Companies all over the world are recognising the value that
diversity can bring to their teams. Diversity refers to gender, religion,
ethnicity, ability level, sexuality, and socio-economic status, and is an
increasingly hot-button issue in consulting recruitment.
Sadly, people of colour and other minority groups in Switzerland
still encounter obstacles
in their careers. Women also face barriers in the Swiss workplace, as roughly
65% of all promotions in the country go to men, with the
problem compounding for women of colour.
Did you know that not only does this discrimination violate
Article 8 of the Swiss Constitution, but it could also
actually hinder your company’s success?
Studies have shown that companies with diverse hiring and
promotion practices benefit from 53%
better performance than competitors. Similarly, companies with racial and
ethnic diversity policies benefit from 35% greater financial returns.
Evidently, it’s not only about being an ethical leader in your community - it’s
also about improving your bottom line.
Whether you're still weighing up the benefits of hiring a business consultant or are ready to hit start on the search, you'll want to explore our four top reasons why diversity is so important when selecting new consultants.
benefit from diverse viewpoints
People from the same cultural, racial, and gender background
tend to have very similar experiences to draw from, which can lead to
‘groupthink’ and conformity. However, diverse consultants have a multitude
of different experiences to draw from, which sparks
innovation and new ways of looking at a problem.
2. It increases
your talent pool
When it comes to financial services recruitment, diversity and
inclusion benefit everyone. One of the simplest reasons is that it dramatically
increases your talent pool. Unfortunately, when you’re only working with people
from a small section of society, you’ll only attract a small number of
However, if your vacancies are aimed at a broader range of
candidates, you’ll receive more applications and find the perfect fit for the
role. Similarly, you’re more likely to attract new clients who want to work
with someone who understands their cultural context and unique needs.
3. It boosts
Part of building
an ethical workplace culture is leading by
example and showing your team that you value their uniqueness and diversity.
When employees feel not just accepted for who they are, but appreciated and
valued for their differences, they are more likely to be productive and happy
in their roles. That means better retention, less employee turnover, and an
overall better place to work for everyone.
4. It improves
your employer brand
Part of being a successful employer is valuing your
a culture of transparency and accountability starts with
offering them respect and appreciating their differences. After you begin
focusing on diversity in hiring, you’ll find that the word will soon get around.
You’ll attract different applicants, as well as the top talent in your industry
who want to work for a forward-thinking and ethical organisation.
Looking for guidance when hiring for diversity?
When you work with consultants from diverse backgrounds, you
pave the way for growth and innovation within your company and the community.
You can reach untapped markets, gain new perspectives, limit employee turnover,
and raise your company’s profile.
Swisslinx has always championed diversity and inclusion in
hiring. In addition to their expertise in recruiting
consultants, they have an extensive pool of diverse candidates looking for
If you want to improve your diversity in hiring, now is
the time to get in touch with Swisslinx to discuss your hiring. Start by
exploring their site to learn more about the company and their elite asset
management recruitment services.