Why Hiring a Diversity Manager is Just Half the Battle in Today’s Market

With 11 million open jobs in the US today, companies are scrambling to fill positions. After investing time and financial resources, it should be seen as a success when a firm makes a hire, considering the competition there is for talent. This is especially true in the exploding market of the diversity manager, or more broadly DEI management roles. Diversity manager roles, according to an early 2022 LinkedIn study, are the second-fastest-growing job title over the past five years.

However, many firms are finding that hiring a diversity manager is where the real work begins. Companies continue to report that chief diversity officers, or CDOs, are in-and-out roles; turnover is too high to keep quality CDO hires around. Bill Kasko, President of Frontline Source Group, helps breakdown why so many new diversity manager hires leave within months of their start date, and the factors companies have to consider when matching a person with a position.

Bill’s Thoughts:

“I think there’s multiple parts to this question and you have to really look at it from two different angles. Number one, there’s turnover taking place. There’s hiring going on and there’s turnover taking place. Part of that, it doesn’t matter whether it’s diversity and inclusion jobs or other jobs, that’s happening across the board because people are interviewing for raises.

And so, they’re out there looking at opportunities, and opportunities are out there, and they’re paying more. So, when you’re in a specific group, like a diversity and inclusion type of an area, you’re looking at opportunities because they’re paying more for other opportunities that are available for people in the job market today.

The other part is that we have to remember there are 11 million open positions in the country. So even with a slowdown, a slowing, whatever you wanna call it, there’s still gonna be opportunity for people. And everyone’s gonna be looking at, ‘how can I get a little bit extra? How can I make things work?'”

Follow us on social media for the latest updates in B2B!

Image

Latest

promotional claims
Aligning, Appraising, and Simplifying Scientific Data Strengthens Promotional Claims
June 20, 2024

The pharmaceutical industry faces the challenge of converting complex medical and scientific information into clear, effective promotional claims. This process is critical as it balances the need for accurate scientific communication with the requirement for impactful marketing. The stakes are high, as promotional materials must adhere to stringent regulatory standards while also appealing to…

Read More
promotional review meetings
Defining Goals, Leveraging Technology, and Planning Ahead are Essential for Successful Promotional Review Meetings
June 20, 2024

Today’s fast-paced business environment demands effective review of promotional content. Ensuring all promotional materials are compliant, accurate, and impactful has become crucial. This necessity has given rise to structured promotional review meetings, a trend essential for maintaining quality and compliance in marketing efforts. These meetings facilitate collaboration, ensure adherence to regulatory standards, and help…

Read More
embracing change
Moving Forward with Fans First
June 20, 2024

In a compelling conversation on fostering innovation within corporate culture, Jesse Cole of the Savannah Bananas highlights the importance of embracing change as a tool for continuous improvement. Cole underscores that change should not be seen as change for its own sake but as an essential part of striving to better serve customers and…

Read More
work-life balance
Achieving Work-Life Balance and Emotional Sobriety with Matt Seefeld
June 20, 2024

This episode of the Growthwell podcast, hosted by Josh Byrd, focuses on achieving a meaningful work-life balance. The discussion examines trends and personal strategies for balancing professional growth and individual well-being. This episode is particularly relevant in post-COVID work dynamics and the increasing importance of mental health. This episode’s guest is Matt Seefeld, EVP…

Read More