HR Tech Solutions Transforming Company Culture with DEI&B

HR tech is an ever-evolving landscape and one of the areas seeing increasing investment is Diversity, Equity, Inclusion, and Belonging (DEI&B).

The challenge of making tangible, measurable progress in maintaining a diverse and inclusive company culture is one that is felt by organisations across the globe. Hiring individuals from different backgrounds, perspectives, abilities, genders, lifestyles and ethnicities and encouraging them to actively participate in a companies’ growth and culture is not simply the ‘right thing to do’ but can make a real difference to both an organisation’s and individual’s performance.

From profit and innovation, to job satisfaction, engagement, retention and wellbeing, organisations that prioritise their DEI&B strategy can foster a positive, unified culture that employees, present and future want to be a part of.

What’s more, if you are looking to secure funding to grow your business, investors are now also checking your organisation's DEI&B track record to determine whether you have strategies in place to ensure that DEI&B is not just a tick box, but an integral part of your companies DNA before investing.

Measuring DEI&B

The trick, as always, is how DEI&B initiatives can be measured. Whilst at first glance a daunting prospect, there are many tools now available to help organisations carry out the necessary evaluation of key metrics including candidate/employee demographics, retention and turnover, adverse impact, advancement/promotion rate, pay, and eNPS.

Having an HRIS that enables you to collate all of this data and more as a single source of truth, coupled with reporting and analytics tools that form the starting block for your DEI&B practises has never been more important.

HRIS providers with a strong DEI&B focus

As a whole of market consultancy, we make it our mission to keep up to date with the latest developments within HR tech, so that we can provide you with options that align with your organisations needs and expectations.

To help you explore potential HRIS solutions, we asked software providers to provide us with some key information on their DEI&B provisions and summarised in the pdf below: