Benefits Of Workplace Diversity

1366 Words3 Pages
bulb-icon

Recommended: Contribution of diversity in the workplace

Workplace Diversity, Essential? As business globalization continues to explode throughout the world, so must corporate initiatives in diversity and inclusion. Moreover, much research has proven that workforce diversity supports corporate innovation and contributes to a strong competitive advantage. Many companies understand this advantage and have established themselves at the top of the list by including a diverse representation in executive and board member positions, communicating diversity expectations, and including family friendly benefits. In order for our company to become one of those organizations, presented is a comparison and analysis of the same areas with identification of where we fall short and steps necessary to begin moving towards true diversity inclusion. Diverse Workforce Advantages Many organizations struggle to attract, hire, and retain top performing individuals who will contribute to the success and growth of an organization. According to the Journal of Accountancy, (2008) “companies with diversity programs enjoy a competitive advantage when it comes to recruiting top talent” (p. 24). Further, almost nine …show more content…

Calvert report does not specifically address this area, but does state that Ebay offers benefit to Lesbian, Gay, Bisexual, and Transgender domestic partners (Forbes, 2013). Also, the website Glassdoor (2015) lists many family friendly benefits available to Citigroup North America employees. These benefits include, but are not limited to, reduced or flexible hours, work from home schedules, adoption assistance, dependent care, and legal assistance. (2015). Therefore, it would appear that Citigroup once again ranks at the top of the list for employers dedicated to supporting diversity in their

Show More
Related

  • Diversity Profile Analysis for AutoZone and Walgreens

    869 Words  | 2 Pages

    Diversity in the retail marketplace is something that is significant to the company’s success. Retailers are comprised of people selling things to people. Thus, the people that do the selling must be a good representation of the people that are doing the buying. Companies that are well diversified in their hiring practices, as well as organizational goals, are well recognized by the public. Likewise, companies that are unjust in the functioning of their company will be viewed in a negative light, which could lead to decreased sales and company accountability. Taking this into consideration, observing the diversity profiles for two major retail companies can lead to a firm understanding behind their success and company values.

    Read More

  • Five Ways Managers Can Promote Diversity And Inclusion In The Workplace Case Study

    774 Words  | 2 Pages

    Insincere diversity initiatives are unsurprisingly ineffective as employees and consumers carefully observe enterprise activity, easily spotting insincerity. Modern enterprises are increasingly previously closed-minded corporate cultures , because ultimately, a firm’s engagement with this community defines its brand identity of industry partners, employees and communities as a universal community. .

    Read More

  • Cause Of Diversity In The Workplace Essay

    946 Words  | 2 Pages

    Within an organization, diversity is considered a having a population of people that are of different races or cultures working collectively. From this collection of people, a variance of perspective is formed and talent is fostered in order to maximize performance. These great minds work

    Read More

  • Racial Privilege: Its Impact on Young Adults' Employment Opportunities

    1519 Words  | 4 Pages

    According to researchers Frances Maher and Mary Kay Tetreault, “Privilege, in its root meaning, pertains to a law--in this case often silent and unseen--that works for or against individuals and groups” (2009). In other words, although privilege is not an object, it is real. Privilege has been demonstrated in various forms of inequality and prejudice all throughout the United States’ history. From not allowing all races to become citizens of the U.S. prior to the Fourteenth Amendment to controlling who got to vote, privilege continues to impact societies. Currently, racial privilege has had a large effect on young adults, such as those in the workforce. Here, privilege negatively affects young people by limiting their hiring opportunities,

    Read More

  • Exemplary Leader: Indra Nooyi

    1893 Words  | 4 Pages

    The foundation for developing an effective diversity management program relies on leadership commitment and the CEO should communicate the organization’s position on diversity management and his or her sincere belief in the importance of diversity (Cañas & Sondak, 2010). Indra Nooyi, the current Chairman and CEO of PepsiCo, is a leader who demonstrates a strong passion for managing diversity. In this paper I will be discussing Indra Nooyi’s personal and professional background, the status of diversity within PepsiCo before her role as CEO, the leadership philosophy on managing diversity Indra Nooyi has taken, the strategies she has used to implement diversity management, and her diversity related goals. I will conclude with a discussion on the current status of PepsiCo in terms of diversity, their future diversity goals and how Nooyi’s diversity management efforts have affected the overall success of the company as a whole.

