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Posterity's DEI specialist team works with you in a consultative and embedded approach. We assist you in hiring Diverse talent and work towards fostering an over-all Diversity, Equity & Inclusion at workplace. Whether you are a young & growing domestic entity, or a multinational conglomerate, Diversity, Equity & Inclusion is of great importance to build an inclusive organization. There are certain HEC (Historically Excluded Communities) that are recognized and included in the search pertinent to DEI Hiring.
Why focus on DEI?
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Companies with good Workplace diversity, equity & inclusion practices outperform industry norms by 35% (research by McKinsey's research)
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Companies with diverse teams are 70% more likely to capture a new market (statistic by Harvard Business Review).
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74% of millennials believe that their organization is more innovative when it has a culture of inclusion (Deloitte Millennial Survey)
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Organizations with diverse teams achieve 19% higher revenue (by Boston Consulting Group)
Increased
Revenue
Better Decision
Making
Heterogeneous Perspectives
Quick Problem
Solving
Better Resilience & Crisis Management
Better Creativity & Innovation
Reduces
Attrition
Better Brand
Reputation
Avenues of DEI Hiring in India
Gender & LGBTQIA+ Diversity
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A report by McKinsey & Company found that companies in the top quartile for gender diversity on executive teams were 25% more likely to have above-average profitability than companies in the fourth quartile.
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SEBI has mandated that all listed companies should have at least one woman director on their board.
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Other initiatives like extending the maternity leave to six months, passing Right of Persons with Disabilities Bill in the Parliament, and promoting LGBT rights at offices are making D&I an infallible concept.​​​
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Four key developments in Indian employment law impact diversity and inclusiveness-
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Enhancement of maternity leave benefits.
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Set of changes to workplace terms and conditions in certain companies located in the State of Maharashtra.
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New reporting requirement for certain companies regarding their efforts to prevent sexual harassment in the workplace.
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Indian Supreme Court's decriminalization of private consensual sexual conduct between same-sex adults
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Persons with Disabilities
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The PWD (Equal Opportunities, Protection of Rights, and Full Participations) Act, 1995 allows Employers to create an environment of trust and is aided by various benefits from the government.
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The employers need not deposit the EPF/ESI. Government will pay the employers contribution to EPFO & ESIC for 10 years.
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The Employer will be able to receive incentive benefits 15% Profit.
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100% reimbursement for training, apprenticeship, cost incurred for employing person with disability. The idea is to prevent losses to the employer and encourage employment of Person with disabilities.
Veterans/Ex-Serviceman
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75000 armed forces personnel, many between the ages of 32 and 45, retire each year
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15 lakh veterans estimated to be employed by India Inc
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1,500-1,800 veterans employed across financial services companies in India
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Roughly 60,000-70,000 military professionals, across all ranks, from the Indian Army, the Navy, the Air Force, and the Coast Guard - make the transition to the civilian sector every year, with a majority being in their 30s and 40s, whereas some are in their 50s.
Offerings for Diversity, Equity & Inclusion
How we add value to the candidate Experience?
Our Track Record in DEI Talent Acquisition
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Conducted successful recruitment events for managerial roles in FSS for a telecom major.
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Executed Diversity specific leadership roles in R&D engineering set up
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Set up Infrastructure for Veteran/ Ex-Servicemen Hiring through Ministry of Defence- Directorate of Resettlement
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Hired Architects for Global Medical equipment major
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Diversity events for returning mothers and women with break for a Big4 Player
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Hired 12 middle level female techies for Global semiconductor Major
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Hired differently abled hospitality executives for an international player of Hospitality Sector
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Conducted talent research and mapping for over 50 female candidates for succession hiring for CHRO for a leading Indian AMC.