Power in Diversity Israel report ranks HiBob third most diversified company of 650 Israeli venture-backed organizations evaluated for the report
London, UK & Tel Aviv, Israel – 10 February, 2023: HiBob, the company behind Bob, the HR platform transforming how organizations operate in the modern world of work, today is proud to celebrate earning a top place in this year’s Power in Diversity Israel report.
Now in its second year, the Power in Diversity study reports on the diversity of Israel’s startup ecosystem. It ranks HiBob as one of the top three most diverse companies in the country. For the first time, and in addition to female representation in the workforce, it also examines the status of ultra-Orthodox and Arabs in the ecosystem. This review surveyed 650 private and public companies which started out as Israeli based VC backed firms.
According to this year’s data, women make up 34% of startup employees. 24% of management positions and 27.8% of technological positions. Israeli Arabs make up 0.2% of startup employees, while the ultra-Orthodox population makes up 0.4%. The gap between the number of diverse employees in startups and their percentage in the population is significant in all three groups. It points to the need for organizations to establish a more deliberate DE&I strategy as well as an increased focus on a wider definition of belonging.
“The data in this report is critical for companies to understand in order to maximize the potential found in a diversified workforce as a source of innovation, disruption and business success,” said Ronni Zehavi, CEO and co-founder of HiBob.
Ronni concludes: “A special alchemy occurs when you can unite individuals from different backgrounds, creeds or ethnicities around a common cause. I’m proud to say HiBob is very intentional when it comes to its diversity objectives, so this recognition is particularly important and gratifying. We’re very happy to be in the top three most diverse companies in this report.”
HiBob is on a mission to transform how organizations operate in the modern world of work with its HR platform ‘Bob’. Leading the way for the future workplace, Bob offers resilient, agile technology that wraps all the complexities of HR processes into a game changing, user-friendly tool that touches every employee across the business.
Since 2015, trusted and empowered ‘Bobbers’ from around the world have brought their authentic selves to work, inspired to build the exceptional HR systems that will revolutionize the work experience for HR professionals, managers, and employees. Agile and adaptable, HiBob innovates through continuous learning loops to produce seismic cultural shifts for companies with dynamic, distributed workforces.
HiBob is used by more than 3000 multinational companies – including Cazoo, Monzo, Happy Socks, Fiverr, and VaynerMedia. Organizations using Bob are able to accelerate hiring, retain the best talent, upskill and elevate employee engagement.
For more information about HiBob, visit https://www.hibob.com/.
About Power in Diversity Israel
Power in Diversity Israel is a joint venture of over 60 Israeli VC firms over 170 Israeli startups, coming together to promote diversity and inclusion in the Israeli tech industry.
We believe that diversity is one of the key elements for innovation and ingenuity. For Israel to continue to serve as an international model for innovation, it is essential that the members of the Israeli tech industry reflect the diverse world we live in. As we increase diversity within our community, our companies – and society as a whole – we will achieve greater success.