Why you should work for a company that values diversity and inclusion
The American population, and therefore the national workforce, is becoming increasingly diverse. According to the Bureau of Labor Statistics, the white labor force is expected to grow from 84% in 1994 to 77% in 2024, while the minority labor force is expected to increase from 15% to 23%.
In the modern workplace, “diversity and inclusion” is at the forefront of many mission statements and corporate values, and they have been amplified by the unprecedented social justice movements that have swept the world in 2020.
huge priorityIt is also a high priority for job seekers. About 78% of employees in the tech industry said that diversity, equity and inclusion (DEI) initiatives are very important to them when considering whether or not to accept a job offer. For Black, Indigenous and People of Color (BIPOC), that number jumps to 88%.
But what does diversity and inclusion in the workplace really mean? Diversity refers to political beliefs, race, culture, sexual orientation, religion, class and/or gender identity differences. And inclusion means that everyone in diversity feels involved, valued, respected, treated fairly and integrated into the culture of the company.
Essentially, diversity and inclusion is a conversation about rewriting implicit biases: rooting them out wherever they exist and challenging the idea that different means inferior. The overall goal of diverse and inclusive practices is to build a workforce that reflects the available labor market with all talent groups equally represented, and not excluding anyone because of their differences.
>In addition to being a moral imperative, an inclusive workplace has financial and productivity benefits for everyone involved. Targeting an employer committed to DEI initiatives might just be the way to grow and sustain your career in 2023. And here's why:
Diversity drives innovationEveryone wants to work for an innovative organization that is a leader in its field. Typically, these are companies that can anticipate market trends, industry disruptions, and technological change, thrive in the face of that change, and empower employees to do the same.
>A 2018 study by Harvard Business Review found that companies with above-average total diversity had 19% higher innovation revenue. And it's not hard to imagine why. A diverse group of people will find it easier to come up with inventive solutions to problems than a group that all brings a similar set of life experiences to the table.
Organizations that prioritize DEI initiatives will always be more efficient and adaptable. True creativity is fostered where different worldviews and skills meet, and increased creativity, in turn, leads to greater innovation.
Notable is the presence of inclusive employers on VentureBeat's Job Board, such as Netflix (with positions currently open), which has a business model based on the concept that better on-screen representation starts with representation in the office. Netflix strongly believes that the company performs better if employees come from different backgrounds and if an environment of inclusion and belonging is created for them.
Reinforcement of soft skillsIn both educational and professional settings, cultural diversity benefits everyone. It paves the way for more empathy and compassion, deeper learning, and approaches the world from different perspectives.
A culturally diverse workplace allows employees to develop their soft skills, especially their curiosity and adaptability. Understanding the true meaning of diversity and inclusion has a positive effect on all workers, whether or not they are part of minority groups themselves.
Cultural diversity helps foster individuals with good emotional judgment and teamwork skills to foster a better corporate culture. Check out progressive companies like Ripple (with great opportunities for software engineering positions in New York and San Francisco) that prioritize an inclusive collaborative work environment as a policy.
Ripple believes that in order for you to perform at your best and thrive, business must provide a space where, regardless of race, ethnicity, gender, ethnicity, or ass...
The American population, and therefore the national workforce, is becoming increasingly diverse. According to the Bureau of Labor Statistics, the white labor force is expected to grow from 84% in 1994 to 77% in 2024, while the minority labor force is expected to increase from 15% to 23%.
In the modern workplace, “diversity and inclusion” is at the forefront of many mission statements and corporate values, and they have been amplified by the unprecedented social justice movements that have swept the world in 2020.
huge priorityIt is also a high priority for job seekers. About 78% of employees in the tech industry said that diversity, equity and inclusion (DEI) initiatives are very important to them when considering whether or not to accept a job offer. For Black, Indigenous and People of Color (BIPOC), that number jumps to 88%.
But what does diversity and inclusion in the workplace really mean? Diversity refers to political beliefs, race, culture, sexual orientation, religion, class and/or gender identity differences. And inclusion means that everyone in diversity feels involved, valued, respected, treated fairly and integrated into the culture of the company.
Essentially, diversity and inclusion is a conversation about rewriting implicit biases: rooting them out wherever they exist and challenging the idea that different means inferior. The overall goal of diverse and inclusive practices is to build a workforce that reflects the available labor market with all talent groups equally represented, and not excluding anyone because of their differences.
>In addition to being a moral imperative, an inclusive workplace has financial and productivity benefits for everyone involved. Targeting an employer committed to DEI initiatives might just be the way to grow and sustain your career in 2023. And here's why:
Diversity drives innovationEveryone wants to work for an innovative organization that is a leader in its field. Typically, these are companies that can anticipate market trends, industry disruptions, and technological change, thrive in the face of that change, and empower employees to do the same.
>A 2018 study by Harvard Business Review found that companies with above-average total diversity had 19% higher innovation revenue. And it's not hard to imagine why. A diverse group of people will find it easier to come up with inventive solutions to problems than a group that all brings a similar set of life experiences to the table.
Organizations that prioritize DEI initiatives will always be more efficient and adaptable. True creativity is fostered where different worldviews and skills meet, and increased creativity, in turn, leads to greater innovation.
Notable is the presence of inclusive employers on VentureBeat's Job Board, such as Netflix (with positions currently open), which has a business model based on the concept that better on-screen representation starts with representation in the office. Netflix strongly believes that the company performs better if employees come from different backgrounds and if an environment of inclusion and belonging is created for them.
Reinforcement of soft skillsIn both educational and professional settings, cultural diversity benefits everyone. It paves the way for more empathy and compassion, deeper learning, and approaches the world from different perspectives.
A culturally diverse workplace allows employees to develop their soft skills, especially their curiosity and adaptability. Understanding the true meaning of diversity and inclusion has a positive effect on all workers, whether or not they are part of minority groups themselves.
Cultural diversity helps foster individuals with good emotional judgment and teamwork skills to foster a better corporate culture. Check out progressive companies like Ripple (with great opportunities for software engineering positions in New York and San Francisco) that prioritize an inclusive collaborative work environment as a policy.
Ripple believes that in order for you to perform at your best and thrive, business must provide a space where, regardless of race, ethnicity, gender, ethnicity, or ass...
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