Gen Z workers, born from 1997 through 2012, will make up almost 30% of the global workforce by 2025. To successfully attract, hire, and retain this new generation of employees, companies need to demonstrate they are inclusive, ethical, support wellness, and are committed to making a positive social and environmental impact.
Gen Z graduates are entering the workforce at a time when the overall workforce is shrinking, and they’re bringing with them new expectations that are reshaping the working world.
How Organizations Can Promote Social Justice Through Diversity, Equity, Inclusion, And Belonging (DEIB)
In recent years, the concept of diversity, equity, inclusion, and belonging (DEIB) has become increasingly important in the workplace. DEIB is a set of practices and policies promoting a diverse and inclusive workplace where everyone is respected and valued regardless of race, gender, sexual orientation, religion, or other characteristics.
Diversity, Equity, Inclusion, and Belonging initiatives have been enormous in the last decade. We have witnessed major civil uprisings that have impacted our current workplace. However, some organizations are still unsure how to create a diverse environment for their employees.
Since the #BlackLivesMatters protests in 2020, there has been a dramatic rise in the number of DEIB firms and consultants.
Organizations and companies worldwide are always talking about diversity and inclusion – in fact, the two phrases have become some of the most cited corporate values today. Having an inclusive and diverse workforce sounds easy on paper, but with so many unconscious and systemic biases at play, these might be the most challenging goals to accomplish.
As a rule of thumb, embracing diversity, equity, inclusion, and belonging principles in an organization is vital in creating a high-level performance enterprise as well as fostering employee engagement. Despite the important role DEIB plays in a company, some organizations still find it challenging to implement DEIB efforts and initiatives.
The Dangers Of DEI Non-Compliance “A specific event can impact how stakeholders such as customers, regulators, or investors perceive an organization. If stakeholders subsequently, choose to change their behaviors it may ultimately impact on, for example, an organization’s sales, license to operate, or market value.” Financial Damage In the 2021 financial year, 34.1% of all complaints to the Equal Employment […]
Implement And Measure DEI Introduction The concept of quantifying what matters is essential for making genuine progress toward fostering a healthy, inclusive workplace culture for a small business. By tracking your company’s DEI development, you can learn how your company evaluates the success of its DEI initiatives. By measuring your business’s diversity, equity, and inclusion […]
How Compliance Monitoring & Tracking System Courses Helped Jurisdiction in Georgia For small business consultants, experience and knowledge are just as just critical of an asset for success as networks and reputation. The field requires consultants remain up-to-date on current trainings, compliance requirements, technological advancements as well as other opportunities that help solve client problems. […]
Case Study: North Texas Tollway Authority (NTTA) With NTTA, Team Member Pat Parrish was hired to create a best in class contract compliance tracking and monitoring system, a comprehensive platform system that included a single point of information necessary to obtain required procurement information from the financial system of record, design an automated mode of […]