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What is the difference between diversity, equity, and inclusion?

In this article, we will discuss the concepts of diversity, equity, and inclusion and explain each in detail. We will talk about the importance of these elements in the workplace and how organizations can prioritize them.

Definition of Diversity

Diversity refers to anything that distinguishes one individual from another. It is the presence of differences that may include race, gender, religion, sexual orientation, ethnicity, nationality, socioeconomic status, language, ability, age, or political views.

Definition of Equity

Equity is about providing support based on specific needs and is manifested in fair access, equal opportunities, resources, and the ability to thrive in an environment characterized by respect and dignity.

Definition of Inclusion

There are three key elements of inclusion, especially in the workplace: belonging, respect, and support. Belonging is the perception of acceptance, respect is the extent to which a person feels they are treated politely, and support is the level at which the means are provided to realize an individual’s full potential. If any of these elements are missing, the workplace is not truly inclusive.

The Importance of Diversity, Equity, and Inclusion

The importance of diversity, equity, and inclusion has been emphasized not only in executive management but also among the workforce in general. In a CNBC/SurveyMonkey survey, 78% of employees expressed a desire to work in an organization that prioritizes diversity and inclusion, and more than half of the participants added that it is “very important.” At the same time, a 2020 Glassdoor survey showed that nearly a third of employees and job seekers would not apply for a job at a company lacking diversity in its workforce.

Prioritizing Diversity, Equity, and Inclusion in the Workplace

Studies have shown that companies with a diverse workforce can achieve greater financial success than those without. Therefore, organizations should prioritize diversity, equity, and inclusion in the workplace. To achieve this, organizations should:

  • Form a diversity committee to help establish standards and policies and ensure accountability
  • Implement ongoing training on issues such as unconscious bias for employees and managers
  • Ensure that hiring and promotion processes are fair, and that job descriptions are written without bias
  • Set actionable and measurable goals in areas such as hiring and management performance
  • Use surveys and individual and group meetings to gather continuous feedback from employees

By implementing these actions, organizations can make diversity, equity, and inclusion a fundamental part of their strategy and achieve both financial and social success.

Source: https://www.thebalancemoney.com/what-is-the-difference-between-diversity-equity-and-inclusion-5188422

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