Textrecruit Blog Artificial Intelligence: How to Promote Diversity and Reduce Hiring Bias

While lack of diversity and hiring bias are not new phenomena among the workplace, it also shouldn’t be overlooked. As a matter of fact, the success of a company is partially dependent on its diversity - a firm with a wide range of employees benefit from broader skill sets, experiences, and perspectives which puts them at an advantage over homogeneous organizations [1]. Studies have also proven that ethnically diverse companies are 35% more likely to meet financial targets and outperform their peers [2].So, how can companies combat these issues?