Advancing diversity, equity, and inclusion (DEI) will continue to be a significant priority for companies in 2022. About 45% of HR teams plan to spend more on diversity and inclusion, and 46% will maintain their previous budget, meaning less than 10% will scale back on DEI spending.
Many companies invest in DEI training programs, include diversity and inclusion statements on their careers site, and create partnerships to broaden their recruiting funnel. These are all important DEI strategies, but to make measurable progress, you need a talent analytics approach that leverages technology for tracking, measurement, and analysis.
Download “Improve Diversity, Equity, and Inclusion with Modern Hire Predictive Analytics,” and learn how a talent analytics approach enables organizations to become more proactive with DEI.
Modern Hire’s science-based virtual hiring platform uses talent analytics and artificial intelligence (AI) technology to eliminate bias in the hiring process and help organizations make hiring decisions informed by prediction of candidates’ future job performance.
A recent study demonstrated that even small amounts of bias an enormous impact on hiring outcomes. The researchers note that regardless of the hiring context, “…even seemingly small amounts of bias in the assessment phase can have a profound negative impact on a wide range of hiring outcomes for individuals and organizations alike.”
Learn how to use science, technology, and predictive analytics can improve your DEI in hiring.