The pursuit of diversity, equity and inclusion (DEI) has moved front and center for organizations worldwide. This has been driven by the negative impacts of the COVID-19 pandemic and the global outcry against racial injustice. Now, more than ever, organizations must achieve long-term, sustainable change.
Real change requires real action. Companies must:
There has long been a significant and discouraging “say/do” gap between the values companies express publicly and the impact these words have on the delivery of equality. According to Mercer’s 2020 report, Let’s Get Real About Equality, 81% of organizations globally say they are focused on improving diversity, equity and inclusion. Yet, only 42% report having a documented multi-year strategy, and just 50% set formal quantitative DEI goals and targets.
So how can organizations make better progress towards diversity, equity and inclusion?
How well does our workforce represent the communities we represent and serve? What is our five- to 10-year trajectory for increasing the presence of underrepresented groups?
How well do we ensure that our employees receive equitable rewards for their work and access to progression opportunities?
How well do our culture, environment and experience instill a sense of belonging, authenticity and trust?
Mercer helps clients adapt and thrive through change every day. At times of uncertainty, we remain a trusted advisor and we are here to support you. Contact us below: