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The So What from BCG
Taking the Risk Out of Fair-Chance Hiring
Jul 3, 2024
Lina Bankert and Kathleen St. Louis Caliento discuss fair-chance hiring for justice-impacted individuals, highlighting the benefits for individuals and employers. They emphasize the importance of partnerships with government agencies and nonprofits to provide support beyond just job opportunities, such as housing and transportation assistance. The podcast explores the challenges faced by individuals with criminal records in securing employment, dispelling myths and advocating for inclusive practices. Successful examples of fair-chance hiring and strategies for companies to promote equitable hiring practices are also discussed.
20:26
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Quick takeaways
- Formerly incarcerated individuals can be model employees with proper support and fair chance hiring practices.
- Companies can benefit from fair-chance hiring by tapping into a diverse pool of talent and creating inclusive work environments.
Deep dives
Significant Skills Shortage in US Companies
US companies are facing a well-publicized skills shortage, with three-quarters reporting difficulty finding necessary talent. Fair chance hiring is highlighted as crucial, not only socially but increasingly as a business imperative. Employers need to consider diversity, equity, inclusion, and fair chance hiring to tap into a diverse pool of talent, including people with records.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode