Orchard is the leading provider of data, technology and software to the online lending industry. Not only were they named to Forbes Next Billion Dollar Startups list, but they are blazing the trail of diversity for the Fintech industry overall. I haven’t noticed too many companies, let alone in the financial industry, writing about workforce diversity on their corporate site, but Orchard is and it’s not just lip service.
They give employers tactical ideas of how to turn diversity initiatives into real value to the company.
Check out part one of their blog series, Building the Diverse Workforce of the Future.
Catherine Pargeter, Senior Manager and Head of Data Integrations, writes about the criticality of diversity, “highly gender-diverse companies are 15 percent more likely to outperform their peers in financial returns.” She adds, “Businesses in the top quartile for racial and ethnic diversity are 35 percent more likely to outperform the competitors.”
For Orchard, they want to attract a diverse workforce on all levels – gender, geographical, racial, religious, socioeconomic and life experiences. Tactics include where and how they advertise their open jobs and visa sponsorship. Pargeter writes, “visa sponsorship can be daunting for a startup, but we’ve decided to make this a top priority. Currently, about nine percent of Orchard employees hold visas, and we have already sponsored J-1, F-1, H1-B, and TN visas.”
Read the full post to see the tactics Pargeter and the Orchard team deploy to make diversity a reality for Orchard.