Diversity and inclusion actions in the corporate world bring positive impacts. This is shown by the study carried out by the Instituto Identidades do Brasil – ID_BR. The research, on the impact of actions for more plural environments on the job market, points out that, for every 10% increase in ethnic-racial diversity within the company, there is an increase of almost 4% in employee productivity. Also according to the study, for every 10% increase in gender diversity, there is an increase of almost 5% in the productivity of institutions.
Of all the companies served by ID_BR, 48.5% are part of the Services sector; 34.3% from Industry; 16.2% of Commerce. The results by economic sectors show that, for every 1% increase in ethnic-racial diversity of companies in the service sector, on average, business productivity increased by 0.19%. In the commercial sectors, the increase was 0.16%, in the industrial sector, 0.15%.
According to the research, the improvement in the productivity of companies that invested in ethnic-racial and gender diversity are: improvements in the level of well-being; composition of staff with more diversified skills and abilities; improvements in the organizational climate and decline in employee turnover, in addition to a greater ability of the organization to attract people with high skills and competences, and prioritize more inclusive and less prejudiced work environments.
The data analyzed by ID_BR highlight a significant advance in understanding the opening of institutions to diversity and inclusion. From 2020 to 2022, more than 60 thousand employees were reached by the ID_BR Intersectional Ethnic-Racial Census, which is carried out annually. For the organization, efforts and corporate investments, in favor of diversity and inclusion in organizations, can make a huge difference not only for the creation of a more just and equitable society, but also in optimizing the production of companies in an economic system that shows increasingly competitive and dynamic.
Source: CNN Brasil
Joe Jameson, a technology journalist with over 2 years of experience, writes for top online news websites. Specializing in the field of technology, Joe provides insights into the latest advancements in the industry. Currently, he contributes to covering the world stock market.
