Benefits and Challenges of Diversity and Inclusion at Work
Let's be honest. Diversity and inclusion benefits are now beyond dispute. According to Deloitte, diverse businesses have 2.3 times higher cash flow per employee. In high diversity contexts, inclusive teams have been proven to increase team performance by up to 30%. According to a BCG study, businesses with diverse management teams saw a 19 percent gain in revenue over those without such diversity. Despite apparent advantages, diversity and inclusion (D&I) is challenging. The fact that many businesses think they are already developing a diverse and inclusive culture is a significant problem. However, only 40% of workers concur that their management promotes a diverse workplace. Related Post: What Are Employee Wellness Programs? What are diversity and inclusion? First, it's helpful to define diversity and inclusion. Politics, race, culture, sexual orientation, religion, class, and gender identity distinctions are all examples of diversity. Diversity in the workplace refers ...