90 per cent of companies report challenges in executing diversity agendas

-

New research has shown that nine in 10 companies globally, including the UK, have reported challenges in executing DEI (diversity, equity and inclusion) strategies. 

A new report by McKinsey & Company, a consulting firm, has found that nine in 10 companies globally report finding problems and challenges when trying to execute DEI agendas. This is much to the detriment of “diverse employees” with only one in six feeling supported during the current crisis.

Despite this, the data shows that employers have made DEI a priority during this period. Nine in ten companies have stated that, even with the pressures of the crisis, issues surrounding diversity and inclusion have still remained a ‘moderate’, ‘very important’ or ‘top’ priority.

Two in every five companies around the world are showcasing their commitment to an inclusive workforce by continuing to expand their investment in DEI programs whilst making budget cuts elsewhere.

Get our essential weekday HR news and updates.

This field is for validation purposes and should be left unchanged.
Keep up with the latest in HR...
This field is hidden when viewing the form
This field is hidden when viewing the form
Optin_date
This field is hidden when viewing the form

 

Despite this, the report finds that “diverse” employees including LGBTQ+ employees, employees of colour and women are struggling most in the workplace and with balancing work and home life.

Two-thirds of LGTBQ+ employees stated that mental health was one of the biggest challenges during this time and yet only just over half of employers (51 per cent) surveyed offered mental health counselling to their staff. Compared to heterosexual and cisgendered colleagues, LGBTQ+ reported being 1.4 times more likely to struggle with fair performance reviews and workload increases as well as loss of workplace connectivity and belonging.

Employees who are ethnic minorities are also disproportionately impacted. In the UK, these workers were 2.2 times more likely be concerned about job security and 1.7 times more likely to be concerned about a safe and healthy working place than white colleagues, perhaps due to BAME communities being more at risk for COVID-19.

Furthermore, women were also struggling due to the “double burden” of juggling work and household responsibilities. Most notably, women in the UK were 2.9 times more likely to report acute challenges with their mental health than men as well as 1.4 times more likely to be managing increased household responsibilities.

Working parents were similarly afflicted with parents being 4.1 times more likely to be struggling with increased household responsibilities and 3.2 times more likely to find it working from home difficult.

Within this report, McKinsey & Company made some vital suggestions to employers in order to support their most vulnerable employees. It stated that companies needed to rethink the traditional approach to diversity and inclusion which involves sharpening the DEI priority, rethinking flexibility and boundaries as specific sectors of employees are struggling with an increased workload and extending leadership beyond one’s own company.

*This research was taken from McKinsey & Company’s site which published this data in November 2020. It conducted global surveys in Australia, Brazil, Canada, China, France, Germany, India, Ireland, Mexico, the United Kingdom, and the United States. This research was conducted between August 19 to September 1 2020 and surveyed 1,222 executives and 2,656 employees.

Monica Sharma is an English Literature graduate from the University of Warwick. As Editor for HRreview, her particular interests in HR include issues concerning diversity, employment law and wellbeing in the workplace. Alongside this, she has written for student publications in both England and Canada. Monica has also presented her academic work concerning the relationship between legal systems, sexual harassment and racism at a university conference at the University of Western Ontario, Canada.

Latest news

Exclusive: London bus drivers’ ‘dignity’ at risk as strikes loom over welfare concerns

London bus drivers raise concerns over fatigue and lack of facilities as potential strikes escalate long-standing welfare issues.

Whistleblowing reports ‘surge by up to 250 percent’ at councils as new rights take effect

Whistleblowing cases are rising across UK councils as stronger workplace protections come into force, though concerns remain about underreporting of serious issues.

Bullying and harassment to become regulatory breaches under new FCA rules

New rules will bring bullying and harassment into regulatory scope, as firms face rising reports of workplace misconduct.

Personalising the Benefits Experience: Why Employees Need More Than Just Information

This article explores how organisations can move beyond passive, one-size-fits-all communication to deliver relevant, timely, and simplified benefits experiences that reflect employee needs and life stages.
- Advertisement -

Grant Wyatt: When the love dies – when staying is riskier than quitting

When people fall out of love with their employer, or feel their employer has fallen out of love with them, what follows is rarely a clean exit.

£30bn pension savings window opens for employers ahead of 2029 reforms

UK employers could unlock billions in National Insurance savings by expanding pension salary sacrifice schemes before new limits take effect in 2029.

Must read

Barry Cullen: How employee engagement improves diversity

Diversity is a valuable part of any employee engagement programme, and it is important that HR know how to make the two work together. Barry Cullen from RICS discusses more.

Catherine Trombley: National pride or corporate identity?

A recent survey of Chinese employment trends carried out...
- Advertisement -

You might also likeRELATED
Recommended to you