Kulkarni goes on to explain:
Employers who focus on inclusion have a better shot at recruiting and retaining a diverse employee base. Reaching gender parity, for example, is not done without intentional effort. But, that effort will pay off.
Consider these three reasons from Kulkarni:
1. Diverse teams are more innovative — When a company’s employees come from varying ethnic groups and backgrounds, they have a variety of life experiences to call on to solve problems and inform decision-making. Diversity helps employees approach things creatively and from different perspectives
2. An inclusive work environment improves employee retention — A homogeneous work environment chases employees and prospects away — even when it’s created unconsciously. By contrast, a diverse and inclusive work culture attracts a diverse applicant pool and creates a stimulating work experience that raises both morale and retention rates. Make sure your company’s messaging aligns with your hiring process and cultivate an inclusive culture from the top down. Hiring for diversity is great, but retention is equally important.
3. Diverse companies have higher profits — A workforce that hails from different backgrounds allows your company to connect better with a wide range of consumers. A diverse marketing team will more effectively reach a variety of customers, and those customers will trust your company more when they feel represented by your employees. In many cases, a more diverse workplace will help your company capture a bigger market share.
Showing Gratitude Fairly and Equitably
To build a solid workplace culture where happiness can thrive, be sure to take care of the fundamentals – diversity, equality and fairness. And, don’t under underestimate the impact of gratitude; it’s one of the foundations of happiness. As researcher Sonja Lyubomirsky explains in this short video, gratitude paves the way to happiness. After all she says, “It’s almost impossible to feel grateful and at the same time feel greedy or envious or bitter or anxious.”
Download this free resource to building workplace gratitude and make a commitment to building a happy workplace starting today!