Consultancy Firm’s Global Presence and Expertise
The client is a renowned member of the "Big Four" accounting firms, a Global Consultancy Firm celebrated for its comprehensive services such as audit, tax, consulting, and financial advisory. Operating in over 150 countries, this firm excels in technology services like digital transformation, cybersecurity, and data analytics, integrating tech expertise to offer innovative business solutions. In India, the firm provides customized services catering to local market needs, including audit, tax, consulting, and risk advisory.
A Strong Partnership: TalentWorx and the Global Consultancy Firm
TalentWorx has long been the client's trusted partner, with a strong relationship rooted in years of collaboration. Led by CEO Aalok Ajay Purohit, TalentWorx specializes in recruitment process outsourcing (RPO), Global Hiring, Leadership Hiring, Diversity Hiring, and recruitment analytics.
Understanding the Client's Requirements
The client outlined specific recruitment requirements for TalentWorx, including various job roles such as Director, Associate Director, Manager, Senior Consultant, Consultant, and Analyst, with detailed job descriptions specifying the necessary skills. TalentWorx thoroughly analysed these requirements to source suitable candidate profiles from Naukri.com , LinkedIn, and its database
What is Gender Diversity Hiring?
Improving gender diversity and balance in the workplace is a long-term investment. Diversity increases cultural inclusiveness, boosts productivity, and fosters innovative solutions to business problems. According to PwC's 25th Annual Global Survey report, highly trusted companies are 1.4 times more likely to have gender diversity targets in their executive plans
Overcoming the challenges of gender diversity in hiring requires addressing systemic biases and fostering inclusive company cultures.
Women often face limited networking opportunities and greater difficulty switching companies, which can stall their career advancement.
Recruitment processes plagued by unconscious biases and gender stereotypes further disadvantage women, particularly in technical and leadership roles. Additionally, work-life balance challenges and unwelcoming company environments must be addressed to improve the recruitment and retention of female talent, thus enriching the diversity of the talent pool.
Benefits of Gender Diversity Hiring
• Broader Perspectives and Enhanced Creativity: Diverse teams bring unique skills and experiences, fostering richer discussions and innovative solutions.
• Improved Productivity and Profitability: Harvard Business Review (HBR) suggests a 10% increase in gender diversity in hiring translates to a 7% increase in market value.
• Higher Employee Retention: Diverse workplaces create a more attractive company culture, leading to higher retention and reduced turnover. A Gallup report indicated that organizations with a more inclusive culture see a 39% reduction in employee turnover and a 22% increase in productivity.
• Inclusive Work Environment: Gender diversity fosters sensitivity to different perspectives, allowing all employees to feel safe sharing their opinions.
• Enhanced Decision-Making: Inclusive viewpoints improve problem-solving and decision making, empowering unique approaches to challenges.
• Motivation for Women: Gender diversity in senior leadership roles motivates female applicants who believe their work can lead to promotions.
• Improved Employer Brand and Talent Attraction: Modern employees, especially millennials, seek diverse workplaces, expanding talent pools and enhancing the employer brand.
The Recruitment Process
After understanding the client's requirements, TalentWorx began the recruitment process
The Two Pathways: Assessment Test and Direct Interview
Candidates shortlisted were selected via a preliminary assessment test and then direct interviews.
• Preliminary Assessment Test: This test evaluates whether candidates possess the required skills for the job.
• Direct Interviews: TalentWorx coordinated with the firm and the selected candidates to schedule interviews.
The Interview Process
Candidates faced a rigorous interview process comprising three stages:
1. Technical Interview
2. Techno-Managerial Interview
3. Managerial/Partner Level Interview
All interviews were conducted online. Only the selected candidates were required to visit the firm's office for documentation and physical verification.
Coordinating the Recruitment Process
TalentWorx meticulously managed the entire recruitment process, from scheduling interviews to providing feedback to candidates.
We ensured the application status was consistently updated and the recruitment cycle expedited for faster outcomes. At each stage, TalentWorx assisted in updating the application process of the selected and disqualified candidates and providing them personalized emails to ensure smooth communication.
Gender Diversity Hiring Results
Below are the results of the gender diversity hiring for the client
These results highlight the significant progress and effectiveness of TalentWorx's gender diversity hiring efforts in fulfilling the client’s requirements.
Conclusion
TalentWorx's streamlined recruitment process meets the Global Consultancy Firm’s diversity hiring needs, ensuring a gender-balanced workforce that drives innovation and growth. With meticulous sourcing, shortlisting, and coordination, TalentWorx is a vital partner in the firm’s talent acquisition strategy.
Contact TalentWorx today and experience the future of hiring!
CEO, TalentWorx
Phone: +91 9867034315
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TalentWorx