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diversity and inclusion report
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Nearly 70 percent of young tech professionals say they have felt uncomfortable at work based on their identities and lack of inclusion. Wiley , a developer of digital education solutions, published this stat along with others in its Diversity in Tech: 2021 U.S. Report during the 2021 ASU+GSV Summit. The company surveyed 2,000 early-career tech professionals and 270 business leaders. Wiley found that 68 percent of businesses represented in the report said there is a lack of diversity in their tech workforces. These key findings may come as a shock since U.S. companies are spending a collective $8 billion a year on diversity and inclusion efforts, yet 50 percent of young tech professionals surveyed said they have left or wanted to leave jobs because of company cultures and unwelcome workplaces. “This report proves that investment alone isn’t enough to achieve equity in the workplace,” Todd Zipper, president of Wiley Education Services, said in a press release. “We need to take an...
Great Place To Work released new research on the top three ways diversity and inclusion in the workplace impact overall business success. Great Place To Work prides itself on having the largest data set on employee experience in the world. Its Hidden Pieces of the D&I Puzzle report combines 14 years of information collected by their Great Place To Work Trust Index Survey and research scientists. The data is a representation of 1,672 businesses and nearly 4 million employees. The report shows that diversity and inclusion impacts a company’s success in these three areas: Ensuring success in the midst of a recession Reorganizing and restructuring are important events that determine a company’s equity Failure to allow hires to showcase their full selves leads to a decline in the strength of the overall company’s operation Business Wire also reports that the Harvard Business School and The Wharton School put Great Place To Work’s restructuring data into play and concluded that when a...
Esty is leading the charge in diversifying their workforce and have the numbers to prove it. Recently the e-commerce website released its diversity and inclusion report showing that its increased the number of Black and Latinx employees within the last year via a blog post: “Black and Latinx employees represented approximately 15% of Etsy’s US hires in 2019, the majority of these in engineering. At the end of 2019, Black and Latinx employees represented 11% of Etsy’s US workforce, up from 8.5% in 2018.” Etsy reports the majority of Black and Latinx hires work in the department of engineering. According to CNBC , Etsy’s workforce is made up of 1,209 U.S. employees with 50 percent of the board of directors, general employees, and executive team being women. “We’re proud of our progress, but we know there’s room to continue to expand on that,” Elizabeth Spector Louden, Etsy’s Head of Diversity & Inclusion, told CNBC. According to CNBC , Etsy plans to double Black and Latinx hires by...
Monica Poindexter will be Lyft’s newest Diversity and Inclusion Officer as the ride-sharing giant heads toward an IPO, according to TechCrunch. “The tech industry moves extremely fast, which can sometimes lead to the sacrifice of establishing a core foundation, or launching something without the proper infrastructure,” Poindexter said. “I am a firm believer that this approach does not work with advancing diversity efforts.” Poindexter will be leading all of Lyft’s diversity efforts. Hopefully, she can improve some of the company’s dismal numbers from its most recent report which showed that Black people make up a little more than 10 percent of the company’s workforce, while whites make up 52.4 percent. The report also showed that 40 percent of Lyft employees are women, with 32.8 percent being in leadership positions. Lyft improved 3 percentage points in the number of female tech team members and 4 percentage points in Black or African American team members over the course of a year....
Diversity and inclusion have become increasingly relevant in the corporate world. More executive officers are being hired to improve workplace culture and provide safe spaces for underrepresented groups. Companies are turning to diversity and inclusion technologies to help identify and solve their issues. According to a study by RedThread Research and Mercer, the D&I technology market is quickly expanding with a growing market size of $100 million. The report noted that there are some dangers in using artificial intelligence in diversity and inclusion technologies because machine learning can amplify stereotypes, adversely impacting underrepresented and marginalized groups. Human biases can unintentionally be embedded into algorithms causing discriminatory features in AI products and tools. The report suggests that organizations be cognizant of some of the flaws in AI because they are programmed by humans with innate biases. Before purchasing diversity and inclusion technology,...
Micron, the tech giant specializing in big data, announced its $10 million contribution to programs that help women and the underrepresented get into computer science. “Promoting diversity is absolutely essential to moving high tech forward. It is only through listening to all voices that we can ensure the best ideas come forward,” said Micron President and CEO Sanjay Mehrotra in the company’s first annual Diversity and Inclusion Report. Micron’s report details how the company–which encourages gender-pay equity through analysis–created a formal sponsorship program to foster relationships between senior-level female employees and execs in the company plus launched an Unconscious Bias training. “We recognize that embedding diversity and inclusion into all aspects of the organization will require continued focus and tenacity,” said Micron Technology Global Head of Diversity and Inclusion Karen Metz in a press release. “This inaugural Micron report sets the foundation for driving and...