Pilot Program to Address Inequalities in the Workforce – WISH-TV | Indianapolis News | Indiana Weather forecast
INDIANAPOLIS (Inside INdiana Business) – A joint venture between the Central Indiana Corporate Partnership and the Indy Chamber is launching a pilot program to help companies tackle inequality in the workforce. Business Equity for Indy says the Workforce Pilot will provide companies with evidence-based strategies to reduce disparities, promote equity and support their business competitiveness.
“What we’re responding to with the Workforce Pilot is the continuation of the big quit, the big attrition that we’re seeing, the talent challenges that affect employers from all walks of life,” said Taylor Hughes, vice president policy and strategy. in the House of India.
In an interview with Inside Indiana Business, Hughes said about 60% of employers in the market today are considering leaving their jobs, about 25% above pre-pandemic levels.
“It’s especially difficult for women and people of color. We find that 64% of women are considering leaving and approximately 300,000 black workers have left the labor force across the country even this year,” he said. “We are seeing significant and persistent talent challenges, particularly in the diverse recruiting space.”
The two-year pilot project aims to attract 30 participating companies who will complete a five-step program with guidance from academic partners and other subject matter and technical experts from across the country.
The BEI Workforce Pilot enters this space to say, “Here are strategies that we know have an evidence base that if you put them into practice, they will help reduce racial disparities in your workforce and also help to make a difference on your company’s bottom lines, things like talent, attraction, retention, productivity, other competitiveness, metrics like that,” Hughes said.
Hughes says BEI will also provide resources to help companies implement the strategies outlined in the pilot. The program will also be available at no cost to participating companies.
Hughes says he believes the demand for a one-of-a-kind program like the Workforce Pilot is very strong.
“We want to be able to say, regardless of where you start as a business, whether you’re working with a DEI consultant, you already have a plan you’re working with that we can help support, or it’s is your first time out and really looking for a lot of help putting something new together, we want to have a good range of these businesses so we can help your business wherever you are on this journey, and explain that fairness is essential to innovation and competitiveness.
Applications for the pilot project are accepted until August 31. Companies will be notified if they are selected to participate by mid-September.
You can learn more about the Workforce Pilot by clicking here.