Benefits of a Diverse Workplace

Employers are becoming more committed to Diversity, Equity, and Inclusion (DEI) in the workplace and realizing the benefits. According to the Diversity Hub, DEI encompasses the symbiotic relationship, philosophy, and culture of acknowledging, embracing, supporting, and accepting those of all racial, sexual, gender, religious and socioeconomic backgrounds, among other differentiators.

• Diversity includes groups such as people of color, women, veterans, LGBTQ employees, older employees, and those with disabilities.
• A diverse employee group can bring different thoughts, ideas, experiences, and perspectives  to the workplace.
• Everyone feels comfortable at the workplace and can do their best work. Employees feel like they belong.
• According to a 2020 McKinsey & Co. report, employers with ethnically diverse executive teams were 36 percent more likely to have above-average profits.

Developing a DEI culture;

• Ensure job descriptions and job postings are more inclusive. For example, often a college degree is listed as an absolute requirement, when it could be disqualifying talented candidates who can’t afford colleges. Review to determine if experience can replace a college degree requirement.
• Establish meaningful relationships with colleges and professional groups that targets diverse groups. A meaningful and on-going relationship is crucial to show commitment to DEI is a top priority.
• Ensure interviewers do not have “unconscious” bias when interviewing. Training and practice interviews can help determine any biases.
• Review Employment Applications and determine if all information requested is necessary. Remove any past salary information and focus on paying what the job is worth.
• Current employees can be an excellent source for referring new hires. But to improve companies must have a diverse workforce. If current employees belong to the same social groups, professional organizations, colleges, etc., it will be more difficult to depend on employee referrals.
• Make DEI a part of the main company values and continually reinforce the company’s commitment. Implement policies and initiatives and clearly state the goals.

Promoting a diverse workplace is the “right thing” to do as everyone should have an equal opportunity in the workplace. For more information, send an email to info@hrsolutionsllc.com