Organizations may be more at risk of losing their highly talented women and minority leaders than they realize, according to a new report by global leadership consulting firm DDI. DDI’s Diversity, Equity and Inclusion report found that hat many companies are regressing in their DEI programs. Stephanie Neal, director of DDI’s Center for Analytics and Behavioral Research, told The Business Journals that these decisions are having a knock-on effect on talent retention and company performance. “With the stress of economic uncertainty and labor challenges, companies have turned their attention away from
This article was first published by Laila-Josefin Azhar on Medium. Have you ever felt like you don’t belong in your workplace? Like your ideas aren’t heard, your contributions aren’t valued, and your authentic self isn’t welcome? Unfortunately, this is a common experience for many people, especially those from underrepresented communities. I’ve set the theme of belonging for our quarterly topic in my region. I believe that creating a culture of belonging is crucial for building inclusive workplaces that attract and retain diverse talent. When people feel like they belong, they’re
Spotify has allegedly spent less than 10% of a $100 million diversity fund it launched after its top podcaster, Joe Rogan, came under fire for spreading Covid-19 misinformation and using racial slurs in his podcast. The world’s largest music streaming service announced its $100 million Creator Equity Fund in February 2022 to support the licensing, development, and marketing of music (artists and songwriters) and audio content from historically marginalized groups. However, Bloomberg News reports that, after its first year, Spotify had spent less than 10% of the money on that work. Riddled with
Employers continued to make progress in addressing anti-Black racism last year, but Black Canadians worry that a recession could wipe out those gains, finds a new survey. In KPMG in Canada’s survey of more than 1,000 Black Canadians, 9 in 10 felt their employers had made progress on efforts to be more equitable and inclusive for Black employees in 2022. Most also said their companies had hired and promoted more Black people, and noted improvements in their own career and promotion prospects. Black Canadians also reported improvements in their workplace
Two years after the Big Tech companies pledged to fight racism, Black and Brown employees still bear the brunt of recent layoffs sweeping the industry. DEI teams are shrinking rapidly – here’s why. Hiring for DEI roles first ramped up during Black Lives Matter protests in 2020. Tech companies pledged to boost their diversity efforts. According to Bloomberg, listings for DEI jobs have now dropped by 19% – a more significant drop than human resource or legal jobs. Many Big Tech companies that pledged to boost their diversity efforts have
