Tag: D&I

Rapid diversified growth in STEM-related industries will be their focus

Airswift, the global workforce solutions provider, announced on 2 March 2023 that they have appointed Anna Frazzetto as Chief Revenue Officer. This appointment aligns with Airswift’s drive to continue its diversification and growth across STEM-related industries.

Frazzetto is an established technology recruitment executive based in New York. She most recently held the roles of Chief Digital Technology Officer at Tential and Harvey Nash.

The company believes that Frazzetto’s deep domain experience in addressing critical business challenges and expanding digital capabilities will allow Airswift to maximize revenue growth opportunities.

Frazzetto has been listed as Staffing Industry Analysts (SIA) Global Power 150 Women in Staffing for five years and has a recognised consultative approach that will generate powerful, tailored solutions for Airswift’s diversified clients and internal teams.

Janette Marx, CEO at Airswift, commented: “Technology is fundamentally changing every aspect of our lives – and the world of work is no different. Anna’s understanding of how to harness the power of technology and match that with the right skills will be critical as we continue to expand into STEM industries. As a fellow passionate advocate for advancing women in STEM, her addition to the team will not only drive diversified revenue growth, it will also increase the opportunity to enhance equity in the space.”

Anna Frazzetto, CRO at Airswift, added: “Workforce demand in STEM industries has never been higher across the world. Energy and technology sectors in particular need on the ground support to ensure the right people are recruited to propel these industries forward. I’m delighted to join the passionate team here at Airswift, who will support me in delivering the global growth strategy of the business. I’m looking forward to enhancing and diversifying our offering across STEM industries – ensuring we deliver the best tailored and scalable workforce solutions to our customers.

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Only 37% of board members are made up of women

Women make up the majority of internal workers at staffing companies, but they are still underrepresented at the executive, CEO and board levels, according to the “Insights on Gender Parity in the US Staffing Industry” report. Its data comes from a study led by the Women Business Collaborative with support from the American Staffing Association, National Association of Personnel Services, Staffing Industry Analysts and the TechServe Alliance.

Of staffing firms surveyed, women represented a median 66% of internal staff. However, they represented only a median 50% of executive team members and a median 37% of board members. And these percentages could even overstate the actual proportion of women in executive and board roles, as staffing firms with female executives may have been more likely to participate in this survey. In comparison, a similar survey last year found that women represented a median 56% of internal staff, but they represented only a median 46% of executive team members and a median 36% of board members.

“This benchmark study and SIA’s report are game changers in the staffing industry in addition to being a very clear call to action for all leaders,” said Ursula Williams, chief operating officer for SIA. “Using the data and analysis in this report, industry professionals see the degree of gender parity as well as gain a greater understanding of the key strategies for supporting and advancing women. This will change our industry — and our workforce — for the better.”

It also found that women account for a substantial share of CEO/ownership at small staffing firms, but representation lags at midsize and large staffing firms. For small firms — those with less than $25 million in revenue — 53% had CEOs/owners who were women. That number went down to 45% among midsize firms — those with between $25 million and $100 million in revenue. It went down even further to 18% at large staffing firms with revenue of more than $100 million. The report noted that only 8.8% of Fortune 500 companies had female CEOs.

Interestingly, female-owned staffing firms had a higher Net Promoter Score than male-owned staffing firms, 84 versus 53. However, the report noted that association is not the same thing as causation, and there can be several factors at play. For example, the NPS for small staffing firms in aggregate in the survey was 75 while the NPS was 50 for large staffing firms, and small staffing firms have a larger percentage of female owners than midsize or large staffing firms.

The report is available online, and there is also a dynamic dashboard to view survey results, the “WBC Benchmark Survey on Gender Equity in the Staffing Industry.”

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Discrimination worsens after hiring

In a survey conducted late last year, Remote surveyed 1,250 hiring managers and business owners across the UK, US, Canada, Germany, and France to learn more about diversity and inclusion in the hiring process in 2022.

According to the research, 49% of job hunters have experienced discrimination during the hiring process for a new job. A further 52% said they had witnessed this sort of discrimination.

The survey looked at the percentage of employees that have experienced discrimination in the hiring process across the US, France, the UK, Germany, and Canada:

  • United States – 56%
  • France – 54%
  • United Kingdom – 50%
  • Germany – 48%
  • Canada – 36%

Across all countries surveyed, the research revealed that discrimination occurs more against male applicants (52%) than female applicants (44%).

Young people (18-24) are the most vulnerable to, or observant of, workplace discrimination. Two-thirds (69.23%) of applicants in this age group have experienced discrimination in the hiring process.

