Diversely, the AI-driven, bias-free hiring tools for businesses looking to attract more diverse talent, today announced availability to companies in the UK. The SaaS solution is already being trialed by HR and talent teams in more than 20 firms around the world and is available on a subscription basis to help businesses overcome inequality in the make-up of their workforces and track against their D&I hiring goals.
Diversely was set up to address the huge pressure on businesses over the last 18 months to comprehensively tackle their D&I approaches, a space which has seen yearly growth of 59% since 2019 according to Red Thread.
But despite a demonstrated upward trend in spend on the issues, with a 60% jump in the number of employees with D&I in their titles on LinkedIn, worrying trends are emerging around the lack of hard data available to accurately measure the current state and future effectiveness of policies, practices and approaches put in place by well-meaning companies and individuals.
Helen McGuire, CEO and Co-founder of Diversely, sees the issues on a daily basis.
“Whilst the will is undoubtedly there to make a change, only a small percentage of businesses we speak to have any way of tracking, measuring or assessing the outcomes of their efforts in hiring. In fact, according to data we’ve collected ahead of the launch of our D&I dashboard, only 8% of our potential clients have any tools, targets or set strategies to attract more diverse talent to their organisations and only 20% have any way to quantitatively track whether their hiring policies are working.”
According to recent figures, FTSE 350 companies in the UK now have more than 33% female representation on their senior leadership teams, but solutions that help to improve approaches and quantify which attempts are working are lagging behind, with few specialist providers across the entire space.
McGuire expanded on the issues; “Without an understanding of D&I ROI, how will a business be able to prove that their spend is worthwhile? Our frustration around the lack of impactful, globally scale-able solutions that offer a data and analytics approach to diverse hiring inspired the launch of Diversely. We’ve created a D&I dashboard and bias-free hiring tools with support from the University of Nottingham that together assess, track and improve a business’s approach to attracting under-represented talent across five diversity elements.”
20 businesses are actively trialling the service around the world, including advertising and PR agency Ogilvy, whose MENA Resourcing & Mobility Manager commented; “Diversely’s tools are helping us to have meaningful conversations about important questions like how diverse are we right now and what does a diverse workforce mean to us. We use Diversely to improve the way our job ads are written and attract more diverse candidates.”; with Founder of Magpie Recruitment in the UK adding; “We are unapologetic about our approach to hiring and have a clear goal to increase diversity and remove bias – Diversely is the tech that will help us to do so.”
“We are building a platform which can provide an integrated solution to the issues around diverse hiring. We are working with some of the smartest minds in the business to solve this problem through hard data, measurement and an improved approach, which help solve the issues of accountability and estimations in hiring.” concluded Diversely’s Co-founder and Chief Product Officer, Hayley Bakker.
For more information on Diversely.io, please visit Diversely.io
- 75% of businesses say they are committed to improving diversity, yet measurement of progress is severely lagging.
ABOUT DIVERSELY: Diversely.io is an early stage, pre-seed funded platform operating on subscription. The business has raised over US$400k to create AI-driven bias-free hiring tools for users looking to widen their reach to more diverse, better suited talent for their teams. Founded in 2020 by two female entrepreneurs and incorporated in Singapore, Diversely is now available globally, working with HR and recruitment leaders across multiple industries and locations.