Why DEI is Important: Nine Benefits of Strong DEI in the Workplace
By Rie Parker
Attracting top talent can be a challenge when it comes to building a successful organization — and then you have to retain it.
Part of holding onto your staff is ensuring your employees feel valued, welcome, and respected, and one way to do this is through a strong commitment to diversity, equity, and inclusion—also known as DEI.
In fact, a company’s commitment to DEI can result in even more benefits than sourcing talent and building effective teams. Utilizing a diversity, equity, and inclusion strategy can give your organization an edge over competitors and strengthen your bottom line. Let’s dig into how, and discuss nine key benefits to DE&I in the workplace.
What Is DEI?
Diversity, equity, and inclusion are often lumped together or used interchangeably, but these are four distinct parts.
- Diversity refers to a wide and varying range of groups within a community or population—think ethnicity, religion, abilities, sexual orientation, and other dimensions of diversity.
- Inclusion is the active engagement of all members of that community or population.
- Equity is the fair and just treatment of those members regardless of how they identify.
- And belonging, a fourth factor in many diversity initiatives, is when you feel like you can be your authentic self, no matter how different you may be from the people around you.
Image by Freepik