The investigation also found that discrimination becomes more prevalent after the hiring process. Fifty-five percent of employees said they had experienced workplace discrimination, and 59% said they had witnessed it.

The survey looked at the percentage of employees that have experienced discrimination across the US, France, the UK, Germany, and Canada:

  • United Kingdom – 59%
  • Germany – 59%
  • France – 55%
  • United States – 54%
  • Canada – 46%

When looking at the practices that organisations use to promote diversity and inclusion in their hiring processes, the survey found that the most popular offerings are:

  • Offering workplace flexibility – 23%
  • Acknowledging holidays of all cultures – 21%
  • Providing awareness training and implementing diversity and inclusion policies for HR or People teams and hiring managers – 20%
  • Implementing scorecards to support managing bias during the hiring process – 20%
  • Advertising roles through new channels that target diverse candidates – 19%

Inclusive hiring practices are essential to the success of any organisation and influence their ability to attract and retain top talent, build a positive work environment, foster a rich company culture, improve productivity, and increase creativity and innovation.

By prioritising diversity and inclusion, organisations ensure they can take advantage of the workforce’s full potential and build a more inclusive environment.

On the other hand, without these practices, organisations risk missing out on sources of innovation and creativity.

Thirty-six percent of UK employers and hiring managers said that managing inequitable inclusion (the concept that diversity means different things to different people) is the biggest challenge.

Following this, 35% said that communication issues relating to language barriers, slang, colloquialisms, and cultural misunderstandings are challenging.

Time to train employees about different ways of thinking and approaching a scenario is the third most common challenge at 34%.

 

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4% of companies surveyed publish up-to-date diversity data

The UK’s top companies may be failing to attract job seekers as they do not provide enough information about diversity and inclusion, finds a new survey. 

New research by digital communications agency Comprend, which ranks the UK’s top 200 companies through their corporate websites, found that while most UK companies talked about how diverse they were, only 4% published up to date diversity data. This is despite 80% of job seekers saying that this data was of vital importance when looking for a new role. 

Although companies talked about their approach to diversity (71%), this was not backed up with concrete data. The survey also found that UK companies were failing to present themselves as attractive employers through not supplying adequate information about career progression (20%) or flexible working (15%). 

Now in its 25th year, Webranking, by leading London and Stockholm based corporate communications agency, Comprend, is the largest, survey of corporate websites and the only survey based on stakeholder expectations. The annual survey asks over 500 investors, journalists and jobseekers about their expectations when it comes to a company’s corporate website, via three surveys. The UK companies are measured against a set of criteria, based on these stakeholder expectations and then given an overall score.  

Overall, the survey found that UK companies don’t present enough information on their Careers pages, receiving an average score that is four percentage points below the European average score.  

Comprend found that although UK companies are generally good at providing their approach to diversity (71%), few companies supported the diversity approach with diversity data (just 4%), even though 80% of respondents in the Careers survey thought that this was important. According to the results, UK companies also missed vital information about how their employees’ careers could progress while working at their companies. Only 20% of the ranked companies offer information about this, even though it is something that we see gaining increased importance in the yearly Careers Survey. Only 15% of the companies provide their approach to flexible working, even though this is sought after information among jobseekers. 

Helena Wennergren, Head of Research at Comprend, said: “Our annual Webranking survey is the only survey of corporate websites based on stakeholder expectation. This year, we’ve found that despite outlining their approach to diversity, UK companies are not providing the data behind this. We know that jobseekers are more drawn to companies that show they have more diverse workforces. Stakeholders just don’t settle for vague statements – they want to see the whole picture to understand and to trust a company.” 
 

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Appointment of women CEOs doubles globally

Only 8% of the UK’s CEOs are women, according to the eighth annual Route to the Top report released by provider of executive search and leadership advisory services, Heidrick & Struggles. The survey analysed the profiles of 1,095 CEOs at the largest publicly listed companies across 24 markets including Australia, Brazil, China, Germany, Italy, Mexico, UAE, UK and the US.

The percentage seems low, but the share of newly appointed women CEOs has more than doubled globally to 13% over the first half of 2021; this compared to the last six months of 2020 which was 6%. The increase appears to indicate more progressive and inclusive policies inside the world’s top businesses. D&I continues to be brought into sharp focus, as made evident by the results shared at Talint Partners’ Benchmark Summit at The King’s Fund in London on 18 November.

While only 8% of UK CEOs are women, this is a 3% increase on last year and 2% more than both the European and global average (6%). At 14%, Ireland leads the world with the highest number of female leaders at the top of the corporate ladder.

