Balance Development’s Post

Four in five employees want to work for a company that values diversity, equity, and inclusion. As Pride month is getting close to the end let us share why exactly this moves the Earth? 𝑷𝒐𝒘𝒆𝒓 𝒐𝒇 𝒊𝒏𝒄𝒍𝒖𝒔𝒊𝒐𝒏 When people feel included at work, they are more likely to practice healthy habits and focus on self-improvement. Inclusion makes them feel supported and valued, which encourages long-term health and growth. In contrast, those who feel excluded often seek short-term gains and take more risks, neglecting their well-being. 𝑫𝒆𝒄𝒓𝒆𝒂𝒔𝒆𝒅 𝒈𝒓𝒐𝒖𝒑𝒕𝒉𝒊𝒏𝒌 Avoiding groupthink, where individuals conform to group opinions and avoid dissent. This makes a big impact since diverse teams bring varied skill sets, experiences, and perspectives which will create new ideas 𝑰𝒏𝒏𝒐𝒗𝒂𝒕𝒊𝒐𝒏 Inclusive companies are nearly twice as likely to be seen as innovation leaders. Diverse teams generate fresh ideas and unique approaches, driving creativity and leading to more innovations. 𝑫𝒂𝒕𝒂 𝒕𝒉𝒂𝒕 𝒔𝒑𝒆𝒂𝒌𝒔 'About three-in-ten say it is extremely or very important to them to work somewhere with a mix of employees of different races and ethnicities (32%) or ages (28%). Roughly a quarter say the same about having a workplace with about an equal mix of men and women (26%) and 18% say this about a mix of employees of different sexual orientations' (https://lnkd.in/dH8UXMNg) 𝑹𝒆𝒔𝒑𝒆𝒄𝒕 Inclusive workplaces that value diversity foster a sense of belonging, making employees feel respected and valued for their unique contributions. This boosts morale, satisfaction, and engagement, leading to higher retention rates and reduced turnover. According to Glassdoor's Diversity and Inclusion Study, 76% of job seekers consider diversity an important factor when evaluating job offers. (https://lnkd.in/gZVz6qUU) 𝑬𝒒𝒖𝒊𝒕𝒚 𝒗𝒔. 𝑬𝒒𝒖𝒂𝒍𝒊𝒕𝒚 Equality in the workplace means treating all candidates and employees the same and offering them identical opportunities, regardless of their age, gender, race, religion, sexual orientation, or other demographics. For example, in recruitment, equality would involve giving all candidates the same amount of time to complete a work assignment. However, equity goes a step further by recognizing and addressing individual needs to ensure everyone has a fair chance to succeed. This means providing the same opportunities while considering the specific support or resources each person might require. For instance, equity in recruitment would allow extra time for candidates with dyslexia to complete the assignment, truly leveling the playing field. Understanding and implementing both equity and equality are crucial for an inclusive and supportive work environment. (https://lnkd.in/grzkh_ck ) #gothenburg #pridemonth #diversity

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