Benefits of Diversity in the Workplace
What is
diversity in the workplace?
Diversity in the workplace means that a company employs a wide range of
diverse individuals.
In other words, a diverse workforce includes people with different characteristics.
Diversity in the workplace means that a company’s workforce includes
people of varying gender, age, religion, race,
ethnicity, cultural background, sexual orientation, religion, languages,
education, abilities, etc.
Workplace diversity benefit #1: Variety of different perspectives
Diversity in the workplace ensures a variety of different perspectives.
Since diversity in the workplace means that employees will have
different characteristics
and backgrounds, they are also more likely to have a variety of
different skills and
experiences.
Consequently, employees in a company with higher workplace diversity
will have access to a variety
of different perspectives, which is highly beneficial when it
comes to planning and executing a business strategy.
Workplace diversity benefit #2: Increased creativity
Diversity in the workplace leads to increased
creativity.
People with different background tend
to have different experiences and thus
different perspectives. Exposure to a variety of different
perspectives and
views leads to higher
creativity.
When you put together people who see the same thing in different ways,
you are more likely to get a melting pot of fresh, new ideas, thus improving the creativity of your
workforce.
Workplace diversity benefit #3: Higher innovation
Diversity in the workplace leads to higher innovation
rate.
According to a
research, inclusive companies are 1.7 times more likely to be innovation leaders in their market.
In a diverse workplace, employees are exposed to multiple perspectives and worldviews. When these various
perspectives combine, they often come together in novel ways, opening doors
to innovation.
Workplace diversity benefit #4: Higher employee engagement
Workplace diversity leads to higher
employee engagement.
Deloitte conducted a research which captured the views and experiences of 1,550 employees in three
large Australian businesses operating in manufacturing, retail and healthcare.
This research showed that engagement
is an outcome of diversity and inclusion.
The link between workplace
diversity and employee engagement is a pretty straight
forward - when employees
feel included, they are more engaged.
Workplace diversity benefit #5: Better company reputation
Workplace diversity boosts the company’s reputation and brand.
Companies who are dedicated to building and promoting diversity in the
workplace are seen as good, more human and socially
responsible organizations.
Workplace diversity also makes your company look more interesting. Finally, if you present a diverse workforce,
you will make it easier for many different people to relate to
your company and your brand, opening doors to new markets, customers and business partners.
Workplace diversity benefit #6: Improved hiring results
Workplace diversity leads to better hiring results.
Diversity in the workplace boosts a company’s employer
brand and presents a
company as a more desirable place to work. Workplace diversity is an especially beneficial
asset for attracting top talent from diverse
talent pools.
According to a survey conducted by Glassdoor, 67% of job seekers said
a diverse workforce is important when considering job
offers.
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