Companies that focus on fairness and take steps to increase diversity have a better chance of attracting and retaining top talent.
Additionally, organizational psychologists have been studying diversity in organizations for decades. Researchers have demonstrated positive business outcomes for organizations with diverse workforces, especially those with diversity within their leadership teams and board rooms. Research findings have been consistently supportive of the benefits of diversity.
Organizations with greater diversity see benefits like:
- Higher employee satisfaction
- Decreased turnover
- Increased productivity
- Better reputation
- Higher customer satisfaction
- Greater innovation and creativity
- More effective problem solving
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More than 50% of employees want their workplaces to do more to increase diversity.