Persons with disabilities (PWDs) may be handicapped to some extent, but they also represent a skilled and talented market that businesses should consider tapping.
There is great value in hiring PWDs for your business as:
1.PWDs tend to be more productive and possess the potential to help increase a business’s profitability
A recent study by a reputable BPO company reveals that companies championing PWDs outperformed other companies in terms of revenue, net income and profit margin. Furthermore, the same study also revealed that companies with advanced internal practices for disability inclusion were more likely to see higher shareholder returns.
The willpower and determination of PWDs enable them to perform at par or even better with individuals who do not suffer from long-term physical, mental, intellectual or sensory impairments.
Instead of being a hindrance, their disability fuels their innovativeness and creativity to become more useful to a business than others. Furthermore, studies show that PWDs:
a: Take less time off work
b: More likely to stay on the job longer than workers without disabilities
c: Are highly motivated, which leads to increased productivity
2. Businesses enhance their reputation by employing PWDs
The image of a company is enhanced if it decides to employ PWDs. Employing PWDs also creates brand value for businesses, especially for consumer-driven companies. By embracing a diverse and inclusive workforce through the employment of PWDs, businesses become more attractive to prospective employees, clients and partners.
3.Businesses are entitled to incentives by employing PWDs
Private corporations that employ at least 100 employees are encouraged to reserve at least 1% of all positions for PWDs. Private corporations that hire PWDs are entitled to the following incentives under Republic Act No. 7277 or the “Magna Carta for Persons with Disability”:
25% additional deduction from the private corporation’s gross income of the total amount paid as salaries and wages to PWDs.
Private entities that improve or modify their physical facilities in order to provide reasonable accommodation for PWDs shall be entitled to an additional deduction from their net income, equivalent to 50% of direct costs of the improvements or modifications.
The employment of PWDs should not only be seen as a boon for businesses in terms of productivity and profitability. It must also be viewed as a business’s contribution in the promotion of social inclusion in the country.
“Businesses that have an eye for talent are bound to grow faster. Businesses that look down on one’s incapacity are bound to decliner sooner than later.”
Servehappy Jobs is an equal opportunity employer. We encourage businesses to hire PWDs. We will be more than happy to accommodate your hiring needs for PWDs.