Home

Instant Insights / Doubling Down on Diversity

X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Doing the bare minimum to be legally compliant is likely not enough to support a strong and diverse corporate culture and this will lead to organizational cynicism about both the compliance and diversity initiatives.

Organizations today have a compelling interest to take both compliance and diversity beyond paper initiatives. Both are essential to ensuring a fair and safe workforce, and both need to be enforced from the top down to be successfully administered. However, businesses still struggle to find the common ground between the two, and more specifically, how compliance can (and should) improve diversity efforts – and vice versa.

In August 2021, the US Securities and Exchange Commission (SEC) approved a new listing rule from the Nasdaq Stock Exchange (NSE) that mandates all companies trading on Nasdaq to have at least two diverse directors on the board. This, as one of the first official listing rules that cracks down on diversity efforts, is now one of the driving forces for both public and private sector companies to rethink how they are shaping their corporate culture, both from a compliance and diversity standpoint.

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2023 ALM Global, LLC. All Rights Reserved.