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Diversity Benefits Business

Date Added: June 05, 2008 04:26:14 PM
Author: david fischer
Category: Business & Economy: Employment and Work
A new report demonstrates how diversity can benefit business through a number of case studies. This reports come from trade body the Confederation of British Industry (CBI) and the TUC. They found that companies that look beyond race, sex, age, disability, sexual orientation or religion can increase morale, productivity; improve retention rates and lower recruitment costs. One of the case studies was with Pinsent Masons Solicitors'. They proved that their positive approach to lesbian and gay equality saw its lawyer turnover rate fall from 17% to 12%, a substantial saving when losing a solicitor costs a law firm an average of £110,000. Arriva North West and Wales the transport company have seen an increase of 60% in female bus drivers and Arriva Yorkshire has seen a third reduction in the number of people leaving within two years of employment. This was after the transport company sent 5,800 staff on a diversity course, set up 24 learning centre to raise skills and introduced a diversity programme. This report was released by the director -general of the CBI, Richard Lambert: the general secretary of the TUC, Brendan Barber; Trevor Philips, Chair of the Equality & Human Rights Commission; and the minister for women and equality, Harriet Harman. Chris Crawford, MD of BD Recruitment comments: "in an uncertain climate when skills are already in short supply, businesses need to look to a more diverse workforce. This report clearly proves that embracing this diversity brings benefits to both staff morale and productivity." Chris Crawford is the MD of BD Recruitment a specialist recruiter for the creative recruitment, marketing recruitment and technical IT recruitment industries, based in Manchester, UK.
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