Britain has long been a diverse country, but never more so than in 2023.
Our workforce is increasingly multicultural, and the participation of women and underrepresented groups has increased dramatically. Examples of diverse excellence and leadership are becoming commonplace, and rights are protected in law, notably through the Equalities Act (2010). Our education system has begun to broaden its curriculum, recognising diversity and inclusivity in schools and universities.
For employers seeking to be an integral part of this community, embracing diversity and inclusivity is not just a moral imperative but also a smart business strategy.
33%
Companies in the top-quartile for workforce diversity are 33% more likely to financially outperform competitors.
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57%
57% of employees have witnessed discrimination or a lack of inclusivity at work.
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73%
73% of employees discriminated against say it was not dealt with by their company.
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When a company values its staff and actively helps them reach their full potential, it becomes an organization that attracts and retains the best employees.
A diverse workforce brings together a wider range of voices, experiences, and perspectives, expanding the skills and knowledge within the organization. With a broader spectrum of experience at the table, a greater range of ideas are tested, and better decisions are made. Creativity and innovation are ignited, enabling companies to stay ahead of the curve and adapt to evolving market demands.
Yet the challenges and obstacles faced by minority and marginalised communities endure. Discrimination, prejudice, and harassment impact too many. Opportunity is spread too thinly, and unequal outcomes persist in employment, education, housing, and the legal system.
Addressing these issues grants you an opportunity to lead. A business that excels in creating an inclusive environment becomes a beacon of positive change. In a world where consumers and employees are increasingly conscious of social issues, a company’s reputation cannot be separated from its stance on diversity and inclusion.