have a diverse workforce, the word gets out pretty fast that your company is progressive and values a good employee regardless of skin color, age or gender. A company that embraces and promotes equality attracts a wider range of candidates, which brings in more experiences, talents and skills.

An Open Door to New Markets

Language and cultural barriers can sometimes hinder a company’s growth. However, with a diverse workforce and employees that can speak multiple languages, you have a wonderful opportunity to open doors to new markets within your industry.

Improved Business Reputation

As your company becomes more diverse, customers will recognize your recruiting efforts and as long as you continue to provide quality service, their loyalty will increase. Loyal customers are key to a great business reputation because they give recommendations and provide first-hand testimony to your company’s commitment to excellence.

At Flex Tech, we know having a diverse workforce can help your business succeed. And we’re committed to helping you find the right people for the right jobs so your company can be more productive and profitable.

[1] https://www.forbes.com/sites/ruchikatulshyan/2015/01/30/racially-diverse-companies-outperform-industry-norms-by-30/#651f45d11132

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