Why diversity drives success: How DE&I can power your team
Diversity, equality and inclusion are not just buzzwords – they are key drivers to success in today’s competitive environment. At Pertemps, we see how prioritising DE&I can lead to improved motivation, higher retention rates and ultimately, better business performance.
Here are five key reasons why:
Innovation and creativity
Diverse teams bring together people with different backgrounds, perspectives and ideas. This diversity of thought sparks creativity and innovation, as employees challenge each other and develop solutions that would not be possible in a more homogenous environment. Research shows that diverse teams are 19% more innovative and 87% better at decision-making, ensuring better outcomes in all areas of the business.
Boosting engagement and motivation
Employees who feel valued and included are more likely to be motivated and engaged in their work. A workplace that embraces DE&I creates a sense of belonging, where employees can bring their authentic selves to work. This inclusivity leads to higher job satisfaction, greater productivity and a deeper commitment to the organisation. In fact, inclusive workplaces see a 50% increase in staff retention.
Attracting and retaining top talent
In a highly competitive job market, top talent seeks employers that prioritise diversity and inclusion. A company’s commitment to DE&I is crucial in attracting skilled candidates, particularly from underrepresented groups. 62% of employees would reject a job offer from an organisation with a culture that wasn’t inclusive.
Enhancing problem-solving abilities
A diverse workforce excels at problem-solving. With a variety of perspectives and approaches, teams can address challenges from multiple angles, resulting in more effective solutions. Teams with a range of experiences and views are 87% better at making decisions and are equipped to tackle problems in innovative ways.
Improving business performance
Diversity isn’t just good for morale; it’s good for business. Companies with diverse teams are 33% more likely to see higher-than-average profits. By reflecting the diversity of the communities they serve, businesses can better understand customer needs, improve relations and increase profitability.
To find out more on this topic and read about Pertemps Network Group’s DE&I initiative, click here.
