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DEI Trends

KEY TRENDS AND PRIORITIES

According to ADP, Diversity, equity and inclusion (DEI) in the workplace are critical to the success of best-in-class organizations. In 2020, the coronavirus global health event, economic uncertainty and high-profile racial justice events are all issues that have informed the direction of DEI initiatives, and these factors will likely influence DEI trends in the coming year as well.

Does Diversity Improve Performance?

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All indications suggest that equity, diversity and inclusion (DEI) is at the top of the business and political agenda and will continue to feature prominently beyond 2021. 


Organizations already fostering commitment to advance DEI and those sitting on the fence have a choice to act and to act now. As DEI advisors to clients across industries and regions, our team at Equanimity highlights key trends and priorities organizations should pay attention to in 2021 and beyond.

  • Embed Equity and Inclusion at the Heart of Your Business Strategy 
  • Improve Accountability for DEI Results Through Compensation
  • Unleash the Power of Inclusion Through Employee Involvement
  • Narrow Gender, Racial, and Disability Pay Gaps 
  • Increase Racial, Gender, and Social Class Diversity in Senior Leadership 

Diversity, Equity and Inclusion Trends

A major challenge for organizations and institutions today is to manage an increasingly diverse workforce.

FOR ORGANIZATIONS

85% 
agreed that diversity is crucial to fostering innovation in the workplace
  • 85% agreed that diversity is crucial to fostering innovation in the workplace
  • Companies whose top management is at least 1/2 female see returns on equity that are 19% higher than average
  • 77% of companies with DEI and mentoring programs improve employee retention and job performance
  • 5.6% women represent S&P 500 as chief executives 

FOR LEADERS

78%
believe EQUITY, DIVERSITY AND INCLUSION are a competitive advantage ~ Deliotte

  • ​​2x likely to meet or exceed financial targets

  • 8x likely to achieve better business outcomesClick this text to start editing. 

  • 6x likely to​ be innovative and agile

  • 3x likely to be high-performing

FOR INDIVIDUALS AND EMPLOYEES

47%
of millennials will switch jobs to find better "culture" if they feel disengaged in the workplace.
  • 4.6x likely to feel empowered to perform their best work
  • 3.8x likely to say they are proud to work for their company

What our customers are saying

I was particularly impressed with Precious for her deep knowledge on the subject as well as her ability to effectively convey the details and nuance of DE&I (its causes, manifestations, and solutions) to everyone in a way that doesn't make them defensive.

SHAWN HERBIG PRESIDENT, IQS RESEARCH

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