Losing talented staff is bad for business and replacing employees is expensive. Prioritizing diversity, equity, and inclusion (DEI) helps your business attract stellar employees, and also boosts employee engagement and increases feelings of belonging and job satisfaction. High turnover doesn't have to be an accepted cost of doing business.
DEI has been tied to improved recruitment and retention and should be embedded into every stage of the employee lifecycle. You need to look beyond just the interview phase to ensure that DEI is part of the entire employee experience, from a candidate’s first visit to your website to an employee’s exit from the organization.
Let’s dive further into these seven key phases:
- recruiting and acquisition
- performance evaluation
- professional development
- mentorship and sponsorship