Diversity refers to who is recruited, hired and promoted by a company. It's the representation of a range of traits and experiences in a company’s workforce including gender, race, physical ability, religion, age and socioeconomic status, among others.
Inclusion refers to how people feel at work. A company’s workforce can be diverse, but if employees do not feel safe, welcomed and valued, inclusivity suffers and the company will underperform.
So, whether your team is lacking diversity or you simply want to make your work environment even more inclusive, be sure to check out these surprising workplace diversity and inclusion statistics.
Statistics on workplace diversity
1. 45% of American workers experienced discrimination and/or harassment in the past year. (Source: Gallup)
2. The most commonly witnessed form of discrimination is ageism, which 45% of people say they've witnessed or experienced. (Source: Glassdoor)
3. The second and third most common forms of workplace discrimination are racism and gender discrimination. Roughly 42% of employees say they've witnessed or experienced each. (Source: Glassdoor)
4. Only 3.2% of executive and senior management positions are held by Black employees. (Source: CNBC)
5. 40% of people think there’s a double-standard against hiring women (Source: Pew Research Center)
6. Only 6.6% of all Fortune 500 companies have women as their CEOs. (Source: Fortune)
7. 78% of employees who responded to a Harvard Business Review (HBR) study said they work at organizations that lack diversity in leadership positions. (Source: Harvard Business Review)
8. Only 60% of companies have metrics in place to measure the success of their diversity and inclusion efforts. (Source: Forbes)
9. 48% of employees believe that respect is the most essential factor for a culture of inclusion. (Source: Diversity + Inclusion)
10. Diverse teams are 87% better at making decisions. (Source: People Management)
11. Average employee performance in diverse organizations is 12% higher than performance at non-diverse organizations. (Source: Gartner)
12. Companies with more diverse management teams have 19% higher revenue. (Source: Boston Consulting Group—BCG)
12. Racially and ethnically diverse companies outperform industry norms by 35%. (Source: McKinsey)
14. Most leading companies cite diversity as one of the most valuable aspects of company culture. (Source: Glassdoor)
15. 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. (Source: Glassdoor)
Improve diversity and inclusion at your company
Here are more tips for how to create a diverse and inclusive workplace. If you feel as though you could use additional help in making your company more diverse and inclusive—or you want to improve your company culture in other ways— reach out to me directly today!