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23 Mind-Blowing Diversity Recruitment Stats

Jeanette Maister April 5, 2018
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In the past few years we’ve seen companies enact policies to create a more diverse workplace. Large and institutional companies do become more diverse over time with new politics, but the work is diluted as 52% of Fortune 500 companies have either gone bankrupt or been acquired in the last decade. The only way to address the lack of diversity in the workplace is to completely ignore gender, race, age, and other diversity factors in the hiring process.

Did you know companies whose senior management teams are more than 15% female had a 5% higher return on equity? Learn more from @Oleeo_ and these #DiversityRecruitment stats that will blow your mind!Tweet This!

Check out these 23 mind-blowing diversity recruitment statistics that will blow your mind:

  1. Hispanics or Latinos—whose family origins are in Central or South America and other locations besides Mexico, Puerto Rico, and Cuba—accounted for 26 % of the Hispanic or Latino labor force in 2016, up from 22 % in 1988. - U.S. Bureau of Labor and Statistics
  1. From 1980 to 2020, the minority working-age portion of the workforce is projected to double to 37% from 18%. - National Center for Public Policy and Higher Education
  1. Millennials will comprise 75% of America’s workforce by 2025. - Brookings
  1. The overwhelming majority [of managers] (bordering on 90%) believe that if cross-border communication were to improve at their company, then profit, revenue and market share would all improve as well.  - Economist Intelligence
  1. There are 76 million baby boomers, and 72% of them are white. The millennials are an even larger group with 87 million, but much more diverse — only 56% are white. CNN Money
  1. Between 2000 and 2014, 18.7 million new immigrants (legal and illegal) settled in the United States. Despite the Great Recession beginning at the end of 2007, and the weak recovery that followed, 7.9 million new immigrants settled in the United States from the beginning of 2008 to mid-2014.- Center for Immigration Studies
  1. 45% think that hiring managers are in the best position to increase diversity (compared to the CEO or HR department). - Glassdoor
  1. 38% of executives report that the primary sponsor of the company’s diversity and inclusion efforts is the CEO. - Deloitte
  1. Highly inclusive organizations generate 2.3x more cash flow per employee, 1.4x more revenue, and are 120% more capable of meeting financial targets. - Gartner
  1. Companies whose senior management teams are more than 15% female had a 5% higher return on equity. - Credit Suisse
  1. Facebook has increased its overall representation of black employees to a mere 3% in the United States, up from 2% in 2014. - Facebook
  1. Companies in the top quartile for gender diversity are 15% more likely to have financial returns above their respective national industry medians. McKinsey
  1. The unemployment rate went down for veterans in 2016 to 5.1%, a record low.U.S. Bureau of Labor and Statistics
  1. Pew’s survey found that 34% of the respondents believe that male executives are better than women at assuming risk. - Pew Research
  1. 43% of companies are now offering holidays that allow employees to take time off based on their religious or cultural situation. - Society for Resource Human Management
  1. 50% of men think women are well represented in companies where 10% of senior leaders are women. - Women in the Workplace in 2017
  1. 13% of employers monitor how much time is spent discussing inclusion and diversity at senior management meetings. - Robert Walters
  1. The updated workforce data shows that women make up 31% of all employees at Google. And women hold one in four leadership roles at the company. - Fortune
  1. 76% of its [The Microsoft Company] overall workforce is male, while only 24 % is female. 61 % are white. 29% are Asian. 5% are Hispanic/Latino. And only 3% are black.- Wired
  1. 67% of both active and passive job seekers say that when they’re evaluating companies and job offers, it is important that the company has a diverse workforce. - Glassdoor
  1. Only 20% of C-suite roles are held by women. - Women in the Workplace in 2017      
  1. Companies in the top quartile for racial and ethnic diversity are 35% more likely to have returns above national industry medians. - McKinsey & Company
  1. 74% of Amazon executives are white men. That compares to 68% at Apple, 65% at Google, and 51% at Facebook. Recode

The workplace has made some progress when it comes to diversity, but still has a long way to go. How does your company measure up to some of these statistics? If your diversity and inclusion program is struggling, it may be time to think about a solution to help you solve these issues. Get our ultimate checklist to assess, implement and measure diversity recruitment tactics at your organization!  

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