Leading companies know that having a diverse workplace and culture is the key to boosting employee morale.
As the workforce demographics shift and global markets emerge, workplace diversity becomes harder to ignore. Companies are beginning to see its importance and are beginning to embrace it.
What you need to know about workplace diversity…
The word ‘diversity’ connotes different things. It could be age, gender, race, color or even culture.
A diverse workplace represents an inclusive company. It is important to the employers that employees feel like they make a significant contribution to the organization using their unique qualities.
If organizations want to improve their competitive advantage, they must learn to manage a diverse workforce.
A diverse organization creates a positive image for businesses as it shows inclusivity and equal employment opportunities.
1. Increased exposure
A highly diversified workplace comprises of people from different culture and backgrounds.
This gives room for increased exposure as employees learn from each other.
Inclusive companies are 1.7 times more likely to be innovation leaders in their market. You can never run out of ideas when you have a diverse team.
Why? This is b Juditecause they all bring something to the table. Having different cultural backgrounds means the way they think differ; the beliefs that shape their thoughts are not the same.
This vast difference, even between gender breeds innovation.
Creative concepts are born out of each one offering a solution or suggestion. People from different backgrounds have different experiences and perspectives. This leads to creativity.
3. Grows the organization’s talent pool
Embracing diversity means you’ll attract a large number of candidates from all walks of life. These are people well versed in different diverse skills set and knowledge.
As the number of candidates increases, the chances of finding a suitable candidate will increase too.
4. Employee retention
Who doesn’t want to work for a company that embraces diversity? They don’t discriminate but accept employees from all backgrounds. In the long run, this promotes quality and boosts the morale of the employee.
5. Employee performance
The chances of being happy in an environment that is open and inclusive are higher than one which isn’t.
Employees are more likely to feel comfortable, happy and safe in an organization that embraces diversity. This boosts the confidence of the employee as they feel confident in putting their best.
The higher your employee’s morale, the more productive he or she is.
Organizations who have a range of employees enjoy the benefits of having a broad skill set and experience. All of these gives the company an advantage over others.
Join our Facebook Live on August 22nd to learn how to drive social change through your business/ Career. Click here to sign up.