I am writing to express my strong support for DEI initiatives within our communities. Embracing DEI not only reflects our collective commitment to fairness and equality but also highlights the diversity of the world in which we live and thrive.
From recent surveys, 76% of employees and job seekers consider diversity important when evaluating job offers. Additionally, 60% of employees wish to hear business leaders address diversity issues. A significant 80% of survey respondents prefer working for companies that prioritize DEI. (BLS).
As of 2023, the U.S. labor force comprised 76.5% White, 12.8% Black or African American, 18.8% Hispanic or Latino, and 6.9% Asian, according to the Bureau of Labor Statistics
From Employers surveys, 43% of companies actively maintain and promote quantitative, time-bound DEI goals, with 80% of DEI goals remaining unchanged from 2023. Moreover, 67% of companies have implemented targeted talent programs, and 70% of companies boast supplier-diversity programs (BLS). Contrary to the naysayers, today DEI plays and important role in the emplloyer/employee relationship.
It is paramount for managers and executives to focus on these initiatives. By fostering broader perspectives, identifying new choices, reducing bias, and improving accountability, diverse teams make better decisions 87% of the time.
• 6% of Fortune 500 companies have women as CEOs. (Fortune)
• Companies employing an equal number of men and women achieve up to 41% higher revenue. (Clear Company)
• The GDP could increase by 26% through equal workforce diversification. (McKinsey)
• Gender-diverse companies are 15% more likely to notice higher financial returns. (McKinsey)
• 40% of people believe there is a double standard against women. (Clear Company)
• Only 23% of C-suites are occupied by women. (Women in the Workplace)
Despite current criticisms against DEI, the claims by opponents are not supported by both employers and employees. Clearly the factual evidence supports DEI outcomes.
William Swartz
Howell
