Employee Demand for DEI Hits New Highs: What the Latest Data Tells Us
At a time when it feels like DEI is no longer a priority, does the data share a different story?
In this episode, Michelle talks about the truth in what employees are looking for and dives into the latest research on employee and employer demand for Diversity, Equity, and Inclusion (DEI) initiatives in the workplace. She highlights compelling data from recent studies, revealing that employee interest in DEI programs is at an all-time high, matching the fervor seen in 2020, despite fluctuating headlines and changes within the federal government. Bogan walks listeners through data from leading organizations like Edelman and Bridge Partners, detailing how DEI efforts are not only being requested by employees but are also leading to tangible business benefits, such as increased retention, loyalty, and even improved financial performance.
The episode also discusses the specific DEI commitments companies are making, from outreach and hiring practices to professional development and supplier diversity. Bogan emphasizes the correlation between comprehensive DEI initiatives and employee satisfaction, trust, and retention, supporting her points with statistics and trends from reputable sources. The key takeaway is clear—investing in DEI is both a moral and business imperative, with employees seeking inclusive cultures and organizations significantly benefiting from such environments.
Key Topics Discussed:
- Recent spike in employee demand for DEI initiatives across all demographics
- Breakdown of Edelman’s Trust Barometer findings on DEI in the workplace
- Bridge Partners’ research on leadership investment in DEI
- Increasing company commitments to DEI in areas like pay equity, ERGs, mentoring, supplier diversity, and professional development
- Impact of DEI investment on employee loyalty and retention
- Quantifiable business benefits of DEI, including revenue, innovation, market expansion, and stock performance
- Debunking negative media narratives regarding DEI and focusing on what employees are truly asking for
