Hiring diverse staff pays off, according to new study


At CRIEC, we work with employers large and small to connect them with International Talent that can help their business thrive.

A new Canadian study reiterates the value of these relationships, driving home the economic benefits of a diverse workplace. Hiring internationally trained professionals isn’t just a nice thing to do; it’s good for business in measurable ways.

“For every 1% increase in diversity, there is a corresponding 2.4% increase in revenue across 14 sectors of the Canadian economy,” according to study authors Bessma Momani and Jillian Stirk.

Consistent with previous research, this study identified a correlation between ethno-cultural diversity and increased productivity.

“We see this in Calgary all the time,” says CRIEC executive director Bruce Randall. “It pays to build relationships with internationally trained professionals — and we’re here to help organizations build those connections successfully.”

You can read more about the study, called Diversity Dividend: Canada’s Global Advantage, here.

Connect with CRIEC today to find out how your company can connect with this valuable pool of talent and become a Champion.

Contact Bruce Randall for more information at bruce@criec.ca.

 

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