Sharon Sands, partner in Heidrick & Struggles’ London office and co-lead of the CEO & Board of Directors Practice commented on the findings: “In the UK, the percentage of CEOs with cross-industry experience has risen to 34% in 2021 from 13%, as was found in the 2020 report. This shows that the skill set required is not-necessarily industry specific and can be transferred as required. Companies are also increasingly looking internally to fill available C-suite roles. At Heidrick & Struggles, we are strong believers in succession planning and the importance of developing a pipeline of diverse talent working their way up through the ranks.”

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Talent solutions industry supports economic recovery 

The winners of the 2021 TIARA Talent Solutions Awards Europe were revealed in a glittering live ceremony attended by over 250 senior leaders of Europe’s leading Talent Solutions, RPO and MSP companies. 

The Awards evening also saw the presentation of a very special award – the first TIARA Talent Solutions Europe Lifetime Achievement Award, which recognises a leader who has made a long-term and significant contribution to the industry. This was presented to Rosaleen Blair CBE, Chair of AMS. “It is hard to understate Rosaleen’s contribution to the sector. From AMS’s relatively modest beginnings in 1996 to a global leader with over 4,500 employees, operating in 100 countries, Rosaleen has been at the helm” said Ken Brotherston, Managing Director of TALiNT Partners. 

Following the presentation of the Lifetime Achievement Award, 11 winners were crowned, with seven highly commended finalists, which highlights the high standard of the entries this year. 

“In only our second year, our Talent Solutions Awards Europe have established themselves as the pre-eminent recognition campaign in the sector and are a perfect platform to showcase the best work the sector has to offer. All of the finalists shortlisted for the TIARA Talent Solutions Awards Europe are an inspiration to the talent solutions sector, from nimble, fast moving new scale ups looking to re-imagine what is possible, to the world’s largest and most successful players delivering game changing work for their clients and a range of mid-market operators with a clear focus and high levels of agility. They all showed why they are so important in helping their clients find and keep the people they need” commented Ken Brotherston, Managing Director of TALiNT Partners. 

“The quality of entries across each category was very high, with the winners’ entries being nothing less than outstanding. This makes a TIARA Talent Solutions Award a powerful and prestigious endorsement.”  

The judging process for the Awards was designed around the varied and complex demands of employers based on key performance metrics, case studies and testimonials. The 2021 judging panel brought together some of the leading practitioners in talent acquisition from organizations such as Balfour Beatty VINCI, Rolls-Royce, NatWest, MindGym and Tetra Pak.  

“The Talent Solutions sector has shown itself to be resilient and innovative throughout the pandemic. Our finalists have shown that they can not only respond to rapidly changing client requirements, but in a way that is commercially viable for their own sustainability and long-term success. The sector has a big part to play in how we recover from the pandemic, and I am excited in what the future holds.”  

Reed Talent Solutions was crowned the overall winner and received the Talent Solutions Provider of the Year Award, having also picked up the Candidate Experience Award and the Long-Term Partnership Award – Enterprise. Judges praised Reed Talent Solutions for “excelling and having a positive impact across each key area of service delivery.      

The TIARA Talent Solutions Awards Europe 2021 campaign was supported by headline sponsor Cornerstone OnDemand and award sponsors eTeam, Sonovate, giant group, iCIMS, Parasol, Horsely Analytics and Nétive.  

The full list of Talent Solutions Award winners and highly commended finalists is as follows:   

The Best Early Career Initiative 

  • Winner – Bright Network 
  • Highly Commended – AMS 
  • Highly Commended – GTI Recruiting Solutions 

The Horsefly Employer Brand Award 

  • Winner – Hays Talent Solutions 
  • Highly Commended – Cielo 

The Parasol Candidate Experience Award 

  • Winner – Reed Talent Solutions 

The Nétive Diversity & Inclusion Award 

  • Winner – AMS 
  • Highly Commended – Bright Network 

The Cornerstone OnDemand Best Use Of Technology Award  

  • Winner – Guidant Global 

The Sonovate Best Talent Solutions Firm to Work For 

  • Winner – AMS 
  • Highly Commended – Join Talent 

The eTeam Client Service Award 

  • Winner – Lorien 
  • Highly Commended – Gattaca 

The Giant Group Best New Talent Solutions Provider 

  • Winner – Join Talent 

The iCIMS Long-Term Partnership Award – Challenger 

  • Winner – Page Outsourcing 

The iCIMS Long-Term Partnership Award – Enterprise 

  • Reed Talent Solutions 
  • Highly Commended – Gattaca 

The Talent Solutions Provider of the Year 

  • Reed Talent Solutions 
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38% of employees are looking to change roles  

Almost all HR leaders are concerned employee turnover will skyrocket in the coming months, according to a Gartner survey of 572 HR leaders.  

