How to establish tangible, measurable DE&I initiatives

(Photo: Friends Stock/Adobe Stock)

For years, we’ve talked about the business benefits of diversity and inclusion in the workplace, and evidence shows there’s a direct correlation. In fact, 75% of companies with diverse and inclusive teams are predicted to exceed their financial targets through 2022, showcasing the power of diverse thought and perspectives on creativity and innovation.

While many employers may feel like they’re executing on their DEI initiatives, it’s not always the case with how employees feel about DEI success. According to a recent Forbes survey, only 53% believe their employer is meeting its DEI goals, leaving diverse employees still feeling excluded from opportunities and underpaid. The pandemic has exacerbated the problem, amplifying pre-existing inequities, disproportionately affecting Black, women and Hispanic and Latino workers.