My time as a Recruiter and Diversity & Inclusion Consultant in the fintech and banking sectors has emphasized the critical need for a deeper understanding of Neurodivergent talent. This often-overlooked pool of talent presents a significant business opportunity that should not be underestimated. By embracing and nurturing neurodiversity, companies can gain a competitive advantage.
To fully appreciate the value of neurodivergent talent in fintech, it’s essential to first define Neurodiversity.
Neurodiversity refers to the diversity of all individuals but is frequently discussed in the context of conditions such as Autism Spectrum Disorder (ASD), ADHD, dyslexia, and other neurological or developmental differences. Around 15-20% of the population is considered neurodivergent due to differences in brain function and information processing. This spectrum encompasses both neurotypical and neurodivergent individuals.
Corporate initiatives have traditionally focused on supporting individuals with autism, but there’s an opportunity to broaden these efforts to include individuals with dyspraxia, dyslexia, ADHD, social anxiety disorders, and more. Research indicates that individuals with these conditions often possess exceptional abilities, such as pattern recognition, memory, or mathematics skills.
Major companies like SAP, Hewlett Packard Enterprise (HPE), Microsoft, Willis Towers Watson, Ford, and EY have already recognized the benefits of embracing neurodiversity. These companies have revamped their HR processes to tap into the unique talents of neurodiverse individuals, leading to increased productivity, innovation, and creativity within their teams.
There are six key benefits to hiring neurodivergent talent in fintech:
1) Pattern Spotting: Individuals with ASD excel in tasks requiring attention to detail and pattern recognition, making them ideal for roles in software quality assurance, image analysis, and cybersecurity.
2) Increased Productivity: Companies like JPMorgan and Hewlett Packard Enterprise have reported significant productivity gains by incorporating neurodiverse talent into their teams.
3) Outside-the-Box Thinkers: Neurodivergent individuals bring unique thinking patterns to the table, leading to innovative solutions and advancements in technology.
4) Product Design: Their creativity and innovative thinking contribute to the development of intuitive interfaces and inventive solutions.
5) Employee Retention and Loyalty: Neurodiverse individuals are highly dedicated and loyal employees, fostering a supportive and inclusive work environment.
6) Expand Clientele: Their deep empathy can help companies better understand their customer base and develop meaningful products and services.
To attract and retain neurodivergent talent, fintech firms should collaborate with diversity experts and participate in neurodiversity-focused organizations. By embracing neurodiversity and creating inclusive workplaces, companies can unlock untapped potential and drive innovation in the fintech industry.
