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360 Diversity Highlights the Benefits of a Diverse Workforce


WEBWIRE

At a time when cuts are being made, 360 diversity is emphasising the need to implement and manage policies relating to diversity and inclusive practice within the workplace. Making cuts to human resources provides short term savings but the long term costs incurred can be far greater. It is no secret that with a diverse workforce comes a wide skill base, high productivity and more satisfied customers. It also stands a company in good stead within the marketplace and also amongst competitors.

Equality and diversity policies go a long way to addressing and meeting the needs of employees. The increased staff retention, which results from such policies, provides huge savings in recruitment costs and staff training. Along with the many other benefits associated with a diverse workforce, it is plain to see that the outlay of managing diversity in the workplace is in comparison very small.

Stuart Bray from 360 diversity comments “Now is the time to invest in your equality and diversity strategy. Companies that use 360 diversity have in fact saved money whilst giving maximum commitment to equality and diversity and their workforce. Equality and diversity does not have to be a costly solution and using innovative tools such as 360 diversity will help employers stand above the rest.”

Recent studies have concluded that to get ahead in business companies must assess the changing trends and prepare themselves accordingly. Attracting greater diversity within the workforce will in turn increase a company’s ability to service a more diverse market and increase global business opportunities.

“Diversity must be seen as a strategic response to major business trends such as globalization, demographic shifts, and the talent shortage,” explained Dr. Rainer Strack, senior partner at The Boston Consulting Group and HR expert.

360 diversity can help companies to promote inclusive practice and get the most from their workforce whilst also ensuring equality and diversity legislation requirements are being met. Their online forum engages employees and provides a platform through which to communicate and supply information.



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