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September 28, 2013 By Constance Hall Leave a Comment

Workplace diversity is just a PR stunt, claim employees

Workers are rubbishing their employers efforts to promote fairness through diversity as a stunt to grab headlines, alleges new research.

Around half of employees consider workplace diversity strategies as filling a tick box to look good for marketing and PR, says the Adecco Group’s report ‘Unlocking Britain’s Potential.’

The dispiriting results of the survey showed workers have a jaundiced opinion of diversity programmes:

  • 27% felt the campaigns failed to change workplace culture
  • 29% of employers confessed they aim to recruit ‘certain types’ of workers
  • 20% of workers felt their organisation ignored marketing to specific sections of society
  • 22% considered a diverse workforce could not supply the skills needed by the organisation

Despite the disappointing response to the survey, many employers and workers are confident that diversity has an important role in the workplace.

Seven out of 10 employers believe they are more likely to succeed by operating a fairer and more tolerant workplace.

This reflects in the 44% of workers who would rather move to an employer with a diverse workforce.

The report is part of a campaign by consultancy and recruitment group Adecco to look at workplace diversity as a tool for promoting better productivity and improving competition in world markets.

Chris Moore, director of the ‘Unlocking Britain’s Potential’ campaign,  said:”The business case for investment in diversity has never been clearer. A diverse workforce will widen Britain’s talent pool, have a direct impact on employee engagement, and strengthen relationships with customers.

“Our research suggests that we are far from achieving the radical change in outlook required to genuinely promote the need for a diverse workforce in UK businesses.

“While it is encouraging that the case for greater female representation in the boardroom is attracting such prominence, this is only a small but important part of the debate around boosting diversity in the workplace.

“Diversity is a question of encouraging and increasing social mobility – finding ways to ensure that potential British talent, from any and every background, is not overlooked.”

Filed Under: Age - Diversity Strand, Gender-diversity strand, Race and Ethnicity-diversity strand, Sexual Orientation-diversity strand Tagged With: age, Discrimination, diversity strands, Equality Act 2010

September 28, 2013 By Constance Hall Leave a Comment

Does diversity management measure up to the talk?

 

Many organisations talk about the benefits of diversity management in terms of better working conditions, improved productivity and increased profits – but few have actually collected data to prove the point.

Swiss multinational banking giant Credit Suisse has tried to measure the impact of diversity on profits by examining the mix of employees, working conditions and financial performance of large businesses.

“Leading companies across the world today devote considerable resources to promoting gender diversity and better working conditions. Conventional wisdom suggests that improved diversity and working environment have an impact on profitability,” said Christine Schmid, head of banks and financial services research and Juliette Lim-Fat, head of thematic and derivatives research at Credit Suisse, writing in the Gulf News.

A key measure was how many women participated in senior levels of decision making.

Credit Suisse reviewed data gleaned from the most recent annual reports from the largest listed companies in Scandinavia, Germany, Italy, France and Switzerland.

The Nordic countries rated high on the number of women in senior management, with some countries insisting large companies have boards comprising at least 20% women.

German DAX 30 companies have established a voluntary quota for senior women managers this year and will publish the quotas for different management levels.

The bank also scrutinised the performance of companies that scored high for diversity from 2008 to the end of March, 2011.

Scandinavian countries again topped the lists for companies with women making up at least 10% of senior management and 20% of the total workforce.

A specific result of including more women at senior decision making levels was identified as the effect on the Scandinavian banking sector during the downturn.

Overall, Scandinavian countries had less economic problems than most – although Credit Suisse noted this could also be due to less exposure to US markets and a more ‘defensive’ financial outlook.

This article  is filed under: Discrimination, Diversity, Women, Leadership

Filed Under: Gender-diversity strand, Race and Ethnicity-diversity strand Tagged With: Business, Discrimination, Equality Act 2010, Leadership

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