The modern workplace is an ever-evolving, adapting and revolutionizing entity. The 2022 Diversity and Inclusion Global Market Report showed that diverse companies earn 2.5 times higher cash flow per employee and inclusive teams are more productive by over 35%. Diversity Equity and Inclusion (DEI) now includes "convergence," altering the accepted acronym to DEIC. In light of quiet quitting, inflation and a slim labor market, we outline the reasons DEIC will remain relevant and continue to gain momentum.
1) Human-Centered Values Matter - 3 in 4 job seekers and workers prefer diverse companies and coworkers (Research & Markets, 2022). Social responsibility and ethical practices are top of mind for the upcoming workforce professionals.
2) Recruitment and Retention - While salary and benefits remain leading points of attraction for job seekers, how companies see and engage the world around them has become a main priority for many professionals. Potential employees research potential employers. DEIC values and practices are now deciding factors when it comes to accepting or rejecting a job.
3) Customer Satisfaction - Potential clients now consider the diversity within a company. An established DEIC program also allows you a deeper understanding of a wide range of customers, leading to an expanded customer base and increased brand loyalty.
DefinedTalent sat down with Solange Collins and Michele Daly of AIR: Allies in Recruiting to discuss the top reasons to join their organization. AIR is a collective of advertising, marketing and tech recruiters dedicated to creating a more diverse, inclusive and equitable industry.
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