01/27/2023

DE&I That Works

Five companies reaping the benefits of IT diversity strategies

The tech industry has long been known for its lack of diversity and, as a result, there’s been a big push for companies to take DE&I strategies seriously. Diversity not only helps organizations perform better but fostering equity and inclusion can also strengthen recruiting and retention rates, as well as overall employee satisfaction.

In fact, diverse companies have been shown to have a 2.5 times higher cash flow per employee and three in four job seekers and workers prefer diverse companies, according to data from a 2022 BuiltIn report. The report also found that diverse management increases revenue by 19 percent and gender-diverse companies report performing 15 percent higher financial returns than the industry median.

These five companies provide strong examples of successfully implemented DE&I strategies that have helped diversify the talent pipeline, close skills gaps and create opportunity for underserved populations. Through internship programs, apprenticeships, return-ships and other unique talent and up-skilling programs, these examples can help inspire the right DE&I strategy for your organization.

Please select this link to read the complete article from CIO.