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How to Turn Diversity Into a Major Asset for Your Organization
Title Goes Here
And then a subtitle or description down here
bamboohr.com payscale.com
How to Turn Diversity Into a Major Asset for Your Organization
JD Conway
Senior Talent Acquisition Partner
BambooHR
Mykkah Herner
Head of Professional Services
Payscale
bamboohr.com payscale.com
How to Turn Diversity Into a Major Asset for Your Organization
bamboohr.com payscale.com
How to Turn Diversity Into a Major Asset for Your Organization
Functional Fixedness
bamboohr.com payscale.com
How to Turn Diversity Into a Major Asset for Your Organization
A New Perspective
bamboohr.com 1-866-387-9595
How to Turn Diversity Into a Major Asset for Your Organization
Mitigating Risk
bamboohr.com payscale.com
How to Turn Diversity Into a Major Asset for Your Organization
Diversified Investments
bamboohr.com payscale.com
How to Turn Diversity Into a Major Asset for Your Organization
Diversified Investments
bamboohr.com 1-866-387-9595
How to Turn Diversity Into a Major Asset for Your Organization
Defining the Issues
bamboohr.com payscale.com
How to Turn Diversity Into a Major Asset for Your Organization
Why Are We Talking About
Diversity?
bamboohr.com payscale.com
How to Turn Diversity Into a Major Asset for Your Organization
Defining the Issues
Diversity
Bias
Bias FOR and AGAINST
Managing Diversity
bamboohr.com payscale.com
How to Turn Diversity Into a Major Asset for Your Organization
What Do We Mean by
“Diversity”?
When we talk about diversity in the 21st century,
we’re covering a wide range of differences
bamboohr.com payscale.com
How to Turn Diversity Into a Major Asset for Your Organization
The Workforce Is Becoming
Larger and More Diverse
bamboohr.com payscale.com
How to Turn Diversity Into a Major Asset for Your Organization
But even if the workforce isn’t becoming more diverse
… our customers certainly are.
bamboohr.com payscale.com
How to Turn Diversity Into a Major Asset for Your Organization
Bias and Workplace “Currency”
Types of workplace currency
• Cash
• Work Assignments
• Development Opportunities
• Promotions
• Perks (e.g., working from home)
• Favor
Currency greases all the workplace wheels
bamboohr.com 1-866-387-9595
How to Turn Diversity Into a Major Asset for Your Organization
Diversity of Experience
bamboohr.com payscale.com
How to Turn Diversity Into a Major Asset for Your Organization
Diversity of Experience
TIME
bamboohr.com payscale.com
How to Turn Diversity Into a Major Asset for Your Organization
Diversity of Experience
TIME TENURE
bamboohr.com payscale.com
How to Turn Diversity Into a Major Asset for Your Organization
Diversity of Experience
TIME TENURE INDUSTRY
bamboohr.com 1-866-387-9595
How to Turn Diversity Into a Major Asset for Your Organization
Diversity & Compensation
bamboohr.com payscale.com
How to Turn Diversity Into a Major Asset for Your Organization
Ensuring Fair Pay
bamboohr.com payscale.com
How to Turn Diversity Into a Major Asset for Your Organization
Develop Your Plan
➤ Philosophy
➤ Strategy
➤ Structure
➤ Guidelines
➤ Processes
bamboohr.com payscale.com
How to Turn Diversity Into a Major Asset for Your Organization
Identifying and Resolving Inequities
bamboohr.com payscale.com
How to Turn Diversity Into a Major Asset for Your Organization
Equity Pay Self Audits –
Pros & Cons
bamboohr.com payscale.com
How to Turn Diversity Into a Major Asset for Your Organization
Manager Favoritism
bamboohr.com payscale.com
How to Turn Diversity Into a Major Asset for Your Organization
A Note on Negotiation and the
Salary History Question
http://www.payscale.com/data/salary-history-1.8%+1.2%
bamboohr.com 1-866-387-9595
How to Turn Diversity Into a Major Asset for Your Organization
Diversity & Opinion
bamboohr.com payscale.com
How to Turn Diversity Into a Major Asset for Your Organization
Diplomacy
Courage
Sensitivity
Discussion
Empathy
Communication
Understanding
bamboohr.com payscale.com
How to Turn Diversity Into a Major Asset for Your Organization
Decision Paralysis
bamboohr.com 1-866-387-9595
How to Turn Diversity Into a Major Asset for Your Organization
Diversity Beyond Compensation
bamboohr.com payscale.com
How to Turn Diversity Into a Major Asset for Your Organization
Diversity vs. Inclusion
Diversity without inclusion is a lose-lose proposition that negatively
impacts both engagement and retention.
bamboohr.com payscale.com
How to Turn Diversity Into a Major Asset for Your Organization
Employee Relations
bamboohr.com payscale.com
How to Turn Diversity Into a Major Asset for Your Organization
Learning and Development
of employees leave in search of advancement
of employers offer L&D to retain employees
PayScale’s 2017 Compensation Best Practices Report
bamboohr.com 1-866-387-9595
How to Turn Diversity Into a Major Asset for Your Organization
Diversity & Skill
bamboohr.com payscale.com
How to Turn Diversity Into a Major Asset for Your Organization
Skills that are learned to perform a
specific job function and are more
easily identifiable and quantifiable.
Mostly about “what you know”
Hard Skills
VS
Skills that are less tangible, and
more associated with one’s traits or
personality, that determine how we
interact.
Mostly about “how you act”.
Soft Skills
bamboohr.com payscale.com
How to Turn Diversity Into a Major Asset for Your Organization
18th Century 19th Century 20th Century 21st Century
Agricultural Age
(farmers)
Industrial Age
(factory workers)
Information Age
(knowledge workers)
Conceptual Age
(creators and empathizers)
Low
Abundance
Automation
Asia
Dan Pink
A Whole New Mind
Affluence
Technology
Globalization
High
bamboohr.com payscale.com
How to Turn Diversity Into a Major Asset for Your Organization
Hard Skills
Soft Skills
Soft Skills
bamboohr.com payscale.com
How to Turn Diversity Into a Major Asset for Your Organization
Soft Skills
bamboohr.com payscale.com
How to Turn Diversity Into a Major Asset for Your Organization
Follow BambooHR & Payscale on social media:
bamboohr.com/blog | payscale.com
Thank you!
bamboohr.com payscale.com
How to Turn Diversity Into a Major Asset for Your Organization
Questions?
BambooHR
Receive a free job posting on our ATS and full HRIS for one week.
We will contact everyone within the next few days to set this up.
PayScale
Receive a free copy of the eBook Compensating the Multigenerational Workforce

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How to Turn Diversity Into a Major Asset for Your Organization