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Board Report: 2024-MO-B-017 September 25, 2024

The Board Can Strengthen Its Hiring Practices to Help Mitigate Bias and Reinforce Its Commitment to Ensuring a Diverse Workforce

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A diverse workforce, with varied experiences and perspectives, helps the Board meet its mission of promoting a strong economy for the American people.

Examining the Board's hiring efforts over several years, we found it follows certain leading practices to cultivate workforce diversity. For example, it uses specialized hiring platforms and tracks demographic data throughout the hiring cycle.

However, the Board's applicant pool becomes less diverse in the latter stages of the hiring cycle. To mitigate this challenge, the Board can issue comprehensive guidance and policies that promote additional leading practices, such as anonymizing resumes and requiring training for hiring managers, throughout the agency.

Our recommendations will help strengthen the Board's hiring process and practices.