"Do the math!" says Dr. Solange Charas, the CEO and Founder of HCMoneyball LLC. "Diversity, equity, and inclusion correlates with positive bottom-line performance."
Charas will be the guest this week on Success Performance Solutions Thought Leader webcast series. Registration is free but "seating" is limited. You can register online. 1 SHRM PDC will be available for attendees.
Charas will share some of her recent findings including why the "velocity" of opportunity varies among employees of color, race, ethnicity, and gender. For example, Charas suggests companies should be asking, "are people of color and women being given the same opportunity to climb the ladder and achieve higher, equal pay at the same pace as white, non-Hispanic males?" In most organizations, that's not the case. Worse, most companies have no clue because they don't even recognize the inequities hidden within the velocity of opportunity.
"These inequities aren't just social and moral issues," according to Success Performance Solutions President and founder Ira S Wolfe. "Bottom lines are silently and subtly bleeding money because of them. That's why I've invited Dr. Charas to join me on this week's webcast Q&A."
Relying on her company's proprietary quantitative approach to valuing human capital, Charas has quantified the economic impact of employees on future company financial performance. According to HCMoneyball research, "a standard-deviation change in employee engagement can enhance EBITDA by 40%." This isn't just hype. Charas has the data to back it up.
Diversity and inclusion culminate in better business outcomes … if it's done equitably. To learn more about why quantifying equity matters, register now.
About Success Performance Solutions
Success Performance Solutions helps companies of any size in any industry recruit faster and hire smarter. Since 1996, SPS has established itself as a leader in pre-hire and leadership assessment, respected by both clients and peers. It also provides recruitment marketing consulting services and offers an extensive library of online microlearning videos for coaching and training.
About Ira S Wolfe
Ira S Wolfe is a “Millennial trapped in a Baby Boomer body” and the world’s first Chief Googlization Officer. He is president of Poised for the Future Company, founder of Success Performance Solutions, a TEDx Speaker, host of Geeks Geezers Googlization podcast, and frequent presenter at SHRM and business conferences. Ira was also recently honored as one of the Top 50 Global Thought Leaders and Influencers on Future of Work by Thinkers360. His most recent book is Recruiting in the Age of Googlization, now in its 2nd edition, is recognized as one of the best HR and Recruiting books of all-time by Book Authority. He is also the founder of the Googlization Nation community and frequent contributor to HR and business blog.