Impact Hiring

While overall unemployment levels have decreased over the past several years, economic opportunity has remained out of reach for some—including large numbers of youth. As the labor market has tightened, competition for entry-level talent has increased among employers. These factors underpin the value of impact hiring: talent practices that create business advantage through hiring and developing individuals who often face barriers to economic opportunity.

The landscape of impact hiring is changing as more companies explore this practice as a viable talent strategy. FSG—with the support of The Rockefeller Foundation and Walmart—will facilitate and support a learning community for companies and workforce partners interested in innovating and driving best practices in hiring, retention, and advancement of Opportunity Youth and other populations facing barriers to employment. 

Content from this campaign

Diversity & Inclusion

Advancing Frontline Employees of Color
Employers who intentionally find ways to advance the careers and enhance the experiences of their frontline employees of color are able to gain competitive advantage. Learn more by reading the latest report from FSG and PolicyLink.

Responsible Business & Employee Engagement

Rewiring Employment Systems: FSG’s Innovation Labs Now Accepting Applications
Everyone’s talking about workforce, but do you have the tools and knowledge to access and support new sources of talent? Over the last year, FSG has been working to advance employer practice change through their Talent Rewire Innovation Lab program, which supports a wide range of employers to better recruit, retain, and support historically overlooked talent pools with an aim of improving the bottom line.

Responsible Business & Employee Engagement

Four Guiding Principles for Rethinking Your Workforce
With 46 percent of employers reporting difficulty filling jobs and looming uncertainty around how artificial intelligence and automation will impact the future of work, CSR and HR leaders are testing and innovating new models for managing talent that are critical to the future success of their companies.

Responsible Business & Employee Engagement

Entry-Level Retention Makes a Billion Dollar Difference for Business and Society
While the pressure to find and keep talent is felt by employers large and small, FSG’s research over the past year identified a number of companies that are creating business and social value by investing in their entry-level talent.

Diversity & Inclusion

Investing in Entry-Level Talent: Retention Strategies that Work
That's how much voluntary entry-level turnover cost the U.S. retail industry in 2016. And turnover rates are rising across industries from healthcare to banking.

Responsible Business & Employee Engagement

Engaging Employers: Three Lessons from Impact Hiring
How to create more inclusive economies by engaging employers in developing new ideas and solutions for employing and retaining entry-level talent.
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