DiversityInc.com has published The 2008 Top 50 Companies for Diversity List. More than 350 companies that have more than 1,000 employees participated. We’re pleased to note that nearly half of the top 20 for the past two years are companies that use Taleo.

Congratulations also to Taleo customer JPMorgan Chase who was ranked #1 of the Top 10 Companies for Recruitment & Retention, is considered “a longtime human-capital diversity leader”, and also made the Top Ten Companies for Executive Women.

Not focusing on diversity is simply bad business. The impact of workplace unfairness on retention is costing the US economy an estimated $64 billion per year in turnover of managers and professionals according to The Corporate Leavers Survey published by the Level Playing Field Institute.

A commitment to the power of diversity goes beyond simply employing compliance in the hiring process. It’s an organizational culture initiative. However, having systems in place that measure and monitor diversity certainly help a company know where it stands.