India witnessed over 30 pc rise in diversity hiring over the past 5 years: Data

14 June,2024 02:05 PM IST |  Mumbai  |  IANS

In terms of sector-wise hiring, the Banking, Financial Services and Insurance (BFSI) sector employs the largest percentage of LGBTQIA+ talent of the available workforce at 18-20 per cent, followed by the IT sector at 15-18 per cent, and the consulting sector at 12-15 per cent

Image for representational purposes only. File/Pic


Despite ongoing macroeconomic challenges, India is setting a new precedent with Diversity, Equity, and Inclusion (DE&I) hiring (LGBTQIA+, women, and persons with disabilities), as the country witnessed 30 to 35 per cent rise in diversity hiring over the past five years, new data showed on Friday.

NLB Services, a global technology and digital talent solutions provider, has also observed a 10-15 per cent increase in the hiring of LGBTQIA+ talent alone over the past 3-4 years.

In terms of sector-wise hiring, the Banking, Financial Services and Insurance (BFSI) sector employs the largest percentage of LGBTQIA+ talent of the available workforce at 18-20 per cent, followed by the IT sector at 15-18 per cent, and the consulting sector at 12-15 per cent.

Major Tier 1 cities are leading in hiring across diverse groups based on job share percentages, but Tier 2 cities like Bhopal, Bhubaneswar, Chandigarh, Jaipur, Kochi, and Lucknow are also making significant progress in promoting LGBTQIA+ talent recruitment, said Sachin Alug, CEO, NLB Services.

This emphasis on inclusivity is creating more representative workforces and fostering professional environments that encourage innovation and resilience, he added.

In addition, Alug noticed that clients are increasingly highlighting the hiring of talent from the LGBTQIA+ community, aiming to build more inclusive and representative teams.

Also Read: Attend these unique events in Mumbai to celebrate the LGBTQiA+ community

This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever

"Exciting news! Mid-day is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest news!" Click here!
business LGBTQIA+ Office culture office trends
Related Stories