The term “Workforce Diversity” refers to policies and practices that seek to include people within a workforce who are considered to be, in some way, different from those in the prevailing constituency.
Workforce Diversity :
As we enter the 21st century, workforce diversity has become an essential business concern. In the so-called information age, the greatest assets of most companies are now on two feet (or a set of wheels). Undeniably, there is a talent war raging. No company can afford to unnecessarily restrict its ability to attract and retain the very best employees available.
Generally speaking, the term “Workforce Diversity” refers to policies and practices that seek to include people within a workforce who are considered to be, in some way, different from those in the prevailing constituency.
The workforce today
The workforce is changing. During the next 10 years, employees will be retiring in record numbers. The baby boomer generation compromises approximately 45% of the workforce. Many are in management positions and are preparing to retire. Added to this, a new generation has recently entered the workforce, with its own unique characteristics. By looking at the needs of the different generations in the workplace, Modern Corporation can develop strategies to better prepare their workforce. The following tips can aid in this process:
- Develop mentoring programs.
- Create flexible work schedules.
- Use a strengths-based approach to promotions.
- Focus on high potential employees.
- Provide opportunities for ongoing education.
- Design a program to preserve the knowledge of the key employees.