What is DEI benchmarking?
DEI benchmarking is the process by which companies compare their organization’s diversity, equity, and inclusion against other similar businesses’. Setting workforce diversity goals requires that companies look at talent dynamics through a diversity lens across the total labor market. This means examining demographics like age, gender, race, and ethnicity on a market, industry, and occupational level.
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Get a free customized report with diversity data to kickstart your DEI initiatives.
Benefits of Benchmarking DEI Metrics:
How should companies prioritize diversity and inclusion?
Setting diversity goals is an important step for leadership teams wanting to create more positive and inclusive workplaces. In order to measure progress toward achieving DEI goals, companies need to track DEI metrics. DEI metrics are a way for companies to monitor their DEI efforts and advancement to becoming a more equitable organization. Tracking hiring levels, talent mobility, employee retention, pay equity, and more for diverse workers are all part of diversity metrics. And the foundational piece of DEI metrics is demographics data.
Answer these questions with comprehensive demographics data:
Customer Success Story
With Lightcast, a large software company created a targeted recruitment strategy using normalized job titles to provide accurate diversity and inclusion benchmarks for their skilled and college graduate workforce.
Find the Right Solution
Integrate Lightcast demographics data into your hiring system and strategy to find diverse talent.
Use demographics data to inform DEI initiatives and talent acquisition strategies.
Achieve your DEI goals with custom data sets, personalized analysis, and targeted recommendations.
Data enables you to track DEI metrics.
Lightcast data helps you understand diversity within different regions and occupations. This is important because diversity varies from region to region and occupation to occupation. In order to have a solid DEI strategy, you need objective facts about the demographics data that fuels DEI.
Solutions for DEI Benchmarking
Build an understanding of the diversity within a specific market and an occupation group with targeted demographics data.
See a heat map based on diversity and demographics for your target occupation group and selected region(s).
Understand the diversity of occupations across multiple target locations with direct comparison of selected occupations and regions.
Learn more about diversity benchmarking.
Schedule a time to talk with a member of our team. We'd love to show you how Lightcast can help you with DEI benchmarking.