• Top Stories
  • Interviews
  • Business
  • Finance
  • Banking
  • Technology
  • Investing
  • Trading
  • Videos
  • Awards
  • Magazines
  • Headlines
  • Trends
Close Search
00
GBAF LogoGBAF Logo
  • Top Stories
  • Interviews
  • Business
  • Finance
  • Banking
  • Technology
  • Investing
  • Trading
  • Videos
  • Awards
  • Magazines
  • Headlines
  • Trends
GBAF Logo
  • Top Stories
  • Interviews
  • Business
  • Finance
  • Banking
  • Technology
  • Investing
  • Trading
  • Videos
  • Awards
  • Magazines
  • Headlines
  • Trends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Wealth
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    ;
    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Business

    Posted By linker 5

    Posted on August 5, 2020

    Featured image for article about Business

    As more companies aim to become more diverse, search trend data collected by Instant Offices shows there’s been a  global spike in searches for ‘diversity and inclusion manager’ over the last 10 years, with interest in the term growing by 122% since 2010. There has been an even more significant jump since 2004, with searches for ‘diversity and inclusion manager’ growing 200% in 2020.

    According to The CV Squad, the number of CVs submitted to their free CV review service which includes ‘diversity and inclusion’ have increased by around 20% in the last 12 months, which is a good indication of an increase in job-seekers looking to fill these roles.

     Backing up this trend is one of Glassdoor’s top hiring trends for 2020 – a greater focus on diversity and inclusion jobs. Glassdoor predicted that there will be a wave of hiring for leaders and managers that are able to drive more diversity and inclusion in their workplace.

    Between August 2018 and August 2019, online job postings for diversity and inclusion roles soared. Glassdoor saw a 30% rise in the US and a massive 106% rise in the UK. Searches by job-seekers are up by 35% in the US and 19% in the UK. These roles include D&I Directors, D&I Programme Managers, D&I Consultants and Diversity Officers, to name a few.

    In recent years the younger workforce has been leading the way, but it seems that older generations are also waking up to the importance of diversity and inclusion. Reports show that the majority of people across all markets, age groups and incomes say they must be able to trust a brand to do what is right. This belief is shared by:

    • 81% of the 18-34 age group
    • 81% of the 35-54 age group
    • 79% of the 55+ age group
    • 81% of the UK market
    • 83% of the US market
    • 85% of the Indian market
    • 88% of the Chinese market
    • 80% of the bottom 25% income group
    • 81% of the mid 50% income group
    • 81% of the top 25% income group

    Belief-driven buying has become the new normal

    The number of consumers making their purchasing decisions based on personal beliefs and values has risen significantly. In 2019 over half of consumers (64%) were belief-driven buyers across eight highly influential global markets.

    An Edelman report on brands and trust has revealed that 69% of consumers want to support brands that express their values, and are more likely to trust brands that are more committed to being involved in societal issues.

    More recent insights on brands and belief:
    • 53% of buyers agree – every brand has a responsibility to get involved in at least one social issue.
    • 49% say brands can do more to address and solve social issues than the government.
    • 56% say that too many brands are “trustwashing” – using societal issues to sell more of their product, rather than backing up their message with tangible action.

    Four Tips for a More Diverse Company

    1. Ensure you have a diverse pool of candidates when interviewing for positions at your organisation.
    2. Encourage conversations around diversity and look for ways to address a lack of diversity in your company.
    3. Work towards creating a workplace culture where people from all backgrounds feel comfortable and safe.
    4. Look for ways to partner with other companies that are known for diverse leadership.

    Social responsibility benefits employers and employees alike, and if the latest stats are anything to go by, it’s likely to see more and more companies catering to belief-driven buyers in the years to come.

    Recommended for you

    • Thumbnail for recommended article

    • Thumbnail for recommended article

    • Thumbnail for recommended article

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe