The Business Case For Diversity, Equity, & Inclusivity
Diversity of future talent:
By 2025, millennials are predicted to make up 75% of the workforce
Deloitte Millennial Survey, 2014
Millennials are 16% more diverse than baby boomers
US Census
Only 56% of millennials are white. Not only that, but there are 11 million more millennials than there are baby boomers.
US Census
67% of job seekers consider workplace diversity an important factor when considering employment opportunities, and more than 50% of current employees want their workplace to do more to increase diversity.
Glassdoor, 2014
DEI impacts revenue and profits:
Diverse companies enjoy 2.3 times higher cash flow per employee
Forbes, 2015
A study looked at companies with diverse management teams and found that, on average, they enjoyed a 19% increase in revenue compared to their less diverse counterparts.
Forbes, 2018
Gender-diverse companies that are in the top-quartile for gender diversity on executive boards are 27% more likely to have superior value creation.
McKinsey and Company, 2018
Higher representation of women in C-suite level positions results in 34% greater returns to shareholders.
Catalyst, 2004
Organizations with above-average gender diversity and levels of employee engagement outperform companies with below-average diversity and engagement by 46% to 58%.
Gallup, 2016
DEI boosts employee performance:
Racially & ethnically diverse companies are 35% more likely to perform better
McKinsey and Company, 2015
Gender-diverse companies are 15% more likely to have higher performance
McKinsey and Company, 2015
Inclusivity matters in the workplace:
Highly inclusive companies see 1.4 times more revenue
Gartner, 2018
Inclusive companies are 1.7 times more innovative
Josh Bersin, 2015
Inclusivity leads to significantly higher cash flow per employee
Forbes, 2015
Over just three years, companies that have a highly inclusive culture notice 2.3 times more cash flow per employee.
Josh Bersin, 2015
Racial and ethnic diversity matters in the workplace:
Racially diverse teams perform 35% better
McKinsey and Company, 2015
Teams notice a 0.8% increase in earnings when they increased racial and ethnic diversity on senior executive teams by 10%.
McKinsey and Company, 2015
Sales revenue increases 15 fold among companies with high racial diversity
McKinsey and Company, 2015