Another Gartner survey of 1,609 candidates between May and June 2021 found that nearly half of today’s applicants are considering at least two job offers simultaneously. 

Talk of “The Great Resignation” is still dominating the news, despite no concrete evidence of its existence. According to data by Personio, close to two-fifths (38%) of employees are looking to change roles within the next six to twelve months.  

To gain competitive advantage in today’s war on talent, employers need to focus on retention strategies such as the following:   

  • Ensure career progression plans: empower your staff to be the CEO of their careers and ‘grow your own’ instead of hiring externally.  
  • Implement mentorship programmes. These foster a sense of belonging in the workplace.  
  • Emerging talent is very focused on diversity and inclusivity. Ensure your business is inclusive.  
  • Promote a work/life balance. Wellbeing is a key focus for employees now more than ever.  
  • Widen your business’s talent pool. Hire outside of the normal parametres of the preferred skillset. It’s not always about skills, it’s about potential, too.  
  • Offer flexible working that aligns to employee and work needs: flexibility is no longer a perk, it’s a prerequisite for employment since coming out of the pandemic. If you’re not prepared to offer your workforce flexibility, they will find an employer who does.  

Photo courtesy of Canva.com

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68% of white men ‘don’t feel they need more D&I education’

A study by Dynata has suggested that one in three employees fear that an unintended consequence of increased awareness around D&I would be losing their role.

The research polled over 1,300 workers from the UK and nearly 10,000 from countries such as France, Germany and the USA. It explored the attitudes and opinions of employees, managers and people leaders surrounding EDI programmes in organisations.

The study stated that, while one in three employees rated accountability and progress reporting as the most important element of a successful D&I strategy, the same amount also feared that the consequences of such reporting could endanger their chances of working for D&I-centric organisations.

A total of 68% of white men who responded to the survey believe that they don’t need any further education about the importance of D&I, yet a massive 46% believe that a greater emphasis of D&I may lead to their losing their own job.

According to the study, 66% of respondents noted that creating a safe environment and paying employees fairly for their work were the most desired and important outcomes of any D&I initiative.

The benefits of doing so, included greater feelings of confidence, productivity and belonging among workers.

It appears that there is a ‘significant’ gap between senior leaders and workers in measuring the success of D&I within organisations.

  • 60% of bosses believe that they are creating a ‘culture of belonging’
  • 41% of workers perceive their managers are, in fact, creating a culture of belonging

“A diverse workforce which brings together different perspectives, ideas and ways of thinking is essential for innovation in business, just as it is in wider society,” commented Samuel Kasumu, former advisor to the Prime Minister and Managing Director at Inclusive Boards.

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First in-person TIARA ceremony of 2021 

Winners of the 2021 TIARA Talent Tech Star Awards were revealed at a gala lunch for 120 guests at the Kings Fund in London today, attended by CEOs and founders of some of the UK’s leading HR and Recruitment Technology companies.

“As we emerge to a post-pandemic economy, business model transformation is a given,” said Ken Brotherston, MD of TALiNT Partners. “This, combined with an acute shortage of talent across every area of the job market, including recruitment itself, has created a perfect storm for HR Tech to show its value.” 

“The 35 Talent Tech Stars shortlisted this year are solving the talent challenges that employers and recruiters must address in a constantly evolving market,” added co-host Alex Evans, Programme Director of TALiNT Partners. “The winners demonstrated the value and impact of their solutions to a respected panel of judges, making a TIARA Talent Tech Star Award a powerful endorsement.” 

The judging process for the TIARA Talent Tech Star Awards is designed around the expectations of buyers and investors, based on key performance metrics, case studies and testimonials. An impressive and influential panel of judges from companies including LinkedIn, ManpowerGroup, SThree, Thames Water, AMS and the FCSA was chaired by Martin McCourt, former Dyson CEO and now Chairman and Non-Executive Director of companies including Weber, HeadBox, Lightfoot, FreeFlow Technologies and The learning Curve Group. 

“The 2021 Talent Tech Star Award finalists represent challengers, disruptors and transformers across the spectrum of business growth, from high potential, early-stage start-ups to scaling SMEs,” said Martin McCourt. “What they all have in common is great focus, execution, and ambition. They have also validated game-changing innovation and excellent customer service with some solid case studies and testimonials. 

“It was difficult for the judges to choose winners from such strong shortlists and even harder to choose a Champion of Champions from 13 very strong contenders. It has to be exemplary to inspire others to aspire to greater ambition and impact. That’s what transforms industries.” 

