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MAKE THE CASE
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Research and countless examples demonstrate that when organizations demonstrate inclusion and equality, everyone benefits.
A company that cultivates a culture of inclusion is innovative, a leader in the industry, a model of progressive policies, and ultimately more profitable.
Diversity is here.
Nearly 50% of Gen Z are BIPOC, over 20% of Gen Z are LGBTQ+, and about 15% of all Americans are neurodivergent. (Census, Pew Research, CDC)
Be a more attractive employer.
75% of Gen Z candidates said that a company’s commitment to diversity and inclusion is important when choosing an employer. (EY)
67% of job seekers consider workplace diversity an important factor when considering employers, and more than 50% of current employees want their workplace to do more to increase diversity. (Glassdoor)
A strong sense of belonging among employees was also found to result in a 50% lower risk of turnover and a 56% increase in job performance. (Harvard Business Review)
Make better decisions.
In one study, all-male teams beat individuals nearly 60% of the time, gender-diverse teams outperformed 75% of the time, and teams that had diverse genders, geography, and age made better decisions than that lone individual 87% of the time. (Cloverpop)
Better understands the needs of your market.
Companies with diverse teams are 70% more likely to report the capture of a new market within the past year and almost 50% more likely to report market growth in the prior year. (Coqual)
Be more attractive to customers.
76% of Americans believe corporations should take the lead on social change, rather than waiting for government to impose change. (Edelman)
Reflect the nation’s point of view.
At least 75% of each race/ethnicity, a majority across political ideologies, and at least 74% across generations support businesses taking active steps to make sure companies reflect the diversity of the American population. (The Harris Poll)
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Companies that exhibit gender and ethnic diversity are, respectively, 15% and 35% more likely to perform better than those that don’t. Companies leading in executive board diversity had returns that were 53% higher than others. (McKinsey)
Use data that shows direct impact to your business.
Promotion and turnover rates by people from underrepresented groups
Employee engagement survey qualitative and quantitative data
“We increased our profit margin after using diverse suppliers…”
”Our ERGs helped us gain market share in….”
It’s the right thing to do.
Black people were excluded from certain sections of cities until 1968.
Until 2020, in 28 states, LGBTQ+ people could be legally fired from their job.
LGBTQ+ people can still be denied housing or access to public accommodations in 28 states.
Women on average earn $.82 on the dollar (Black women, $.62, Native American women $.57, Latina, $.54)
Black men earn $.87 and Latinos earn $.91 on the dollar
At the age of 37, women’s salaries drop to 67% of men’s (EqualPayToday.org)
The average white household has about 7x more wealth than the average Black household.
Only 1.6% of the Fortune 500 have a Black CEO.
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A proactive approach to inclusion and equity can bring measurable financial gains. It’s not always easy, but it’s worth it.
Let’s get proactive about inclusion.
Diversity & Inclusion Strategists & Speakers