In an increasingly competitive workforce environment, Wisconsin employers are seeking new strategies to attract and retain employees.
Investing in workplace culture and systems that authentically promote equity, diversity and inclusion can help employers gain a competitive edge. But at the end of the day, it is also the right thing to do.
Why Your Organization Should Care About Diversity, Equity, Inclusion and Belonging (DEIB):
1. It’s the right thing to do.
Above all else, fostering a diverse, inclusive and equitable workplace where employees belong is the right thing to do. Everyone deserves to feel safe, welcome and valued in their workplace.
2. Improve talent attraction/retention.
Organizations that prioritize diversity, inclusion, equity and belonging have an easier time attracting and retaining employees. According to a 2020 Glassdoor survey, “More than three in four employees and job seekers (76%) report a diverse workforce is an important factor when evaluating companies and job offers.” Additionally, almost half of Black and Hispanic individuals surveyed report quitting a job after experiencing or witnessing discrimination in the workplace.
3. Give your organization the competitive edge.
Organizations with diverse representation see more financial success than their less diverse counterparts. According to a report from McKinsey & Company, organizations with diverse leadership have a greater likelihood of financial outperformance.
If you are ready to take the next steps on your DEIB journey, consider registering for the Toward One Wisconsin Conference.
Toward One Wisconsin 2023, a conference on equity, diversity and inclusion, is coming to Appleton, April 25-26. This conference will provide up-to-date information, state-wide resources and evidence-based tools to help your organization take the next steps.
To learn more about Toward One Wisconsin, visit t1w.org.