What does it mean for a workforce to be diverse and inclusive? Employers may find that inclusion cannot be built off kind words and goodwill alone — it needs to be embedded within a company’s
It seems an increasing number of employers are doing just that. Multinational law firm Baker McKenzie surveyed over 900 diversity and employment leaders to see how employers have expanded their definitions of diversity and inclusion over the last three years, noting how these concepts have taken shape in the workplace. Several DEI areas of focus, from neurodiversity to miscarriages, have taken center stage for employers, with the number of U.S. companies addressing such topics increasing by as much as 61% by the end of 2021.
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“We learned that the diversity leaders within organizations are more empowered today than they've ever been,” says Paul Evans, a partner at Baker McKenzie’s Employment and Compensation Practice Group in North America. “As a result, they were able to influence business changes and get in front of issues, especially as more stakeholders demanded companies emphasize diversity and inclusion.”
These stakeholders are not only investors, but customers and employees who are choosing where to work and shop with representation and socioeconomic inclusivity in mind, explains Evans. In turn, companies are pushing themselves to establish benefits and policies that support all workers, regardless of identity or circumstances.
Here are 5 DEI policies that are gaining increasing traction for today’s workforce,