Despite widespread reports of layoffs of Diversity & Inclusion teams in mid and large sized corporations, the global market for Diversity and Inclusion (D&I) estimated at US$9.4 Billion in the year 2022, is projected to reach a revised size of US$24.3 Billion by 2030. ERGs in particular are going to play a key part in ensuring D&I success within companies.
The US supreme court recently banned the use of decades-old affirmative-action policies in university decisions. This will affect the American workforce, perhaps not immediately as university students take 4 years to progress through the system and also will have a knock-on effect on the global workforce in years to come.
How are the UK’s largest companies performing when it comes to D&I and disability? Disability and neurodiversity has seen a significant improvement overall, with an index score of 74 compared to 62 in 2022 largely due to companies moving beyond the core requirements of offering workplace adjustments, and providing disabled and neurodivergent staff with more holistic support.
Does bias disproportionately affect women in the workplace? When it comes to performance reviews and flexible/hybrid working, three kinds of bias disproportionately affect women.