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Overcoming Bias And Meeting The Challenges Of talent Acquisition And Retention

DataQuest

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June 2018

Workplace diversity and inclusion is more of a necessity than a choice because global workforce demographics are changing.

- Rajeev Bhardwaj

Overcoming Bias And Meeting The Challenges Of talent Acquisition And Retention

Selecting and retaining the best talent requires that HR managers consciously shed prejudices and practice being objective and rational in their day to day lives. There is a very sound economic argument against job discrimination. Common observation teaches us that many individual decisions by both employers and workers determine the finally agreed upon wage rate or salary for a particular line of work. Now, if an employer decides to remunerate all employees based on the average expectation of productivity of the workforce, there are no incentives for the more capable employees to excel and improve.

HIGH COST OF DISCRIMINATION IN THE WORKPLACE

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