Why Diversity in the Workplace is important ?

Diversity, many countries in the modern era have successfully incorporated this culture into their respective countries. and now is the time for companies to do the same as well. Building a diverse workforce from the ground up must be a priority for all companies and businesses of the modern era and here’s why !

There are a lot of benefits to be gained when businesses start focusing on the inclusion of diversity in their workforce for one, the perception of the company’s could highlight their inclusiveness towards respect and values towards every member or customer of the company regardless of age, Gender, Color or Religion. Showing/Proving a company’s or a businesses commitment towards such values would benefit the business both to the employees as well as the customers of a company in the long term.

By keeping the value of diversity at the core of a business. It helps to ensure that all applicants and employees get equal oppurtunities & Equal treatment when it comes to making a contribution towards the business. Moreover, having a work environment with employees from diverse backgrounds could help in increasing the productivity of the workplace as well the overall performance of the concerned business.

As the years go by, Its becoming an increasingly common practice for employees of the newer generation who would want to work for businesses that value open-mindedness, Diversity, Equality and Progressiveness. As it is growlingly becoming a make-or-break factor for a significant number of employees along with many others when it comes to choosing to work for a company that strives to do things for the better good.

Studies related to diversity in businesses:

According to a Boston Consulting Group study, Diversity in the workplace have had an increase of 19% growth in terms of revenue. This finding is even more significant for several tech companies, start ups and industries where both innovation and diversity in the workplace have been main contributors to its growth.

The 2018 Deloitte Millenial survey shows that about 74% of workers believe that the organization is seen to be most innovative when it has a workplace with a culture of inclusion.

Moving forward as more and more workplaces start creating an inclusive work environment in their environment . So will the workers be more innovate in the workplace !