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October 2017

Retention An Issue In Your Company? Hire An HR Executive Search Firm To Help

Retention An Issue In Your Company? Hire An HR Executive Search Firm To Help

Diversity is a good thing to have in any organization and can lead to increases in performance and productivity across the board. Diversity not just of thought, but of individuals from many different backgrounds, can be pivotal to approaching markets that were previously untapped by your organization.

Gender-diverse companies are 15% more likely to outperform their peers, and the companies that have a more ethnically diverse workforce are 35% more likely to do the same.

More and more scrutiny has been given to companies and their hiring practices, and their diversity initiatives, especially as they grow and become more notable in the world.

But as shown above, diversity isn't just about positive PR and getting scrutiny away from your company, it can be a real driving force in the business world, leading to many positive changes in the company. And leading to positive growth for the business.

How do you go about getting a more diverse workforce, however?

The major position hiring more diverse employees can help your company is at the executive level, but these jobs can't just be filled to bring positive PR. A bad executive can be disastrous, and lead to having to restructure a company. You need to find the right executive.

That's where HR search firms and HR executive search firms can assist you the most.

An executive search consultant service can assist with finding HR executives who can be up for the challenge of promoting diversity. It will take skill and experience in order to accomplish this task.

You need a qualified human resources professional for the position, and one that can help generate a positive work environment to avoid a need to restructure, and thus a loss of productivity and profits. You also want one that can keep employees in the company, and provide an atmosphere that encourages retention.

In June of 2015, nearly 2.7 million workers left their jobs, a 25% increase from two years prior. Retention is a problem faced by nearly 57% of companies, and 22% of new hires leave within 45 days. Diversity initiatives have even more issues with retention than this.

Turning to an executive search firm for your HR executive needs can improve your company diversity, saving your company time and restructuring costs.