Benefits of Diversity at Workplace

When you think about diversity, what comes to mind? The first things that people usually think of are factors such as gender, age, cultural background, race, etc., but there is far more to creating a diverse workplace than hiring people who fit into different age brackets or creating the perfect female to male ratio.

Diversity and inclusion affect not only the businesses’ people and operations internally, but also their suppliers, customers and other external stakeholders. Though we may share things in common with other individuals, at the end of the day, everyone is their own person and can bring different things to the table, which is why diversity is so important in a team.
Here are a few of the top benefits of diversity in the workplace.

It creates innovation: Working alongside people of different backgrounds, working styles, experiences and creative concepts can be born from bouncing ideas off of each other and offering suggestions and feedback.

Language Skills: Companies that plan to expand into global markets benefit from language diversity in the workplace. For example, a company with employees fluent in Chinese and who understand Chinese culture experiences have easier time communicating with representatives from China.

Increase in Creativity: Workforce diversity increases creativity within a company because heterogeneous groups are cross-fertilizing one another within the organization. For example, employees from Japan working in Kenyan companies may approach a problem totally differently than Kenyan-born workers.

Positive Reputation: Job seekers are drawn to companies with diverse workforces because it is evident that the companies do not practice employment discrimination. Potential employees want to know that employers treat their staff fairly regardless of ethnicity, race or gender.

Increase in Productivity: Workforce diversity can bring about an increase in productivity and competitive advantages. Diversity in leadership within a firm allows managers to bring in new methods and skills for achieving unity within their teams.

Grows your talent pool: A company who embraces diversity will attract a wider range of candidates to their vacancies, as it will be viewed as a more progressive organization and will appeal to individuals from all walks of life. Naturally, as the number of applicants for each vacancy rises, the chances of finding an exceptional candidate increases too.

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