Why Is Diversity & Inclusion in the Workplace Important?

Diversity and inclusion (D&I) are more than policies, programs, or headcounts. Equitable employers outpace their competitors by respecting their team members’ unique needs, perspectives, and potential. As a result, diverse and inclusive workplaces earn their employees deeper trust and more commitment.

What is the difference between diversity & inclusion?

Although diversity and inclusion are related ideas, they are not the same. Diversity has to do with representation or how something is put together. Inclusion is the degree to which the contributions, presence, and viewpoints of other groups of individuals are appreciated and incorporated into a setting.

Even though an environment may be diverse, it is not inclusive if it contains people of various genders, ethnicities, nations, sexual orientations, and identities but only values or privileges those viewpoints.

What is diversity & inclusion in the workplace?

A diverse and inclusive workplace is one in which everyone feels equally included and supported in all parts of the workplace, regardless of who they are or what they do for the company. The phrase “all places” is crucial.

Do your hiring processes, departments, and leadership all reflect diversity? Or if you have a business with 50% female employees but none of the female managers? Do you have a good representation of employees of variety across all departments, though?

Why is diversity & inclusion in the workplace Important?
Research has shown many benefits of a diverse and inclusive workplace:

• • Higher revenue growth
  • Greater readiness to innovate
  • Increased ability to recruit a diverse talent pool
  • 5.4 times higher employee retention

Inclusion in the workplace is one of the most critical keys to retention.

When employees don’t feel their ideas, presence, or contributions are truly valued or taken seriously by their organization, they leave.

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