Odro was the biggest winner this year, winning the Talent Tech Customer Service Award, Leader of the Year for CEO Ryan McCabe, and ultimately crowned TIARA Champion of Champions to top a game-changing year for the video tech specialist. 

“It has been a great year for Odro, with big client wins including Hays and a £5m growth investment from BGF,” said Alex Evans. “Winner of this year’s Customer Service and Leader of the Year awards, Odro has demonstrated excellence, leadership, and growth to make it a worthy Champion of Champions for 2021.” 

The TIARA 2021 Talent Tech Star Awards campaign was supported by partners Deloitte, Marriott Harrison and Optima Corporate Finance. 

“Optima Corporate Finance is delighted to sponsor the Talent Tech Leader of the Year Award,” said Optima founder Philip Ellis. “This year more than ever, strong leadership was required as businesses had to combine the implementation of their vision with the challenges of lockdown. All of this year’s finalists demonstrated strong leadership in adapting, transforming and driving growth.”

“Marriott Harrison is delighted to be part of the TIARA Talent Tech Star Awards and to recognise the significant value HR and RecTech solutions bring to the recruitment industry and the wider economy,” said Chris Mooney, Partner at Marriott Harrison. “We commend the innovation and impact shown by this year’s finalists for Candidate Experience Solution of the Year.”

“Achieving scale in a challenging economy is doubly impressive and finalists for this year’s award have adapted and transformed to build strong foundations for growth,” said Kiren Asad, Director, FA – Advisory Corporate Finance, Deloitte LLP. “Deloitte is proud to partner with TALiNT Partners and the TIARA Talent Tech Star Awards to recognise and support scale in HR Tech.” 

The full list of TIARA Talent Tech Star Award winners and highly commended finalists is as follows: 

The Workforce Solution of the Year 

  • Winner: Pixid 
  • Highly Commended: TalismanTech 

The Contractor Solution of the Year 

  • Winner: My Digital 
  • Highly Commended: Parasol Group 

The Candidate Experience Solution of the Year 

  • Winner: 360 Resourcing Solutions 
  • Highly Commended: TribePad 

The Recruitment Marketing Solution of the Year 

  • Winner: Paiger 
  • Highly Commended: TalismanTech 

The D&I Solution of the Year 

  • Winner: Arctic Shores 
  • Highly Commended: Get Optimal 

The Compliance Solution of the Year 

  • Winner: My Digital 
  • Highly Commended: People Group 

The Onboarding Solution of the Year 

  • Winner: CA3 & Eli Onboarding 
  • Highly Commended: LearnAmp 

The Learning Solution of the Year 

  • Winner: Clear Review 
  • Highly Commended: Hoxo Media 

The Talent Tech Customer Service Award 

  • Winner: Odro 
  • Highly Commended: Clear Review 

The Talent Tech Scale Up Award 

  • Winner: Sonovate
  • Highly Commended: Paiger 

The Talent Tech Innovation Award 

  • Winner: Mercury xRM 
  • Highly Commended: Idibu 

The Best Talent Tech Company to Work For  

  • Winner: Firefish Software 
  • Highly Commended: TribePad 

The Optima Talent Tech Leader of the Year 

  • Winner: Ryan McCabe, CEO, Odro 

The Talent Tech Champion of Champions 

  • Winner: Odro 

Register for updates on the TIARA 2022 Talent Tech Star Awards campaign at https://talenttech.tiara.talint.co.uk/register-for-2022-updates/ 

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Primis, a new technology recruitment company that will operate out of the UK and the US will focus on improving the D&I landscape in the technology sector. The announcement was made by APSCo member and Managing Director of Premier Recruitment, Ben Broughton. Broughton who assisted in growing the firm to revenues of £30m, said that Primis will also offer D&I and unconscious bias training to the hiring managers of Primis clients and their own employees.

The people-centric approach the business appears to be focusing on comes at a time where D&I is deemed an important factor in talent retention as a sense of belonging is increasingly more important to employees when looking for a company to work for.

Primis’s training solutions is delivered by a team that includes: Faisel Choudhry, a strategic management professional with experience working at The Royal Household and The Bank of England; Chikere Igbokwe, an Executive Recruiter and D&I Leader and Jina Etienne, who became the first national leader for D&I at Grant Thornton, in the USA.

Broughten commented: “We want to educate and expand the views of tech communitites across the UK and US when it comes to hiring diverse teams. We are a growth business and will achieve this through a mixture of senior hires as well as organic growth through a structured training academy.”

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