The rundown: Diversity, equity, and inclusion (DEI) roles increased by 55% following George Floyd's murder in 2020. But the tide is receding amid legislative pushback in a handful of states, and employees are noticing.
A Muse.com survey revealed that 82% of employees said that their company's decision to pull back on its diversity commitments has made them less engaged in their work. The truth is, "diversity ditching" could leave employers with long-term consequences on engagement and retention.
Bottom line: There's a big disconnect between what employers are doing and what employees actually want from them. Letting DEI fade into the background could cost companies a lot - over $1 trillion, to be exact.
With the landscape shifting quickly, we've put together a comprehensive "DEI Playbook" to help companies figure out where to start and how to continue building a robust DEI strategy that meets the needs of their employees.
This playbook aims to help employers:
- Develop a solid foundation for their DEI strategy
- Make DEI a collaborative, team effort
- Understand the impact of DEI on their business
Take action: Learn more about the benefits keeping DEI at the forefront could have on your bottom line. Get a head start on ramping up your DEI efforts to be a company employees are truly proud to work for.
Wait - one more thing: The shift in prioritizing DEI has put major employers in the spotlight. This could be an opportunity to not eliminate your DEI strategy and send your Chief Diversity Officers packing, but instead, evolve what they look like at your company.