The Benefits of Hiring People with Disabilities for Your Business
Are you looking for ways to improve your business performance, culture and reputation? Do you want to tap into a diverse and talented pool of potential employees? If so, you should consider hiring people with disabilities.
People with disabilities are individuals who have physical, mental, intellectual or sensory impairments that may affect their ability to perform certain tasks or activities. However, they also have unique skills, abilities and perspectives that can benefit your business in many ways.
According to the U.S. Census Bureau, there are about 61 million people with disabilities in the United States, representing 26% of the population. However, only 19.3% of them are employed, compared to 66.3% of people without disabilities. This means that there is a large and untapped talent pool that you can access by hiring people with disabilities.
Here are some of the benefits of hiring people with disabilities for your business:
Improve your bottom line
Hiring people with disabilities can boost your profitability and competitiveness in several ways:
People with disabilities often have problem-solving skills, adaptability and resourcefulness that they have developed through overcoming challenges in their lives. These skills can help them perform well in various tasks and situations, as well as contribute to innovation and creativity in your business.
People with disabilities tend to have high loyalty and low turnover rates, which can save you money on recruitment, training and retention costs. According to a study by the Job Accommodation Network (JAN), 90% of employers reported that hiring people with disabilities had no effect or a positive effect on their overall costs.
People with disabilities can help you reach new markets and increase customer loyalty by reflecting the diversity of your consumer base and enhancing your brand image. According to a survey by Nielsen, 66% of consumers said they would prefer to buy from companies that employ people with disabilities, and 92% said they would be more likely to trust such companies.
Improve your company culture
Hiring people with disabilities can also improve your company culture in several ways:
People with disabilities can bring diversity and inclusion to your workplace, which can foster a sense of belonging, respect and collaboration among your employees. According to a study by Deloitte, inclusive workplaces have higher employee engagement, productivity and performance than non-inclusive ones.
People with disabilities can also increase the ability awareness and empathy of your employees, which can improve their communication, teamwork and customer service skills. According to a study by Accenture, 77% of employees said that working with people with disabilities made them more aware of accessibility issues and more supportive of disability rights.
People with disabilities can also inspire your employees with their motivation, resilience and positive attitude, which can enhance their morale and satisfaction. According to a study by Walgreens, employees with disabilities had 40% lower absenteeism rates and 67% higher retention rates than employees without disabilities.
Qualify for tax incentives and deductions
Hiring people with disabilities can also qualify you for various tax incentives and deductions from the federal government, such as:
The Work Opportunity Tax Credit (WOTC), which offers employers up to $9,600 per year for hiring individuals from certain target groups, including veterans with service-connected disabilities and Supplemental Security Income (SSI) recipients.
The Disabled Access Credit (DAC), which offers small businesses up to $5,000 per year for making their facilities or services more accessible to people with disabilities.
The Barrier Removal Tax Deduction (BRTD), which allows businesses of any size to deduct up to $15,000 per year for removing physical barriers or providing alternative means of access for people with disabilities.
How to hire people with disabilities
If you are interested in hiring people with disabilities for your business, here are some steps you can take:
Review your recruitment and hiring policies and practices to ensure that they are accessible and inclusive for people with disabilities. For example, you can use plain language in your job descriptions, offer multiple ways to apply for jobs, provide reasonable accommodations during interviews and tests, and avoid asking disability-related questions that are not relevant to the job.
Reach out to organizations and resources that can help you connect with qualified candidates with disabilities. For example, you can use the Employer Assistance and Resource Network on Disability Inclusion (EARN), which provides free education and consultation on disability inclusion strategies. You can also use the Workforce Recruitment Program for College Students with Disabilities (WRP), which offers a database of pre-screened job seekers with disabilities who are eager to work in various fields.
Provide training and support for your managers and employees on how to work effectively with people with disabilities. For example, you can use the Job Accommodation Network (JAN), which provides free, expert advice on workplace accommodations that can help people with disabilities perform their jobs. You can also use the Campaign for Disability Employment, which offers media assets and materials that can help you promote a positive and inclusive work culture.
Hiring people with disabilities is not only the right thing to do, but also a smart business decision. By hiring people with disabilities, you can improve your bottom line, your company culture and your social responsibility. You can also access a diverse and talented workforce that can help you achieve your business goals.
If you want to learn more about the benefits of hiring people with disabilities for your business, you can visit the following websites: