What is availability analysis?
Availability analysis is a process used to determine the number of qualified minorities and women available in the labor market. This process ensures diversity in the workplace, both in terms of gender and ethnicity. Availability analysis involves examining the labor market and population characteristics of a particular region or country to estimate the number of minority or disadvantaged groups who are qualified for a particular job. This analysis helps employers identify potential sources of such candidates and ensure that companies are considering a full range of diverse populations. The analysis can also be used to identify potential training and development opportunities that can help improve the diversity of the workforce within a team.
An availability analysis is usually conducted by grouping positions. This is a method of creating a labor pool of potential qualified candidates grouped by similar duties that they need to perform. In this way, employers can assess the availability of qualified minorities for a particular position or positions that are vacant in the company.