Remote Working Guide

5 Effective Strategies to Attract a Diverse Applicant Pool from Across the Globe

10
Min
5 Effective Strategies to Attract a Diverse Applicant Pool from Across the Globe
Written by
Mayank Bhutoria,
Co-Founder
September 23, 2024

Key Takeaways

Broaden your recruitment methods and reduce bias to reach a wider, diverse talent pool.

Offering remote work and accommodations boosts accessibility for diverse candidates.

A strong Diversity, Equity, and Inclusion policy leads to better innovation and business performance.

Introduction

Building a workforce that reflects global diversity is more than a checkbox; it’s a business necessity. A diverse workforce boosts creativity, innovation, and overall employee satisfaction, but diversity begins with the recruitment process. Ensuring your company reaches applicants from a variety of countries and backgrounds is essential, yet many businesses struggle with this.

This study offers five actionable strategies to ensure your hiring practices attract a diverse range of applicants from different countries, helping your organization grow both culturally and financially.

1. Embrace Inclusive Recruitment Tactics

The first step in widening your applicant pool is inclusive recruitment. Using the same methods repeatedly often brings in the same types of candidates, but by broadening your approach, you can reach individuals from more diverse backgrounds.

Consider anonymous hiring as part of your recruitment process. This practice focuses solely on a candidate's qualifications and skills, without revealing personal details like their name, age, or ethnicity, reducing unconscious bias. Additionally, refining the language in job postings is crucial; avoid gendered or culturally exclusive terms that may unintentionally alienate potential candidates.

It’s also helpful to utilize your current employees to expand your network. Employees from diverse backgrounds can refer qualified candidates, and this peer-to-peer hiring strategy can significantly boost the diversity of your applicant pool.

Real-World Insight

A recent survey revealed that 76% of job seekers consider a diverse workforce an important factor when evaluating companies. Among underrepresented groups like Black and LGBTQ candidates, over 40% would not apply to companies lacking diversity​. Companies that prioritize inclusive recruitment will naturally attract a broader pool of talent, making diversity a reality, not just a goal.

2. Develop a Strong DEI Policy

Establishing a clear Diversity, Equity, and Inclusion (DEI) policy shows your commitment to creating a diverse workplace. This policy should be a cornerstone of your business strategy and should be developed with input from diverse voices within your organization.

A DEI policy sets measurable goals, outlines the steps your company will take to improve diversity, and establishes accountability. To make the policy as impactful as possible, ensure it reflects the lived experiences of your employees and remains adaptable to the changing dynamics of the workforce.

Why DEI Matters

Research by McKinsey & Company found that companies with ethnically diverse executive teams are over 35% more likely to outperform financially compared to their less-diverse peers​. By embedding DEI into your company culture, you’re not only improving employee satisfaction but also positioning your company for long-term success.

3. Ensure Equitable Interviewing

Once a diverse pool of applicants has been reached, the next step is ensuring equity during the interview process. Bias can unintentionally creep into interviews, so it’s important to take steps to minimize its effects.

First, ensure that your interview panel itself is diverse. Having multiple perspectives ensures that a candidate’s potential is assessed through various lenses. Moreover, offering interview accommodations; such as scheduling flexibility or providing translators; can help ensure that all candidates feel comfortable and supported throughout the process.

This attention to detail demonstrates a commitment to diversity and inclusivity at every step of the hiring journey, from application to onboarding.

4. Offer Flexible Work Arrangements

Offering flexible working conditions and emphasizing remote work opportunities can attract applicants from diverse geographic locations, family situations, and physical abilities. When job seekers see that your company offers flexibility, it encourages more people to apply, especially those from different time zones or with unique needs.

Furthermore, many countries have laws similar to the Americans with Disabilities Act (ADA), which mandates reasonable accommodations for employees with disabilities. Explicitly stating that you provide accommodations for those who need them will not only attract more candidates but will also foster a culture of inclusivity.

5. Encourage Candidates to Apply, Even Without All Qualifications

Another strategy to boost diversity in your applicant pool is by explicitly encouraging applicants to apply even if they don’t meet every qualification. Many job seekers, especially from underrepresented groups, hesitate to apply for positions if they don’t meet every requirement. By lowering barriers to entry, you can attract candidates with diverse perspectives and valuable potential.

For example, studies have found that men apply to 20% more jobs than women, despite meeting fewer qualifications. Encouraging all candidates who feel they can succeed in the role to apply can increase the diversity of your applicant pool.

Why a Diverse Applicant Pool Is Essential

Building a diverse applicant pool is crucial because it leads to a more inclusive and innovative workforce. Studies consistently show that companies with a diverse employee base perform better financially, foster more innovative ideas, and have higher employee satisfaction rates.

According to Glassdoor, 37% of employees would not apply to a company with disparities in employee satisfaction among different ethnic groups​. This reinforces the importance of diversity, not just in recruitment but also in overall workplace culture. Job seekers from various backgrounds will consider how your company treats its existing employees, and a commitment to diversity will only strengthen your reputation.

McKinsey’s research also highlights that the most diverse companies outperform their competitors financially. By focusing on both diversity and inclusion, companies ensure that all voices are heard, leading to better decision-making and more innovative solutions​.

Conclusion

In today’s global economy, attracting a diverse applicant pool is essential for business success. By implementing these five strategies; adopting inclusive recruitment, establishing a DEI policy, ensuring equitable interviews, offering flexible work options, and encouraging a wide range of candidates to apply; you can help your company tap into a broader talent pool from around the world.

As you refine your hiring practices, remember that creating a diverse workplace goes beyond compliance; it’s about building a stronger, more innovative team that reflects the world we live in. If you're looking to manage a global and diverse workforce seamlessly, Gloroots can help. From onboarding to payroll management, we ensure compliance and smooth transitions across borders.

Get in touch with our experts to learn more about how Gloroots can support your global hiring efforts.

FAQs

What is inclusive recruitment?

Inclusive recruitment involves using fair hiring practices to attract diverse candidates from different backgrounds.

How does a DEI policy help companies?

A Diversity, Equity, and Inclusion (DEI) policy creates a welcoming workplace, boosts innovation, and improves employee happiness.

What is equitable interviewing?

Equitable interviewing ensures all candidates are treated fairly during interviews, using diverse interview panels and offering flexible options.

How do flexible work options help attract diverse applicants?

Flexible work arrangements, like remote work, allow people from different locations and situations to apply more easily.

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