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What is diversity?
At a basic level, diversity means variety and recognizes the fact that every individual is unique and hence is a valuable resource. It seeks to ensure individuals value those who are different from themselves and not simply tolerate them.
In the workplace, diversity demands that organizations employ and encourage employees who come from diverse backgrounds. It also seeks to create a safe space for every employee or candidate regardless of where they come from.Equity implies fair treatment and justice for everyone and seeks to remove any barriers an individual might face to ensure every group participates equally at a workplace. At the workplace, equity demands that organizations offer different levels of support to different employees if that’s what helps ensure fair outcomes. Unlike diversity, equity does not simply concentrate on hiring employees from diverse backgrounds but also giving them the support they need.
Inclusion refers to the behaviors and social norms that ensure people feel welcome. At the workplace, it aims to create an inclusive environment and ensures that those with marginalized identities are given access to all the opportunities. Though intrinsically related, inclusion goes a step further and ensures those coming from diverse backgrounds are not left out of any narrative.
What are the benefits of diversity at the workplace?
Better work environment
The influence of different cultures, perspectives, and socioeconomic circumstances make a workplace creative. This is the major reason why a diverse workforce is often more innovative when coming up with ideas to reach organizational goals.
Improved decision making
Diversity at the workplace improves decision-making due to the diverse perspectives that employees bring in. It ensures a more informed and inclusive approach towards the final outcomes.
Lower employee turnover
Workplace diversity can work in favour of employee retention. Diverse organizations are more likely to respect the individual characteristics and perspectives of employees, thereby ensuring they feel heard and valued.