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Other Papers on :Diversity and the labour market
The purpose of this report is to analyse the benefits and drawbacks of diversity management approach and to suggest the recruitment and selection strategy which would assist in attracting diverse workforce. This paper concludes that diversity in management approach carries several drawbacks for the company however, in today's fast-changing world, workforce diversity is compulsory for many organisations as it enables them to compete effectively on the market. Workforce diversity could allow organisation to enjoy greater benefits, reduce costs and increase profitability. Taking into account these factors, diversity management approach should be pursued by the managers and supported by upper-management in order to reach organisational objectives and assure the long-term success of the company.
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