According to the Bureau of Labor Statistics, only about 19% of people with disabilities were employed in 2019. When you compare this to the rate of employment for people without disabilities the contrast is shocking, since over 66% of the population without disabilities are currently employed.
While there are some cases where employment is not possible for people with disabilities, this population also often faces hiring discrimination, whether implicit or overt. Hiring people with disabilities can make a big difference not only to them, but to your team as well – and here’s why.
1. Larger Hiring Pool
The larger your hiring pool, the more likely you are to find candidates who align with your business’s mission and vision. Additionally, you may find that when you expand your hiring pool, there are more individuals with the specific qualifications that you are looking for in a position.
2. Increased Diversity in the Workplace
Creativity stems from different perspectives. Regardless of what type of work you are looking for, whether it is of a technical nature or more subjective, creativity is an important trait for any employee to have.
People with different backgrounds or who have already overcome challenges in their lives are more likely to be able to come up with creative solutions to issues that can benefit the whole company. They can also inspire others to consider inclusivity and diversity in a way they had not before.
3. Tax Incentives for Employers
Some employers are reluctant to hire people with disabilities because they believe it will cost them too much money out of pocket to make accommodations. This obstacle can be especially challenging for small businesses or businesses without a lot of funding.
The good news is that there are tax benefits available for companies that hire people in certain targeted groups, including people with disabilities. This can make it easier for small businesses to expand their hiring pools and ensure Americans with Disabilities Act (ADA) compliance.
4. Higher Retention Rate
Studies over the years have shown that people with disabilities are more likely to stay in their jobs that individuals without disabilities. They are often loyal employees who will work hard for employers that put the effort in to meet their needs and create an inclusive environment.
5. Potential for Government Contracting
If you have been considering jumping into government contracting, hiring individuals with disabilities, veterans, and people from other diverse groups can help your company secure government contracts. Though these are not the only requirements, they are important facets for poising yourself as a contractor.
In fact, Section 503 of the Rehabilitation Act requires some federal contractors and subcontractors to show good faith effort in actively recruiting individuals with disabilities.
Contact Applied Development to Discuss Disability Hiring
If your business is looking to branch out and begin taking proactive steps to hire people with disabilities, Applied Development can help. Give us a call today at (410) 571-4016 or contact us online for more information.