Workplace diversity is becoming a major concern for employers.
More and more companies have top executives who managing entire divisions responsible for diversity initiatives.
According to one recent study, 63 percent of senior corporate executives around the world believe diversity programs and initiatives help them become more competitive by providing access to top talent. Gender, nationality, ethnicity and age are the most important aspects of diversity to most employers.
Here are some of the key advantages of workplace diversity:
It builds your employer brand
Having a diverse workforce exposes your company to new ideas. Employees gain new perspectives from people who are different from them. A diversified workforce makes it easier to attract people of different backgrounds who wouldn’t normally apply for positions at your company. A diverse workforce also is good for reputation building. It fosters the perception that the company has fair employment practices.
It increases creativity
Bringing together people from a variety of backgrounds increases the likelihood of getting sound solutions to business problems. If you don’t have a diverse workplace, you might not be able to tackle a problem in the best way. This is particularly true when you’re trying to break into foreign markets or markets that are new to you.
It encourages personal growth
Employees strive to use their corporate experience to learn and grow their careers. This is a major advantage to workplace diversity, because it can help employees learn new ideas and perspectives and connect intellectually and personally to different people. This broadens employees’ perspectives and helps them have a better sense of the working world.
It helps employees think more independently
If you have only similar employees, it will be harder to solve complex problems. One study showed that simply adding an employee from a different background could get people out of their comfort zones and thinking differently about a situation.