As workforce demographics shift and global markets emerge, workplace diversity inches closer to becoming a business necessity instead of a banner that companies wave to show their commitment to embracing differences and change. Employees reap tangible and intangible benefits from workplace benefits, not the least of which include respect from co-workers and business gains.
Mutual Respect Among Employees
Workplace diversity fosters mutual respect among employees. Whether employees work in groups or teams comprised of co-workers with varied work styles, disabilities or who represent different cultures or generations, a synergistic work environment becomes the norm. Although an idyllic atmosphere may be difficult to achieve, employees nevertheless recognize the many strengths and talents that diversity brings to the workplace and they gain respect for their colleagues’ performance.
Economic Empowerment of Marginalized Workers
Many members of the workforce have been marginalized due to racism, ageism and discrimination against people with disabilities. Not only is this discrimination unethical and illegal, it also has serious economic consequences. When people are unable to find work, or are not able to earn a wage that is consistent with their training and abilities, their standard of living suffers and they become less financially secure. This not only has an impact on individuals and their families but can also take its toll on the community at large, as talents go unused and there is less money being circulated in the local economy.