    Read More

  • Human Resource Strategies Proposal

    1121 Words  | 3 Pages

    Businesses that promote diversity in today's global marketplace are better able to attract and retain the best talent. Employing a diverse workforce allows a company to utilize the potential within the job market to its fullest and contributes to overall economic growth and prosperity. Differences among co-workers should not divide a workplace. Rather, differences among co-workers should be used to foster creativity and innovation, thereby driving profitability and business success.

    Read More

  • The Impact of Workforce Diversity

    672 Words  | 2 Pages

    A diverse workforce more closely reflects the global marketplace that the organization competes in. With the growing number of Asian, Hispanic and other minority populations, it makes sense for companies to promote and strive for diversity in the workplace. By doing this, businesses create the very conditions needed to produce more creative outcomes to the problems and challenges they will be faced with.

    Read More

  • The Value of Workplace Diversity

    1053 Words  | 3 Pages

    The EEO was the government’s attempt to ensure that all individuals have an equal chance for employment, regardless of race, color, religion, sex, age, disability, or national origin. Workplace diversity is fundamental to the structure of an organization, ensuring that individuals are also characterized by their differences as they are by their similarities. A desire for a diverse workplace reinforced by the need to comply with anti-discrimination legislation places a big demand on organizations.

    Read More

  • Diversity in the Workplace

    1429 Words  | 3 Pages

    Velez, T. (2004, November). More businesses include sexuality, lifestyle differences in diversity hiring. Knight Rider Tribune Business News. Retrieved from Proquest database on August 13, 2005.

    Read More

  • Diversity

    1000 Words  | 2 Pages

    America’s workforce is continuously changing. Businesses today hire and retain culturally diverse employees to compete in the globalize market. Companies are developing ways to tap into and capitalize upon the talents of their workforces. They are discovering how to value the diversity of their workforces and the potential that diversity brings in flexibility, ingenuity and problem solving are helping them achieve their goals.

    Read More

  • The Importance of Diversity in the Workplace

    761 Words  | 2 Pages

    Companies such as Buzztronics are leading the way in the global economy because of their dedication to diversity in the workplace. In order to build a diverse and successful workforce, a business needs to recruit, train, and retain capable and talented minorities.

    Read More

  • Importance Of Diversity Essay

    1797 Words  | 4 Pages

    Diversity in the workplace is important for employees because it manifests itself in building a great reputation for the company, leading to increased profitability and opportunities for workers. Making sure all members, students, parents and guarding’s are welcomed at all times in a well-mannered environment Workplace diversity is important within the organization as well as outside ensuring all different are put aside and everyone can come together and work well as a great team.

    Read More

  • Globalization and Diversity in the Workplace

    667 Words  | 2 Pages

    Diversity is a highly important issue in today’s business, especially in a globalized company. Workplace diversity helps to get better solutions to business problems (Schawbel, 2012). When you have a group of individ...

    Read More

  • What Is The Importance Of Diversity In The Workplace

    2032 Words  | 5 Pages

    The importance of diversity in the workplace that it can aid in a competitive framework

    Read More

  • Tolerance And Diversity

    753 Words  | 2 Pages

    Diversity is all around us and how organizations deal with the notion of diversity can be complex and quite diverse. We know that being diverse in the workplace is important to the organization's success, should be recognized, accepted, and embraced. It’s how the organizations live up to what they believe in and must go above and beyond legal compliance and requirements to promoting diversity and inclusion. Otherwise, employees may view the organization's vision and policies as lip service and only be tolerant of diversity because the organization said so.

    Read More

More about Benefits Of Workplace Diversity

Open Document