Workplace Diversity and Inclusion Trends

Goals

To find out the main trends for workplace diversity and inclusion, current and future.

Early Findings

Workplace diversity and inclusion trends

WOMEN MISREPRESENTATION
  • The representation of women in the workforce is growing very slowly, with less than a 2% increase in 2018.
DIVERSITY AND PROFITS
  • Companies that have above-average diversity in their workforce tend to have better results than companies with below-average diversity, with 19% greater revenue and 9% greater EBIT margins.
UNIVERSITY EDUCATION
  • The hiring criteria are changing, with more recruiters opting to accept more candidates with online degrees or certifications from MOOCs (Massive Open Online Courses).
TACKLING BIAS
  • As HR recruitment software is increasingly used for hiring new employees, they tend to suffer from bias and do not favor diversity and inclusion. A movement is growing to push software makers to identify these biases and make the necessary adjustments to eliminate them from their software.
  • On the other hand, if used correctly, AI can actually be used to eliminate human bias and be totally objective compared to human-based assessment methods.
  • Candidate details that are subject to biases such as age, gender, and race could be ignored or given less weight by AI.
HARASSMENT ISSUES
  • Following the MeToo movement, the awareness regarding sexual harassment at work has increased, and led to hesitations in the nature of interactions between men and women. For that reason, there could be increased training at work focused on sexual harassment and prevention.
LEADERSHIP DIVERSITY
  • Companies, especially startups such as Netflix or Uber, but also banks such as M&T Bank, have started to understand the benefits of diversity at the top and increased diversity in their top management. This is a trend that is set to carry on.
In addition to this public search, we scanned our proprietary research database of over 1 million sources and were unable to find any specific research reports that address your goals.

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