Top Diversity Measures and Metrics

One of the most important elements of any diversity program, activity or intervention is assessment. Simply stated, your activities will not have a significant impact on individual or organizational performance without proper evaluation. As the saying goes, what's measured is managed and the same is true for any diversity-related interventions. Therefore, in the coming weeks, I will share a variety of diversity measures and metrics that I have used with my clients to evaluate the effectiveness of their diversity activities and ensure the success of their programs. I will include metrics that assess the following:

• Cost-per-hire
  
• Diversity Hire Percentage
  
• Candidate Pool Diversity Percentage
  
• Staff Diversity Percentage
• Quality Hire Percentage
  
• Hit Rate
  
• Turnover Rate
  
• Stability Factor
  

I will provide examples of how to use each metric and describe the benefits of employing these measures within your organization.

Next Post: November 7, 2013 – Top Diversity Measures and Metrics: Cost-per-Hire