Executive Summary
Fair360, formerly DiversityInc benchmarking reports compare a client company to the Fair360, formerly DiversityInc Top 10 Index. This document provides rationale for this practice.
- Top 10 Index represents the best in talent management, setting the standard for, inspiring and motivating client companies.
- Top 10 Index identifies problem areas and suggests a clearer roadmap for improvements better than an industry-specific index.
- Top 10 Index is annually updated and represents continuous progress.
- Benchmarking against a specific industry can be counterproductive when a particular industry may have the bar set low.
- A custom index, such as a cherry-picked industry-specific index, may misguide a client’s talent management practices.
- Fair360, formerly DiversityInc utilizes normalized measurements and statistics (such as “fair ratios”) that are industry-agnostic.