Economic Uncertainty Challenges Tech Workforce Diversity Efforts, According to New Wiley Report
11 7월 2023 - 9:00PM
Business Wire
62% of IT leaders say the economy is slowing
DEI efforts, while nearly the same number are still struggling to
recruit underrepresented talent
The current state of the global economy threatens to roll back
efforts to diversify technology workforces, according to Wiley’s
(NYSE: WLY) latest “Diversity in Tech 2023: U.S. Report,” released
today following a survey of 1,000 Gen Z professionals and over 300
senior tech executives.
The third annual report by Wiley’s industry-leading talent
development business, Wiley Edge, explores the early-career
experiences of tech and non-tech employees, and provides companies
with actionable recommendations to advance their diversity, equity
and inclusion (DEI) initiatives.
However, these initiatives are increasingly at risk today.
Sixty-two percent of executives acknowledged that the current
economic environment is slowing their DEI efforts. Moreover,
there’s a growing disconnect between the perception and the impact
of this work. While 86% of business leaders believe their DEI
strategies are working well, nearly 60% are still struggling to
retain tech talent from historically underrepresented groups.
Indeed, almost 70% of Gen Z tech professionals have felt
uncomfortable at work because of their gender, race, ethnicity,
socio-economic background, neurodevelopmental condition or
disability. This figure is up nearly 20 points from last year’s
survey, contributing to the retention challenge many companies
face.
“Despite the uncertainty in the market today, businesses would
be wise to prioritize and expand efforts to diversify their tech
teams and create more inclusive workplaces,” said Todd Zipper,
executive vice president and general manager at Wiley. “Diversity
fosters innovation and opportunity. It’s especially important to
provide a more level playing field for entry-level tech roles,
widening the aperture of access to qualified candidates of all
backgrounds.”
Remote Work and Expanded Talent Pools
As companies hired more remote employees during the pandemic,
94% of executives said this strategy helped to increase the
diversity of job candidates. In fact, 34% reported offering
flexible working policies to attract underrepresented applicants to
open positions. Yet 62% conceded that remote roles are more at risk
for layoffs in the current economic environment.
Recruitment Challenges and Degree Requirements
The biggest challenge facing companies when recruiting
entry-level tech talent was finding candidates with the specific
skills needed for a role. Nearly 60% of executives noted a gap
between candidates’ tech skills and the company’s requirements for
entry-level positions, despite them holding a relevant college
degree.
Furthermore, 58% of companies are now considering dropping the
degree requirement from certain roles over the next year, while 25%
are expanding job qualifications in place of degree requirements
specifically to increase the diversity of qualified applicants.
To view the full report, please visit: Diversity in Tech 2023:
U.S. Report.
Methodology The employee sample consisted of 1,000
respondents ages 21-24. Individuals working full-time in a
technology or IT-based role represented 43% of respondents. The
employer sample consisted of 303 respondents serving in IT
leadership roles within medium to large-sized companies. All
respondents resided in the United States. Additional details
regarding the methodology may be found in the report.
About Wiley Wiley is a knowledge company and a global
leader in research, publishing, and knowledge solutions. Dedicated
to the creation and application of knowledge, Wiley serves the
world’s researchers, learners, innovators, and leaders, helping
them achieve their goals and solve the world's most important
challenges. For more than two centuries, Wiley has been delivering
on its timeless mission to unlock human potential. Visit us at
Wiley.com. Follow us on Facebook, Twitter, LinkedIn and
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Anthony Amiano / aamiano@wiley.com
John Wiley and Sons (NYSE:WLY)
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John Wiley and Sons (NYSE:WLY)
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