Wow - New research questions the methodology of a McKinsey study that helped create widespread belief that diversity is good for profits. McKinsey & Company - this theory heavily influenced corporate policy globally and impacted millions of people around the world and now proven factually incorrect. How did you get this so wrong? https://lnkd.in/g_WqpFnR or paywall free link - https://lnkd.in/gCPC5bjK #diversity #HR #career #corporate #technology
Jerome Hill’s Post
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Inclusion and Diversity: More Than Just a Marketing Strategy In today's corporate world, inclusion and diversity are often touted as core values. However, it is increasingly evident that for many organizations, these principles are more about optics than genuine practice. Hiring More Women: Many companies proudly showcase their efforts to hire more women, aiming to balance gender ratios. But are these women receiving equal pay for equal work? Often, the answer is no. Despite performing at or above the level of their male counterparts, many women still face a significant pay gap. Global Hiring Practices: Similarly, organizations are expanding their hiring pools to include talent from diverse countries. Yet, the compensation often fails to reflect the experience and expertise of these international hires. Instead of equitable pay, many face disparities that undermine the value they bring to the table. KPIs and Performance: Employees from underrepresented groups frequently meet and exceed their KPIs, sometimes doing three times the work of their peers. However, recognition and compensation do not always follow their exceptional performance, revealing a disheartening disconnect between corporate rhetoric and reality. It's time to move beyond the surface level of inclusion and diversity. True commitment means: Equal Pay for Equal Work: Ensuring that all employees are compensated fairly, regardless of gender or background. Value-Based Compensation: Aligning pay with the experience, skills, and contributions of each individual. Genuine Inclusivity: Creating an environment where diversity is celebrated and every voice is heard and respected. Let's strive to make inclusion and diversity more than just buzzwords. Together, we can build workplaces that truly reflect these values in practice, ensuring fairness and equality for all. #Inclusion #Diversity #EqualPay #WorkplaceEquality #BeyondTokenism
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Move toward inclusion over equity draws a backlash; ‘Everyone has a right to feel like they belong.’ SHRM is distancing itself from the term "equity" in diversity discussions. Is this a bold move? The right step to take? 🤷♀️ What are your thoughts? 📣 #DEI #Diversity #Equity #Inclusion #HumanResources
America’s HR Lobby Scraps the ‘E’ From DEI
wsj.com
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Did you know? Women earn 27% less than men for the same work. Unlocking pay equity is a crucial challenge for organizations. Discover how to create a fair and inclusive workplace in this insightful thought leadership piece by KPMG. Click here to read more 👉 https://lnkd.in/gEnTe2gK #PayEquity #WorkplaceEquality
The pay equity challenge: Why organizations should act now
kpmg.voicestorm.com
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Founder/CEO @ PennSquared Consulting | Move from Reactive to Proactive through building TRUE Human Resources
Just another Monday, as far as I'm concerned. SHRM, to me, is a relic of the old-guard of Human Resources. They have never been - or intend to be - an organization that stands for or represents advocates of people. #PeopleFirst #TrueHumanResources #PennSquared #Equity #DEI #NuancedCommunity #HumanResources
Founder & CEO, Worklution Inc. Employee Advocacy & Education brands Caged Bird HR and Wrk Receipts
Yesterday, on Black Women's Equal Pay Day, SHRM announced that it would remove Equity from DEI and instead focus on Inclusion. As a professional organization for HR practitioners, SHRM should be leading from the front, yet this decision seems tone-deaf and regressive. Announcing this shift on Black Women's Equal Pay Day demonstrates a lack of awareness, confirms that SHRM is out of touch, and exemplifies how established institutions can fall behind when they fail to embrace innovation and evolving perspectives on workplace equity. Removing "Equity" from the acronym, even while claiming it remains a priority, sends a problematic message and appears to prioritize pandering to those resistant to DEI initiatives rather than advancing meaningful progress. It contributes to HR's often-criticized reputation for superficial changes that don't address core issues. So, what should we do when these institutions fail to meet the people's needs? We can look to history for clues. The power belongs to the people. And our new HR SaaS product launching soon will aid in returning it there and issue in a whole new world....of work. #shrm #HR #innovation #startup
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Mom | Veteran | Coach | Seasoned Human Capital Management Consultant | Providing resources and strategies HR Leaders need to innovate and grow in todays market
Yes! Let ADP help identify and rectify your gender/diversity pay gaps and build a culture of inclusion for your organization.
