Dive Brief:
- Accenture joined a growing list of employers who are opening up their data on diversity as a strategy to hire more women and minorities, according to a report at Huffington Post.
- The consulting firm this week posted data outlining race and gender of the firm's 48,000 U.S. employees. It also detailed a new approach to changing the status quo.
- Mainly, Accenture will will pay employees larger cash rewards if they recommend an African-American, Hispanic-American, woman or veteran, and the referred job candidate gets the job.
Dive Insight:
Julie Sweet, Accenture’s group chief executive, North America, told Huffington Post that the higher referral fee specific has yet to be determined. The article also noted that Accenture is not the first company to pay extra for diversity referrals. For example, Intel doubles bonuses for successful employee referrals related to its diversity initiative. It seems to be working so far.
According to the article, more employers are opting to publicly release their diversity numbers, citing a United Nations report that features 10 large employers who have publicly released gender numbers. Companies such as PwC, another consulting firm, Barclays Bank and Unilever are in the report.
Sweet told Huffington Post that Accenture's wants women to comprise 40% of new hires by 2017, though she did not provide hard numbers on ethnic hiring.