In an economic downturn, some companies cut their diversity programs when they view it as a moral responsibility, according to The Pittsburgh Post Gazette. However, some other companies maintain their diversity programs because they consider them an important component of their financial success. A study in the American Sociological Review proves workplace diversity is one of the best predictors of a company's financial success. A diverse workforce encourages sharing of opinions that lead to better products. Which of these attitudes is more prevalent?
We took a look at jobs advertised online with diversity in the title to see if diversity hiring has taken a hit or prevailed in recent years. Hiring demand for diversity positions is the same volume it was a year ago with about 450 ads. In a 4 year period, the highest peak in hiring demand was October 2008. That's 46% higher than the volume of ads posted online in July 2012. It looks like diversity programs could have been more of a focal point before the recession.
Hiring Demand for Diversity Jobs – 4 Year Hiring Trend
SOURCE: WANTED Analytics™
Most Advertised Titles for Diversity Jobs
- Director Diversity Inclusion
- Diversity Manager
- Diversity Leadership Intern
- Intern Administrative Diversity
- Manager Supplier Diversity
- Manager Diversity Inclusion
- Director Diversity
- Diversity Recruiter
- Diversity Coordinator
- Chief Diversity Officer
It's interesting to see "Interns" as 2 of the top 5 titles. Does this reflect that companies have cut back on diversity program budgets and are filling roles with internships to reduce costs?
New York, Washington DC, and Chicago have the highest demand for diversity positions. These metropolitan areas also have the most qualified job candidates. Indianapolis saw the largest increase in demand, up 700% since July 2011. Below is a heat map of candidate supply.
SOURCE: WANTED Analytics™
Our Hiring Scale™ shows that nationally, Recruiters will experience moderate difficulties recruiting for diversity job candidates. It's least difficult to source this talent in Cincinnati, OH and most difficult in San Francisco, CA.
Are you filling diversity positions? Check out candidate supply, volume of job ads, salaries, hiring difficulty and much more with a free trial of WANTED Analytics.
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