A STAGGERING 98 per cent of HR executives concur that Equity, Diversity, & Inclusion (EDI) is crucial to the overall corporate strategy, according to a recent study.
The survey, which was done by OnePoll on behalf of international business strategy and consulting firm Monica Motivates, found the ongoing relevance of EDI in firms in the UK and the US, with 79 per cent of HR leaders seeing it as “very important” and 19 per cent describing it as “somewhat important”.
The number of EDI jobs at the C-Suite* level was another indicator of the relevance of it. Over seventy per cent (79 per cent) of the 400 HR leaders surveyed claimed that a C-Suite position was in charge of ED&I.
Monica McCoy, CEO and founder of Monica Motivates, said that the survey was an “important reminder” of the value of ED&I at a time when financial pressure was putting initiatives to boost diversity, equity and inclusion at risk.
She said: “HR professionals know better than anyone that EDI has real commercial, creative and moral implications.
“So it’s really encouraging to see that the vast majority of those we surveyed consider it to be a critical piece of their overall business strategy.
“EDI programs are striving to undo prejudices and injustices entrenched over centuries and it will take time and ongoing investment to reap their greatest dividends. It’s important that HR professionals communicate this to other decision-makers in their organisations and reiterate the business case for diversity.”
According to the study, the great majority (86 per cent) of participants said that employees were more likely to express concerns about EDI issues today than they were two years ago.
Only four per cent of respondents said it was less probable, indicating both the rising significance of ED&I to workers and their confidence that their problems and complaints will be heard and addressed seriously.
*C-suite refers to the executive-level managers within a company. Common c-suite executives include chief executive officer (CEO), chief financial officer (CFO), chief operating officer (COO), and chief information officer (CIO).
NEARLY a quarter of tech workers in the UK strongly agree that women are underrepresented in senior roles within the tech industry, according to the annual Computer Weekly/TechTarget IT wage study.
Only 40 per cent of IT professionals in the UK said their organisation planned to improve the gender split in their IT teams, despite the fact that about two-thirds (67 per cent) of tech workers feel women are the solution to closing the tech talent gap.
More than 50 per cent of survey respondents emphasised the need for more male involvement in fostering a culture of inclusion for women in the tech industry, up significantly from 23 per cent from the previous year, demonstrating a growing understanding of the significance of male allies in promoting diversity and equality.
Within their firms, women and men with similar qualifications are paid equally, according to 63 per cent of respondents, however, 10 per cent disagree.
The survey also revealed a disparity in average salaries, with male respondents getting an average monthly pay of £86,392 and female respondents earning an average of roughly £61,640.
Additionally, 41 per cent of respondents stated that their firms had developed EDI strategies.
TWENTY TWO per cent of workers experienced identity-based discrimination at workplace in the UK, according to a new international study report.
This more than doubled to 45 per cent of people from a black background, 41 per cent from an Asian background, and 33 per cent from the LGBTQ+ community.
It also found that more than seven million UK employees have experienced workplace discrimination.
The new study report by Savanta*, looked at workplace discrimination in six nations and discovered that the UK performed better than the other countries surveyed.
According to the Savanta’s findings, across all the countries, 28 per cent of people believe they have encountered discrimination on some level.
With 33 per cent of workers reporting being impacted, the US topped the list. It was followed by Sweden (32 per cent), France (29 per cent), and the Netherlands and Germany (25 per cent).
It was discovered that UK companies were leading the way in improving EDI (Equity, Diversity, & Inclusion), with 45 per cent of respondents saying their organisation had an EDI policy, compared to an overall average of 38 per cent.
*Savanta is a data, market research and advisory company.
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