The Business Case for Inclusion and Diversity in the Workplace
adp.com
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This article shares practical aspects of making inclusion and equity a reality. https://vist.ly/vzbc #womenatwork #equity #diversityandinclusion HR Dive
How two women in a male-dominated field found their voice
hrdive.com
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Research shows that companies with leadership in the top quartile for racial and ethnic diversity were 35% more likely to have financial returns above their industry median. Are you making the most out of your Diversity, Equity & Inclusion efforts? Explore 13 DEI Strategies to help you build a fair and inclusive workplace: https://hubs.la/Q02H1Fnn0 #DEI #Diversity #HR
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Driving Career Growth for Skilled Trades at AC Corp | Director of People Development | Crafting Career Paths, Competencies, and Training for HVAC, Pipefitting, Sheetmetal, Electrical, and Controls
Recent SHRM data reveals a persistent challenge in our workplaces: gender bias, both overt and subtle, continues to undermine equity and inclusion. We all know it remains an issue, especially for women of color, mothers, and remote workers, who persistently earning less than their male peers. As your organization strives for a more equitable workplace, Linkage, a SHRM Company has the essentials tools to help.
Here’s How Bad Workplace Gender Bias Has Become
shrm.org
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More than three-quarters of women have experienced age-related discrimination, an issue that can start early and harm both women’s career trajectories and their employers. An expert weighs in with key recommendations that can combat this ongoing issue and promote civility at work. #women https://lnkd.in/g_nJ2R8Q
Women and Ageism: Unpacking an ‘Ongoing Issue’ at Work
shrm.org
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Asian American Inclusivity Speaker - DEI, AAPI Trainer - Educating employees @ the financial wins for being Asian Inclusive -Amplify Asian Voices
How disappointing and insensitive, showing a clear lack of cultural competency. The Society for Human Resource Management SHRM is supposed to be the authority in championing inclusive workplace environments. By removing the "I" from DEI and trying to spin it as positive, they are failing miserably. Cowering to politics in their position as a model organization is disgraceful. I'm curious to see the wave of rage and what will result. I look forward to seeing fact-finding on the correlations to the board and main sponsors' politics. #HR #SHRM #HumanResources #DEIAB #DiversityCouncil #InclusionCouncil #DEICommittee #DEIStrategy #DiversityAndInclusionCommittee #DiversityAndInclusionBoard #InclusionStrategy #DEILeadership #DEIAdvisoryGroup #LearningAndDevelopment #Training #eLearning #InstructionalDesign #Diversity #Inclusion #Equality #SocialJustice #DiversityAndInclusion #DiversityMatters #Equity #InclusionMatters #Antiracism #DiversityTraining #Disability #Accessibility #Inclusion #DisabilityRights #ADA #SpecialNeeds #Disabled #InclusiveDesign #DisabilityPride #AccessibilityMatters #blacklivesmatter #blm #solidarity #blackasiansolidarity #standforasians #StandwithAsianAmericans #StopAsianHate #StopAAPIHate #AAPIs #AANHPI #DEI #AsianAllies
Founder & CEO, Worklution Inc. Employee Advocacy & Education brands Caged Bird HR and Wrk Receipts
Yesterday, on Black Women's Equal Pay Day, SHRM announced that it would remove Equity from DEI and instead focus on Inclusion. As a professional organization for HR practitioners, SHRM should be leading from the front, yet this decision seems tone-deaf and regressive. Announcing this shift on Black Women's Equal Pay Day demonstrates a lack of awareness, confirms that SHRM is out of touch, and exemplifies how established institutions can fall behind when they fail to embrace innovation and evolving perspectives on workplace equity. Removing "Equity" from the acronym, even while claiming it remains a priority, sends a problematic message and appears to prioritize pandering to those resistant to DEI initiatives rather than advancing meaningful progress. It contributes to HR's often-criticized reputation for superficial changes that don't address core issues. So, what should we do when these institutions fail to meet the people's needs? We can look to history for clues. The power belongs to the people. And our new HR SaaS product launching soon will aid in returning it there and issue in a whole new world....of work. #shrm #HR #innovation #startup
Executive Leadership Coach | Sales Leadership Development Specialist | Marketing and Sales Leader | Chief of Staff | Advocate for Women | Former Senior Leader at VMware and Dell Technologies
5moOkay fine - I don’t think McKinsey should have misrepresented the data… BUT isn’t the workplace enormously better when you get to work with interesting people from all different backgrounds and experiences? It unleashes a new kind of creativity. And as this article says- leave the business results aside and let’s focus on doing The Right Thing.