June 26, 2024
Recent statistics on diversity in the workplace don’t lie: inclusivity is good for business. Here’s why:
Imagine you finally find the perfect job candidate after what feels like a marathon of a search.
It feels like a match made in heaven, but instead of snatching up your offer, they just…walk away. 🚶♀️💨
But rather than just ghosting you after they reject your offer, like so many do, this candidate actually gives you feedback:
It’s not about the paycheck or the perks.
It’s because the lack of diversity within your company was a red flag.
Yikes.
Learning that something you thought was a minor detail could actually be a dealbreaker for top talent? That’s a tough pill to swallow.
Turns out, diversity isn’t just a little detail. It’s a big deal, and it’s a major factor that more and more job seekers are actively looking for in a workplace. In fact:
1 in 3 people have turned down a job offer because of a perceived lack of diversity and inclusivity in the organization.
So in today’s cutthroat talent chase, having a truly inclusive culture isn’t just a nice-to-have; it’s a must-have.
And the benefits of diversity go waaaay beyond attracting top talent.
If there’s one conversation we’re never putting on mute, it’s about the real value of diversity on your team.
Not because ‘diversity’ has been the trendy buzzword since 2020, but because we’ve got the recent and cited stats to prove that diversity really is better for your business.
In this episode, we’re diving deep into why a diverse team is a major win for your bottom line, and we’ll show you how to champion it authentically, not performatively.
Listen Now:
Sources of Diversity In Workplace Statistics and Further Reading:
“Corporate Diversity Data: What Fortune 500 DEI Reports Reveal.” Purpose Brand, purposebrand.com/blog/diversity-report-examples-fortune-2023/.
Parker, Kim, et al. “On the Cusp of Adulthood and Facing an Uncertain Future: What We Know About Gen Z so Far.” Pew Research Center’s Social & Demographic Trends Project, 14 May 2020, www.pewresearch.org/social-trends/2020/05/14/on-the-cusp-of-adulthood-and-facing-an-uncertain-future-what-we-know-about-gen-z-so-far-2/#fn-28453-1.
“Gender Pay Gap Statistics You Should Know.” Built In, builtin.com/recruiting/gender-pay-gap-statistics.
“U.S. Bureau of Labor Statistics.” U.S. Bureau of Labor Statistics, 6 Feb. 2024, www.bls.gov/opub/ted/2024/womens-earnings-were-83-6-percent-of-mens-in-2023.htm.
“Understanding Organizational Barriers to a More Inclusive Workplace.” McKinsey & Company, www.mckinsey.com/capabilities/people-and-organizational-performance/our-insights/understanding-organizational-barriers-to-a-more-inclusive-workplace.
Wilson, Reid. “Diversity Defines the Millennial Generation.” Brookings, Brookings, 24 July 2014, www.brookings.edu/articles/diversity-defines-the-millennial-generation/.”Women in Tech.” Built In, builtin.com/women-tech.
