Vaco Insights & Resources
DEI in the Workplace: 2024 Trends and More
As organizations navigate existing challenges in 2024, it is important to implement new and innovative strategies that not only highlight organizational DEI efforts but expand and improve them internally and externally. Four trends that organizations can expect to shape DEI efforts in 2024 include:
- Expansive DEI Communications and PR Strategies: An effective DEI communications and PR strategy empowers workers to share these details internally and externally, establishing deeper and more meaningful professional relationships.
- Leadership Takes an Inclusive Approach: When leaders buy into and support DEI efforts, it has a direct correlation to organizational success.
- A Commitment to Learning and Growth Will Help Attract and Retain Top Talent: Implementing mentorship and sponsorship programs share the overarching goal to grow organizational talent.
- Workers Expect Pay Equity and a Clear Career Path: Workers want to know that their employers not only value their contributions, but that they’re as valued as their colleagues with the same skill set and level of experience.
DEI isn’t leaving the workforce anytime soon. A recent survey found that of 2,600 global leaders surveyed, 85% said that their organization has a budget for DEI initiatives, with almost half of them expecting to increase their DEI budgets in the next year.
Source: Vaco
Vaco Insights & Resources
Balancing Act: Strategies for Achieving Both Speed and Quality in Recruitment
At a time rife with ongoing talent shortages and low unemployment, it’s more crucial than ever to balance the two cornerstones of recruitment—quality and speed—when sourcing candidates.
- Quality: Slowing Down to Go Fast
- Be proactive. - Be a good listener. - Follow a process.
- Speed: Technology With a Human Touch
- Lean into technology. - Create a social media strategy. - Be authentic and consistent.
Adapting strategies to enhance both speed and quality is a balancing act. Ensuring recruitment practices align with evolving market dynamics and candidate expectations, especially at a time when top talent is in the driver’s seat, is the key to success.
Source: Vaco via The Staffing Stream
Vaco Insights & Resources
Case Study: Optimizing Machine Learning Models Through Data Labeling for a B2B Software Company
The Challenge:
A leading multinational B2B software company urgently needed to combat phishing and other scams targeting its CRM platform with high-quality data labeling to optimize its machine learning models. The Solution:
Vaco quickly led initial training sessions and ongoing syncs around policy guidelines, documentation requirements and quality expectations. In addition, a team of quality specialists provided:
- 55 hours dedicated to the review process.
- 12 hours dedicated to quality assurance.
- Proficiency in five languages.
The Impact:
Within four days, Vaco’s efforts led to:
- Data labeling 2,000 items in 13+ languages.
- A 98% confidence level.
- A 5% margin of error.
- Less than 9 false positives identified.
Source: Vaco